Area Development Homepage

All Sections

Site Selection

Facility Planning

Workforce Development

Business+Place

AD Editorial Board

Bill Luttrell

Senior Locations Strategist, Werner Global Logistics, Werner Enterprises
Bradley Migdal

Senior Managing Director, Business Incentives Practice, Cushman & Wakefield, Inc.
Brian Corde

Managing Partner, Atlas Insight
Christine Bustamante

National Co-Leader, Global Location and Expansion Services, State and Local Tax, KPMG LLP
Dan Levine

Practice Leader, Location Strategies and Economic Development, Oxford Economics, Inc.
Dan White

Senior Economist, Moody's Analytics
Dean J. Uminski, CEcD

Principal, Crowe Horwath
Dennis Cuneo

Managing Partner , Fisher & Phillips
Eric Stavriotis

Senior Vice President, CBRE, Inc.
Gregory Burkart

Managing Director and Practice Leader, Site Selection & Business Incentive Advisory Services, Duff & Phelps, LLC
Jamie Lominack

Corporate Real Estate Manager, Michelin North America
John Morris

SIOR, Industrial Services Lead for the Americas, Cushman & Wakefield, Inc.
Josh Bays

Principal, Site Selection Group, LLC
Les Cranmer

Senior Managing Director, Savills Studley
Marc Beauchamp

Vice President & Partner, The CAI Global Group
Michael McDermott

Consulting Manager, Global Business Consulting, Cushman & Wakefield
Minah Hall

Managing Director, True Partners Consulting LLC
Scott Kupperman

Founder, Kupperman Location Solutions
Scott Redabaugh

Managing Director, JLL
Stephen Gray

CEO, Gray Construction
Thomas J. Stringer, Esq.

Managing Director & Practice Leader, Site Selection and Business Incentives Group, BDO USA
Tim Feemster

Managing Principal, Foremost Quality Logistics

FOMAS Expands Steel Rolled Rings Plant in York, South Carolina

Area Development News Desk

01/31/2018

A subsidiary of Italy-headquartered Spa, FOMAS, a custom manufacturer of seamless rolled rings in a variety of steels, will invest $2.5 million to expand its existing manufacturing operations at 500 Wallace Way in York, South Carolina.

Based in York County, FOMAS Inc. was formerly known as Ajax Rolled Ring and Machine, Inc. before being acquired in December 2014 by Italy-based FOMAS SpA. The company, which supports the construction, gears and transmission, transportation, mining and power generation markets, will be expanding its machining capacity by 10 percent and remodeling its facility to accommodate increased customer demand.

“We are proud to see that our business development actions have brought not only an increase in customer demand but also in volumes. The expansion of our machining capability will support us even more with delivering turnkey solutions to our clients,” said FOMAS Group Vice President & CEO Jacopo Guzzoni.

“This partnership between FOMAS, Inc. and our great state continues to be a win-win. In South Carolina, we’ve created one of the friendliest environments for business in the world, and that’s why companies of all shapes and sizes continue to find success within our borders,” said Governor Henry McMaster.

“York County is excited to see FOMAS, Inc. expand as they make this new $2.5 million investment and create new jobs within our community. Their strong manufacturing offerings continue to be great news for our county and our state, and we look forward to watching them grow,” said York County Council Chairman Britt Blackwell.

Article Discussion

News Items
Around The Web

Versum Materials Opens Research Facility in Hometown, Pennsylvania

FOMAS Expands Steel Rolled Rings Plant in York, South Carolina

Area Development News Desk

01/31/2018

04/20/2018

04/20/2018

04/20/2018

04/20/2018

04/20/2018

04/19/2018

04/19/2018

Most Read

SPECIAL PRESENTATIONS

Follow Area Development

Share

Area Development Exclusives