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Fullerton Tool Company Plans Second Manufacturing Plant In Saginaw County, Michigan

11/26/2014
Fullerton Tool Company is opening a new manufacturing facility at Great Lakes Technology Park in Thomas Township, Michigan, with support from the Michigan Strategic Fund, the Michigan Economic Development Corporation reported. The expansion is expected to generate $8 million in new private investment and add 58 new jobs.

Founded in 1942 in Saginaw, the company manufactures solid carbide cutting tools for a vast variety of industries including medical, aerospace, automotive, power generation, heavy equipment, recreation, firearms and mold and die industries. The company is experiencing high demand for its products and plans to construct its second manufacturing facility in Saginaw County.

“The Fullerton Family is excited to expand to an additional facility for high volume production and vertically integrate our operations,” said Patrick H. Curry, President of Fullerton Tool Company. “The Fullerton West Facility will enhance our product offerings and allow us to continue the momentum of strong growth through diversification of product and customers. Fullerton Tools are all about minimum energy and maximum removal and this expansion will allow us to continue to provide real solutions for many industries and target manufacturing segments across the globe. Fullerton is thankful to have had the support of Saginaw Future, MEDC, the Saginaw County EDC, Thomas Township, and the City of Saginaw.”

As a result, the company has been awarded a $400,000 Michigan Business Development Program performance-based grant. South Carolina, Tennessee and Kentucky all solicited Fullerton’s investment, but the company chose Michigan. Saginaw County provided 35 acres of shovel-ready property to support the project.

“Fullerton Tool is a world class company in a high tech industry that could have located anywhere, but chose Saginaw County for its second U.S. location,” said Saginaw Future President JoAnn Crary. “We’re excited that Fullerton Tool is the first company to locate in the Great Lakes Tech Park and will serve as a catalyst for additional jobs and investment for the Great Lakes Bay Region and Michigan.”

“Fullerton is an important employer in Saginaw County, and its investment means Michigan residents will get good jobs that could have gone to other states,” said MEDC President and CEO Michael A. Finney. “It is through the efforts of Saginaw County and Saginaw Future that this expansion is taking place, and we are pleased to support the collaboration.”

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