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NanoMech Expands Its East Springdale, Arkansas, Development and Manufacturing Campus
Area Development Online News Desk (01/15/2014)
A company that creates advanced engineering materials through patented nano-engineered and nano-manufactured product development, NanoMech purchased its existing factory and will build an adjoining state-of-the-art facility in east Springdale, Arkansas. The approximate 25,000 square foot building will triple the size of current operations and will serve as the company’s world headquarters.

The new factory will incorporate cutting edge assembly lines, laboratories, and the latest in security, environmental, and safety systems for handling advanced manufacturing, military, and strategic projects. While the new facility will connect to the existing building, the company has purchased the adjacent 7.3 acre tract for future development providing the company with the ability to expand on a contiguous 9 acre campus.

“This advanced facility will allow us to accelerate the development and commercialization of innovative products that people have only dreamed of before,” said Dr. Ajay P. Malshe, NanoMech Founder and CTO said. “Aggressive demand for our technology suggests the need for rapid scale-up production to meet government and private sector orders for our breakthrough products.”

“NanoMech is a global nanomanufacturing company founded right here in Northwest Arkansas,” said NanoMech CEO Jim Phillips. “The new factory and expanded headquarters will provide for approximately 25 to 50 new jobs for world-class scientists and support staff. The space will also allow us to meet current demand for our products while advancing ongoing research and development efforts. This state-of-the-art, smart manufacturing facility and laboratories will further position our products and scientists as some of the best and most innovative in the world.”

Founded in 2002, NanoMech officials said their efforts are the result of a successful public/private partnership between the private sector, the State of Arkansas, the University of Arkansas, and the federal government. State and city officials worked alongside company leadership to make the company’s new global campus become a reality.

“NanoMech is at the forefront of an industry estimated to have a multi-trillion dollar impact on the global economy over the next decade,” Grant Tennille, the Executive Director of the Arkansas Economic Development Commission said. “This expansion signifies to the industry that NanoMech is one of the world’s leading companies and we believe they will continue to create important, knowledge-based jobs and attract the best scientists from the international stage.”

Perry Webb, President of the Springdale Chamber of Commerce said, “Springdale is a great place to do business and we are thrilled that such a successful national—award—winning global technology company is headquartered here,” Webb said. “We have been impressed with their management's relentless work ethic, and excited this multi-million dollar factory will serve as an anchor for this area encouraging other companies to include Springdale in their growth plans.”

NanoMech chose Miller Boskus Lack Architects, P.A. of Fayetteville, Arkansas, to design the new headquarters factory and labs. Architectural plans are complete and construction is expected to be begin in the coming weeks. The new factory and headquarters is expected to be fully operational by this summer.

 
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