AFCO Industries Inc. is opening an aluminum manufacturing facility in Olmsted, Illinois, along State Highway 37. The company will invest at least $1.9 million to establish a plant where it can double its production capabilities, including its aluminum extruding and painting operations.
“As a 68-year-old, 100 percent employee-owned company, we are looking forward to being good corporate citizens of the state of Illinois,” AFCO Chairman/CEO Jim Waters said. “In our visits to the region, we found an eager and available workforce and a manufacturing-friendly government that assisted us in our search for a suitable expansion site.” The company, which plans to hire 19 associates, has a goal of adding a second and third shift.
“We are grateful for AFCO’s commitment to southern Illinois,” Governor Pat Quinn said. "Manufacturers like AFCO are major contributors to Illinois' economy and support our local communities. I welcome AFCO to Illinois, where our hardworking men and women are second to none."
AFCO chose Olmsted, in Pulaski County, for reasons that include the site’s access to AFCO’s customer base, cost effectiveness and a quality workforce, according to the Governor’s Office. AFCO’s building products are featured in some of the nation’s largest dealers, distributors and home centers. Aluminum components by AFCO are used by some of the best-known manufacturers in the United States.
A $32,500 state investment that includes training for AFCO’s new workers helped the company decide to locate in Olmsted. The investment is funded by the Illinois Department of Commerce and Economic Opportunity. As part of the grant agreement, AFCO must create 15 full-time jobs by August 2016. The company has opted to hire four additional workers.
“Companies like AFCO are helping Illinois make a comeback by investing in our local communities,” DCEO Director Adam Pollet said. “With our assistance, AFCO will be able to open its new facility and provide job opportunities in Pulaski County.”