Precision Cutting Technologies Expands in Liberty Lake, Washington
02/22/2019
The Washington Department of Commerce provided a $150,000 grant from the state’s economic development strategic reserve fund to Greater Spokane Inc. (GSI) to support the relocation.
State funds enabled Greater Spokane Inc., the local non-profit economic development organization, to reimburse the company for $100,000 in allowable relocation costs and provide a $50,000 Work Start grant to assist advanced training for 20 current employees and 25 new workers.
“PCT has grown exponentially in the past 20 years, and the strength of our company is the employees,” said owner Clint Grassel. “With the recent acquisition of L&M Precision Fabrication and our new facility in Liberty Lake, our vision is to continue growing as a precision fabricator of metals as well as non-metals, such as rubber, fiberglass and plastic. We want to thank GSI for its ongoing support of our growth in this community from 2005 to today. They have connected us to cost-saving programs that have allowed us to expand more quickly than we may have otherwise.”
“Washington is committed to keeping machine shops and supplier networks for medical, electronic, aerospace and advanced manufacturing industries strong and globally competitive,” said Commerce Director Lisa Brown. “Supporting good jobs and training opportunities for our skilled trades workforce strengthens communities throughout the state.” “We are proud to have Precision Cutting Technologies in the Spokane region,” said Todd Mielke, CEO, Greater Spokane Inc..“Precision offers a host of manufacturing solutions that support other companies in the area and continues to create employment opportunities in the region. We greatly appreciate the continued support of the Washington Department of Commerce and Governor Inslee for providing tools such as the economic development strategic reserve fund that helps us retain and grow jobs within our community and across the state.”
“We are very excited to welcome Precision Cutting Technologies’ rapidly growing manufacturing operation into Liberty Lake’s thriving business community, and we look forward to working with the company as they continue to grow and expand,” said Liberty Lake Mayor Steve Peterson.
Project Announcements
Daisy Brand Plans Boone, Iowa, Production Operations
04/22/2024
Canfor Expands Fulton, Alabama, Production Operations
04/22/2024
Tucker Door & Trim Plans Henrico County, Virginia, Operations
04/19/2024
Zekelman Industries Expands Blytheville, Arkansas, Operations
04/19/2024
Fibrebond Corporation Expands Webster Parish, Louisiana, Operations
04/19/2024
Master Steel Expands Hardeeville, South Carolina, Operations
04/19/2024
Most Read
-
2023's Leading Metro Locations: Hotspots of Economic Growth
Q4 2023
-
2023 Top States for Doing Business Meet the Needs of Site Selectors
Q3 2023
-
38th Annual Corporate Survey: Are Unrealized Predictions of an Economic Slump Leading Small to Mid-Size Companies to Put Off Expansion Plans?
Q1 2024
-
Making Hybrid More Human in 2024
Q1 2024
-
Manufacturing Momentum Is Building
Q1 2024
-
20th Annual Consultants Survey: Clients Prioritize Access to Skilled Labor, Responsive State & Local Government
Q1 2024
-
Public-Private Partnerships Incentivize Industrial Development
Q1 2024