Freudenberg-NOK Sealing Technologies Plans Auto Sealing Facility Expansion In Findlay, Ohio
The plant produces approximately 700 high performance plastic parts for customers including vehicle manufacturers and tier one and two suppliers using state-of-the art manufacturing processes. According to the firm, the company will pursue a 43,000-foot factory expansion that could result in retaining 148 jobs and creating 25 new jobs at the plant. Final company decisions are dependent on formal approval of all State of Ohio workforce and incentive programs.
"Freudenberg-NOK's Findlay facility is a benchmark for lean manufacturing and production of quality components so it is not surprising that escalating customer demand offers us tremendous new opportunities for business expansion in Ohio," said Dr. Theodore G. Duclos, President, Freudenberg-NOK. "We are happy to invest in the success of this facility and the greater Findlay community with this construction. We anticipate that this expansion will help us better serve existing and new customers with quality sealing products."
Findlay's expansion will help the facility increase its compression and injection molding product production which includes seal rings, thrust washers, pistons and assemblies, company officials said. The plant currently manufacturers 185 million seals and related components annually and anticipates the new addition will increase production by approximately 25 percent a year. Freudenberg-NOK leaders have worked with JobsOhio, state and local officials on incentives to support the expansion, company officials said.
"Freudenberg-NOK's decision to expand its Findlay facility and workforce demonstrates how companies throughout the world view Ohio as a great investment," said JobsOhio Managing Director Glenn Richardson. "JobsOhio and the Regional Growth Partnership look forward to working closely with Freudenberg-NOK as they expand their presence in Hancock County."
"Freudenberg-NOK's decision to expand the Findlay operation is true testimony to the positive business climate and outstanding workforce in Findlay and Hancock County," said Findlay-Hancock County Economic Development Director Anthony Iriti. "We are proud to be a part of their success and continued investment in our community.”
"This project is a tremendous testament to the skills of our people and the success of our processes in Findlay," said Roy Schroeder, Lead Center Manager, Fluid Power Automotive, Findlay. "This plant expansion will allow us to continue our pursuit of world-class manufacturing processes and products and expand our markets. We are all excited about the opportunities this addition will bring to our facility, and we are looking forward to its completion and the addition of new employees to our plant family."
Why are Foreign Trade Zones Making a Comeback?
The New Normal in the Automotive Supply Chain
2020 Auto/Aero Site Guide
34th Annual Corporate Survey & the 16th Annual Consultants Survey
Infrastructure Investment as an Economic Stimulus Tool
2019 Top States for Doing Business: Georgia Ranks #1 Sixth Year in a Row
Nondisclosure Agreements Best Practices When Negotiating Incentives