Industrial Magnetics, Inc. Expands Boyne City, Michigan, Manufacturing Plant
06/17/2015
"We're very pleased to announce the expansion of our facility", states IMI President, Dennis O'Leary. "We've taken great care to design a construction plan that ensures as little work flow interruption as possible. We're confident that we’ll maintain our current pace of business through the project and be well-positioned for continued growth."
According to company officials the addition was necessitated by space constraints in the current facility due to steady business growth, largely attributed to new product development and the growth of key channel partners. The new space will house a variety of work cells designed for efficient changeover to meet the wide array of products the company manufactures. Additionally, it will house a 40 ton capacity crane for large-scale projects and an integrated loading bay.
Construction of the addition is set to begin in June with a completion target date of December 1. Once completed, the company's total manufacturing space will encompass 34,000 sq. ft.
Most Read
-
-
Why are Foreign Trade Zones Making a Comeback?
Q3 2020
-
The New Normal in the Automotive Supply Chain
2020 Auto/Aero Site Guide
-
34th Annual Corporate Survey & the 16th Annual Consultants Survey
Q1 2020
-
Infrastructure Investment as an Economic Stimulus Tool
Q3 2020
-
2019 Top States for Doing Business: Georgia Ranks #1 Sixth Year in a Row
Q3 2019
-
Nondisclosure Agreements Best Practices When Negotiating Incentives
Q4 2020