News & Press
Findlay Machine and Tool Doubles Production Capacity Size in Ohio
Ohio provides the company with efficient access to some of the biggest markets in the Midwest
Company Name: Findlay Machine and Tool
Location: Findlay
Industry Sector: Advanced Manufacturing
Company Profile: Findlay Machine and Tool is a high-quality plastic parts manufacturer offering a range of services including engineering and design, industrial 3D printing and prototyping, plastic injection molding and tooling services. The Hancock County company’s experience and capability manufacturing large parts that require high-tonnage injection presses is a significant differentiator for the company.
Company Website: www.fmtinc.com
Project Summary:
Type of Project: Expansion
Jobs:
- Jobs committed: 52
- Jobs retained: 26
Capital Investment: $7,240,960
Company Need:
Findlay Machine and Tool needs to support its more than 30% annual growth rate. It requires a larger facility where it can add additional presses and has enough space to allow for continued expansion.
Why Ohio?
FMT Plastics plans to expand in Ohio. Company CEO Dave Feldman attributes Ohio’s advanced manufacturing expertise as a key factor it the decision to expand in Findlay, as well as the area’s proximity to market.
The presses provide the latest in efficient, precision manufacturing which means a cleaner manufacturing environment, accurate, high-quality parts, shorter run times and ultimately better value for customers.