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
Mon Jun 28 2021
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
Type of Project: Expansion
Jobs committed: 52
Jobs retained: 26
Capital Investment: $7,240,960
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.
Being centrally located is critically important and a major advantage for our company. From a logistics perspective, we are within 600 miles of approximately 60% of the US population and our robust transportation network provides efficient access in and out.
CEO, Findlay Machine and Tool
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.
We are making considerable investments in our team and in the latest in modern, eco-friendly, fully-automated, advanced manufacturing technologies, combined with a focus in innovation and new product development. These investments are designed to provide our clients with industry leading solutions and unmatched value.