
FOMAS, Inc. Growing Existing York County Operations
07 Mar, 2018
FOMAS, Inc., a custom manufacturer of seamless rolled rings, is expanding its existing manufacturing operations in York County, South Carolina. The $2.5 million investment is expected to create more than 10 new jobs in the coming years.
“We are proud to see that our business development actions have brought not only an increase in customer demand but also in volumes. The expansion of our machining capability will support us even more with delivering turnkey solutions to our clients,” said FOMAS Group Vice President and CEO, Jacopo Guzzoni
Based in York County, FOMAS, Inc. was formerly known as Ajax Rolled Ring and Machine, Inc. before being acquired in December 2014 by Italy-based FOMAS SpA. A designer and manufacturer of seamless rolled rings in a variety of steels, the company supports the construction, gears and transmission, transportation, mining and power generation markets.
The company will be expanding its machining capacity by 10 percent and remodeling its facility to accommodate increased customer demand.
“This partnership between FOMAS, Inc. and our great state continues to be a win-win. In South Carolina, we’ve created one of the friendliest environments for business in the world, and that’s why companies of all shapes and sizes continue to find success within our borders,” said Gov. Henry McMaster
Related Posts
-
NVIDIA to Manufacture American-Made AI Supercomputers in U.S. for First Time
-
Metals Sector in St. Louis Region Thrives with $500 Million Investment
-
GE Aerospace to Invest Nearly $1B in U.S. Manufacturing in 2025
-
Entos Pharmaceuticals Announces $198.5 Million Partnership with the Governments of Canada and Alberta to Accelerate Biomanufacturing of Fusogenix PLV Next Generation Therapeutics
-
Regional Growth Partnership and JobsOhio Welcome Meta to Northwest Ohio with New $800 Million Data Center Announcement
-
TexAmericas Center Announces New Qualified Site
-
Global Company Plans to Manufacture Armored Vehicles in Fort Pierce, Florida
-
Governor Abbott Announces JETI Expansion Project In El Paso County, Texas
-
AeroVironment (AV) Expands Footprint in Salt Lake County, Utah
-
SkyWater Announces Proposed CHIPS Funding to Enhance Domestic Semiconductor Production and Capabilities