Italy’s Agrati Group, a global manufacturer of automotive fasteners, recently completed a $4 million investment in industrial machinery and equipment at its Tiffin, Ohio plant. The project took place throughout calendar year 2019, follows a $1.6 million investment made in 2018.
Agrati, which employs 66 at the plant, is considering additional investment next year, according to the Tiffin-Seneca Economic Partnership, which announced the project completion.
“Agrati is very committed to its operations in Tiffin and plans to continue to grow and invest here in the coming years,” said Agrati Plant Manager Casey Poignon.
The Tiffin plant was acquired by the Agrati Group in 2016. It is now one of 12 Agrati production facilities worldwide, with two in Ohio. The facility primarily focuses on cold forming, tapping and thread rolling auto and truck wheel nuts, as well as a variety of tubular products and highly engineered safety restraint components, produced through fully automated welding and assembly. The facility was last expanded in 2013 with the addition of a 40,000 square foot building.
To read more about the investment on the Fastener Fair USA site, please click here.
Agrati Group
www.agrati.com
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