Visumatic will be formally breaking ground on October 14, 2022 at 2:00 p.m. for a new engineering and manufacturing facility in Versailles, Kentucky.
The company is a family-owned and operated business, currently headquartered in Lexington, and specializing in automated fastening systems for factories that do product assembly work.
The new project includes the development of infrastructure for 6.4 acres of land on Industry Drive including parking, water, sewer, and utilities.
“The project is a major investment meant to expand our design engineering abilities while increasing our workload capacity. By doubling our assembly and test floor space, we are positioning our team to lead technological innovation and grow with the tremendous market demand in the automated fastening technology industry,” said Jeff Cunningham, Visumatic president.
All work will be completed in a single phase with a projected move-in date of November 2023.. All machinery is designed, built, and tested in-house, and offered through a distributor network in the USA, Canada, Mexico, the UK, and the EU.