Global automotive fastener manufacturer Agrati Group completed a $4 million investment in industrial machinery and equipment at its facility in Tiffin, OH, according to a press release from the Tiffin-Seneca Economic Partnership.

Agrati worked with National Machinery to purchase a new Formax cold former this year to expand capacity. The company also worked with Arnold Machine Inc. of Tiffin to purchase custom assembly machinery.

“Agrati is very committed to its operations in Tiffin and plans to continue to grow and invest here in the coming years,” stated plant manager Casey Poignon.

In 2018, Agrati invested $1.6 million in industrial machinery, equipment and renovations to its facility in addition to adding 10 jobs, according to the Tiffin-Seneca Economic Partnership. The company produced more than 177,355,326 fasteners and shipped 10,001 orders to Fiat Chrysler Automobiles, General Motors, and other global customers.

Agrati said it is considering additional investment next year at the plant, which employs 66 people. The facility was last expanded in 2013 with the addition of a 40,000 sq ft building.

The Tiffin plant, previously Jacobson Manufacturing, was acquired by the Agrati Group in 2016 as part of the deal to acquire ContMid Holdings, Inc. from equity firm Monomoy Capital Partners for an undisclosed amount.

Park Forest, IL-based CMG is a $240 million manufacturer of custom-engineered metal fasteners, cold formed parts and stampings for car makers, automotive suppliers, and industrial manufacturers. CMG markets its products, which include safety-critical seat belt fasteners, automobile door strikers and wheel nuts, under the trade names Continental/Midland, Jacobson, Tiffin, MSD Stamping and Minuteman Distribution.

CMG also provides Taptite and Torx products and wheel nuts throughout North America.

The Tiffin plant is one of 12 Agrati production facilities worldwide, including two in Ohio. The facility primarily focuses on cold forming, tapping and thread rolling auto and truck wheel nuts as well as tubular products and highly engineered safety restraint components produced through automated welding and assembly.

Founded in 1939, Italy-based Agrati is a privately-owned multi-national manufacturer of fasteners and assembly components for the automotive and general industrial markets. The company, which employs more than 2,600 workers, acquires about 160,000 tons of steel annually to manufacturer about 8 billion pieces (bolts, special screws, nuts and advanced form parts). Web: agrati.com