11/4/2015
NEWS BRIEFS
Alcoa Fastening Systems & Rings is spending $2.5 million to bring new machinery into its site at Telford, UK, strengthening its position in the automotive, construction and civil engineering sectors.
The investment, to be completed by the first quarter of 2016, includes an optical inspection machine, a collar header and a shoulder bolt cell, according to the Shropshire Star.
The latest investments, along with increased demand for the company’s services, have created four jobs, which have been filled, bringing the total workforce at Telford to 108.
“The new manufacturing machinery will give us greater capacity for existing markets and products, as well as the capability to develop more products,” stated operations director Jonathan Craven.
A big part of the company’s demand has been for shoulder bolts on cars, while demand in the green energy sector has also increased.
Headquartered in Torrance, CA, Alcoa Fastening Systems & Rings has 8,700 employees at 39 manufacturing and distribution/logistics locations in 13 countries.
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