10/23/2012 1:15:00 PM
HEADLINES
MW Industries Expanding Springmasters / B&S Screw Machine Division
Specialty spring and fastener manufacturer MW Industries will expand its Springmasters/B&S Screw Machine Division in Greenville County, SC. The expansion is expected to generate at least 10 new jobs.
“Increasing custom manufacturing operations of precision springs and machine parts at our Greer operation is an important step in our company’s growth,” said CEO Bill Marcum.
“We are extremely pleased to consolidate our acquisition of Hi-Tech Machine of Concord, North Carolina into our Greenville County operations, and very appreciative for the support and leadership of the Greenville Area Development Corporation, city of Greer, South Carolina Department of Commerce, and others who assisted in making this announcement a reality.”
The company is in the process of transferring equipment from the recent acquisition to its existing facility at 1450 S. Buncombe Street in Greer, and expects to begin expanded operations at the facility later this year, with upfitting of the space and associate recruiting already underway.
“We celebrate MW Industries’ decision to expand its operations and create new jobs in Greer,” stated South Carolina Gov. Nikki Haley. “We know our economic development efforts are on the right track when companies choose to further invest in their Palmetto State locations.”
Established in 1957, the Springmasters/B&S Screw Machine Division is a custom manufacturer specializing in wire forms, assemblies, compression springs, extension springs, torsion springs and machined parts. It manufactures precision springs and components in wire diameters from .005”-.625” in a variety of standard and exotic materials, with CNC turning, milling and Swiss turning capabilities available on-site, as are honing, centerless grinding, brazing/soldering and assembly work.
Since January 2011, South Carolina has recruited more than $7 billion in capital investment and more than 17,000 jobs in the manufacturing sector.
The growth allows Springmasters to “meet growing needs in the medical, robotics and power tool markets in particular, which require the unique capability to machine complex parts with very precise tolerances,” said Cindy Runnette, general manager of MWI’s Springmasters facility in Greer. “We see tremendous regional growth opportunities as we work to provide precision machining excellence that is unmatched in the local marketplace.”
Runnette cited the additional assistance of South Carolina Manufacturing Extension Partnership in developing plans to make the equipment transfer and upfit as seamless and efficient as possible, while noting that Greenville County’s business-friendly environment and skilled workforce helped secure the decision to expand here.
Jobs being added include machinists, CNC programmers and quality support positions, Runnette noted. Anyone interested in being considered for positions should submit resumes to ltooley@mw-ind.com.
The news comes weeks after MW Industries, which employs 1,000 workers at 14 U.S. locations, relocated its corporate headquarters to the Chicago area from Logansport, IN. Web: mw-ind.com ©2012 GlobalFastenerNews.com
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