Powder Metallurgy parts maker Engineered Sintered Components (ESC) announced in a recent press conference that the company would be investing $10 million to expand their facility in Troutman, North Carolina, USA.
“We have been working hard to bring in new business and are running near full capacity. To meet customers’ demand, we need more space and more equipment, so we will be adding a 20,000 ft2 expansion to Plant 2 and bringing in $9 million of new equipment,” stated the company’s President, Ryu Goto, in a report published on the website ThunkTank.
The expansion is expected to create up to 35 new jobs and aims to be completed by the 4th quarter of 2011, with production beginning late in 2011 or early in 2012.
ESC was established in 1989 as a joint venture between Sumitomo Electric Sintered Alloys and Eaton Corporation to supply sintered metal components to the North American Automotive Industry. Along with the standard Powder Metallurgy operations, ESC offers high temperature sintering, vacuum sintering, heat treatment, various machining, & surface finishing.