Keystone Powdered Metal Company has announced it is making a multi-million dollar investment at its Lewis Run facility in McKean County, Pennsylvania, USA, to meet increased demand for automatic transmission components. The company is adding 20,000 ft2 of manufacturing floor space and installing new production equipment to supply components for the next generation of rear wheel drive vehicles including light trucks and SUVs.
“This investment will build upon Keystone Powdered Metal Company’s tradition of industry leading innovation. It also represents Keystone’s continuing commitment to their employees and growth of manufacturing in Northcentral Pennsylvania,” Michael A Werner, Vice President of Sales and Marketing, told Powder Metallurgy Review.
The increase in capacity has been necessary following demand for new nine and ten-speed automatic transmission components from Ford and General Motors, amongst others. “Keystone is working closely with Ford and General Motors design teams to bring to market a number of engineering firsts,” added Werner.
Keystone Powdered Metal Company is headquartered in St. Mary’s, Pennsylvania and established the Lewis Run facility in 1998. The Lewis Run site currently employs 94 production and support staff but plans to add an additional 27 production employees over the next few years. Keystone also has a manufacturing plant in Cherryville, North Carolina and a technical sales office in Northville, Michigan.