MetalKraft Industries, Inc., a world-class manufacturer of precision sintered metal components, recently announced its plans to expand and modernize its flagship production facility in Wellsboro to meet growing customer demand and further strengthen the company’s competitive advantage.
The construction and new equipment purchase initiative will not only add 9,000 square feet to the company’s footprint but will also bring in new state-of-the-art semi-automated Computer Numerical Control machining equipment and mechanical compacting presses. In all, the project will expand MetalKraft’s production capability by 33%.
“We’re delighted to be able to expand our design, development and production capabilities to meet growing demand within our existing customer base and facilitate our expansion into new markets”, said Aaron Singer, MetalKraft’s president and CEO. “We’re fortunate to have cultivated a diverse base of customers over our nearly 40 years of continuous operations, and that diversity has helped us weather the storm of the COVID-19 pandemic and keep an eye towards growth. Now, as the markets we serve continue to rebound and gear back up, we’ll have the capability and capacity to serve them with the exceptional customer focus and high-quality products they’ve come to expect from MetalKraft.”
MetalKraft currently employs 55 skilled production associates within its Wellsboro facility and a total of 75 employees nationwide. The company offers CAD-based collaborative part design and engineering services to help customers develop solutions that meet specifications and also produces standard parts for the automotive, lawn/garden, recreational vehicle and commercial markets.
The Tioga County-based company has proprietary processes that allow MetalKraft to work with a wide array of alloys and achieve exceptionally close dimensional tolerances. The company is ISO 9001:2015 registered and a certified green technology manufacturer.
To finance a portion of the project, MetalKraft turned to the Northeastern Pennsylvania Industrial Resource Center and its Economic Development Administration loan program, which provided low interest rate financing that dovetailed nicely with the company’s existing banking relationships.
“We’ve partnered with NEPIRC for several projects over the years because they understand the value of manufacturing to rural communities and are responsive to our plans and expectations,” said Singer.
To learn more about MetalKraft’s design, engineering or production capabilities, and to explore the careers available at MetalKraft, visit www.MetalKraftPM.com or call 570-724-6800.