CHICAGO GKN Sinter Metals
Inc. plans to spend $10 million to expand its production
facility in Gallipolis, Ohio.
The project is expected to
generate up to $20 million in additional sales for the company
and create 50 full-time jobs over the next two to three years,
according to plant manager Matt Daniels.
The company, which produces
precision powder metal products in high-strength complex shapes
for the automotive, industrial and consumer markets, will
install a 750-tonne powder-compaction press along with other
pieces of equipment to launch production of differential-gear
components developed at the plant.
GKN Sinter Metals, a unit of
Worcestershire, England-based GKN Plc, has received tax credits
and development grants valued at nearly $800,000 to assist with
the Gallipolis project from various state and local
The 175,000-square-foot facility
now employs more than 160 people who make gears, clutch
pressure plates and torque-converter components for such
customers as Auburn Heights, Mich.-based Chrysler Group LLC;
Detroit-based General Motors Co.; Wooster, Ohio-based LuK USA
LLC; and Indianapolis-based Allison Transmission Inc.
Production of the new components
is expected to begin during the second half of this year.
"The untiring support weve received from the community
and all levels of government has made this program possible,"
Daniels said. "We are eager to install this new equipment and
to begin production based on the new technology thats
been developed here in Gallipolis."