News

Machine Specialties Announces $3.25 Million Investment, Will Hire 20 New Employees

October 4, 2010 (Greensboro, NC) – Machine Specialties Inc., a leading contract machining and metal finishing specialist based in Greensboro, is investing millions and hiring new employees in preparation for its breakthrough into large part production for the Aerospace industry.  The company plans to invest $3.25 million in equipment, including 3 new CNC Mill Turn machines (Okuma 750 Multus, Okuma VTL, Mori Seike NT4250), and hire 20 seasoned CNC set-up machinists as well as other support personnel for engineering, job planning, assembly, and quality.  This small business plans to double its sales from $25 million to $50 million by 2015, with the growth expected to come from its new ability to produce large parts for both military and commercial aircraft.

“This is a huge investment in equipment for us,” says Robert Simmons, President and Owner of Machine Specialties Inc.  “This will set us apart by having the ability to produce a precision part 20 feet long and up to 53 inches in diameter.  The equipment itself is massive, about the size of a city bus.”

Machine Specialties Inc. recently moved its operations to a 165,000-square-foot facility in Whitsett’s Rock Creek Center to accommodate its projected growth.  The new machines needed higher ceilings, thicker floors, and more square footage.

The machines will be unloaded and installation will begin on Wednesday 10/6 and Thursday 10/7.  Timing is critical since work for the next two years on these new investments is already in Machine Specialties Backlog.  The media is welcome to visit Machine Specialties Inc.’s facility at 6511 Franz Warner Parkway, Whitsett, for an excellent photo and interview opportunity on either 10/6 or 10/7. 

Contacts:   

Tammy Simmons
Machine Specialties
336-852-1919 ext. 102
tammy@machspec.com
                              
Dan Lynch, President
Greensboro Economic Development Alliance
336-387-8310
dlynch@greensboro.org