By Nick Gilbert
Duncan MacLean, MacLean-Fogg Component Solutions’ President, has reported the ground-breaking of a precision component machining facility measuring 86,000 sq. ft. at its Metform division in Savanna, Illinois. He stated that this investment will allow Metform to expand its strong position in the machining and forging market.
Matthias Praus, Vice President and General Manager of Metform, explained that the investment in machinery, equipment and infrastructure is expected to reach more than $30 million and create over 50 new jobs in the next two years.
Construction will start this month on the new machining factory besides the existing hot forming factory on Route 84 in Savanna. Operations are expected to start on the new state-of-the-art factory in Q1 of 2013.
Metform, which contains 10 Hatebur hot forging presses, is one of the leading horizontal hot forging companies in North America. It supplies products heavy duty, agriculture and automotive industries and its recognized product brands include Axilok and Securex truck fasteners. Metform’s engineered components include bearing races, gear blanks, wind power components and industrial hot-formed components. Suspension and linkage components comprise suspension ball joint housings. In Illinois, Metform has one location in Mt. Carroll and two in Savanna.
MacLean-Fogg Component Solutions is a unit of the MacLean-Fogg that provides engineered plastic and metal components to automotive, military, aerospace and industrial markets. It supplies engineered components, suspension and linkage components and fastener components to different industries.