IBC Advanced Alloys Corp. (CVE:IB) reports that it has opened a new 63,000 square foot manufacturing facility in Wilmington, MA.
The press release is quoted as saying:
The Company has successfully relocated to an optimally configured modern facility that employs a more streamlined process flow and incorporates additional equipment to further improve production efficiencies. The plant also includes a second furnace that will ultimately further increase capacity. IBC’s Wilmington facility will provide customers with advanced metallurgical materials solutions produced at a state of the art manufacturing facility. IBC expects to increase employment at the Wilmington plant and add up to 40 high tech manufacturing and engineering personnel over the next three years.
IBC Advanced Alloys’ President and CEO, Anthony Dutton says:
“This investment and plant opening represents a significant event in IBC’s history and would not have been possible without the ongoing support of our customers, employees and shareholders.” “IBC is committed to materials performance and to providing engineered materials solutions to our growing international customer base,” continued Dutton, “and this new facility is a testament to that commitment.”