MWW Automotive Expands Capacity
A Howell auto supplier says it is adding a new paint and assembly line at its production plant in West Michigan's Baroda, including new paint mixing systems and computerized color matching systems.
MWW Automotive Group (OTCQB: MWWC) said the expansion was due to "rapidly increasing demand for its products and services, the large number of new and upcoming projects and the nature of the industrial projects currently in the last stages of negotiation."
MWW also said it is increasing the length of the two already existing paint lines adding an oversized paint booth and established additional oven capacity for increased production throughput and the processing of oversized components.
Also, the company has added Waterborne Paint Processing. This new paint system will allow MWW to add products, which require this kind of environmentally friendly paint and processing, to MWW's product portfolio.
"The increasing number of programs that have been awarded to us along with those still in negotiation for production to begin in the near and midterm future, have made this step necessary," said Chuck Pinkerton, MWW Automotive CEO. "Fortunately we have been preparing for this expansion for some time and have secured the necessary resources, such as the required equipment and skilled personnel far in advance. Accordingly, we are able to get this rather large expansion project up and running without having to spend significant resources and are able to commence production with a second and if necessary third production shift on a second production line quickly and when needed. We have expedited this expansion in light of our advanced negotiations with our new industrial clients, whose products will not only require oversized production lines, but also a large percentage of our production capacity. We expect to finalize the negotiations and begin with the start-up procedures soon. We will make another announcement about the substantial size of these new projects as soon as we commence with production."
More at www.mwwautomotive.com.