Global manufacturer of mechanical seals and support systems AESSEAL has increased capacity in its operations in the US, through a series of investments totalling almost $16 million (€14.4 million).
Over the past year, AESSEAL, which is held by AES Engineering, has invested approximately $11 million (€9.9 million) into its US manufacturing facility in Rockford, Tennessee. The plant now has six nine-axes machines tools.
The company plans to invest a further $5 million (€4.5 million) into its subsidiary MS&S, located in Odessa, Texas, which focuses on the oil and gas industry. The majority of the investment will finance the construction of a new building, which will further raise the company’s profile in the industry.
Increased productivity as a result of these investments will result in 85% of mechanical seals and support systems offered by AESSEAL being manufactured in the US.
“This investment represents the confidence the company has in the opportunity for our products in North America and recognises the importance of our ability to manufacture in the US,” commented Pete Rouleau, CEO of AESSEAL. “Our ability to manufacture locally will further improve what we already believe is the best customer service in our industry, which ultimately will be to the benefit of our customers.”
Chris Rea, group managing director of AES Engineering, added: “As our US business, AESSEAL, has grown, the group has concluded that investment in the US market is essential to ensure that we continue to be true to our central goal of providing exceptional customer service. It is also a sign of confidence in the US, which is the largest and most dynamic market in the world.”
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