Company to continue investment through 2019
TIFFIN, OHIO – November 25, 2018 – The Agrati Group, a global manufacturer of fasteners for automotive companies, has announced completing its investment of $1.6 million in industrial machinery, equipment, and renovations at the Airport Industrial Park facility in Tiffin, creating 10 new jobs and bringing the total number of jobs at the Tiffin plant to 66. The project took place throughout calendar year 2018, and the company looks to consider possible additional investment next year.
The Tiffin plant was previously Jacobson Manufacturing which was acquired by ContMidGroup in 2014, which was in turn acquired by the Agrati Group in 2016. It is now one of 12 Agrati production facilities worldwide and two in Ohio. The facility primarily focuses on cold forming, tapping and thread rolling auto and truck wheel nuts, as well as a variety of tubular products, produced through fully automated welding and assembly. The facility was last expanded in 2013 with the addition of a 40,000 square foot building.
Agrati Plant Manager Casey Poignon commented: “This investment allowed us to expand our operations in Tiffin and we look toward future investment,” he said. “We have a great workforce, and we appreciate the support of JobsOhio, RGP Northwest Ohio, the Tiffin-Seneca Economic Partnership, OhioMeansJobs, and other partners in facilitating this and future projects.”
Tiffin Mayor Aaron Montz applauded the company’s continued investment in the community. “Since their entry into the Tiffin market, with the purchase of the Jacobson/ConMidGroup plant, Agrati has been a great community partner and I look forward to the additional investment and jobs they will bring to the city.”
About The Agrati Group
The Agrati Group, which was established in 1939, is currently one of the leading global manufacturers of fastening systems in the automotive component sector. With over 2,600 employees worldwide, the Agrati Group has 12 production sites, 12 sales and application offices and five logistics centers located in Europe, the US and China. Each year, the Group acquires about 160,000 tons of steel and manufactures about eight billion pieces (bolts, special screws, nuts and advanced form parts). Headquartered in Veduggio, Italy, the Group is controlled by the family holding company whose major shareholder is Cesare Agrati.
About the Tiffin-Seneca Economic Partnership
Started in 1983 as the Seneca Industrial and Economic Development Corp. (SIEDC), the Tiffin-Seneca Economic Partnership is a private, non-profit corporation dedicated to driving positive economic, downtown, and community development in Tiffin and Seneca County, Ohio, which consistently ranks among the top communities nationally for economic development. Learn more about the great things going on in Tiffin and Seneca County at http://www.tiffinseneca.com.