Second year of multi-million investment at Tiffin plant
TIFFIN, OHIO – Monday, September 9, 2019 – The Agrati Group, a global manufacturer of fasteners for automotive companies, has announced completing its investment of $4 million in industrial machinery and equipment at the Airport Industrial Park facility in Tiffin. The project took place throughout calendar year 2019, and the company looks to consider possible additional investment next year. Agrati employs 66 people locally.
In 2019, Agrati worked closely with National Machinery in Tiffin, purchasing a new Formax cold former to expand capacity. The company also worked with Arnold Machine Inc. from Tiffin purchasing multiple custom assembly machinery.
In 2018, Agrati invested $1.6 million in industrial
machinery, equipment, and renovations to its facility, in addition to adding 10
jobs, brining its workforce to 66 at the end of the year. Last year, the
company produced 177,355,326 fasteners and shipped 10,001 orders globally. Fiat
Chrysler Automobiles (FCA) and General Motors are Agrati Tiffin’s top two
The Tiffin plant was previously Jacobson Manufacturing, and
was 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 and highly engineered safety restraint components,
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 is very committed to its operations in Tiffin and plan
to continue to grow and invest here in the coming years,” said Agrati Plant
Manager Casey Poignon.
Seneca County Board of Commissioners President Shayne Thomas
commented: “I appreciate Agrati’s continued investment in Seneca County and we
value their contribution to our local economy.”
Tiffin Mayor Aaron Montz commented: “It is great to see the
Agrati Group investing locally for the second year. Thank you to Casey and the
staff at Agrati Tiffin for continuing to be a great local partner.”
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
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.org.