SAVANNA, Ill. —
A new Metform facility will bring more than 60 jobs to the Savanna area.
“It is indeed great news when there is an announcement of business growth in this area. It is even better news when that growth is almost in our backyard,” Savanna Mayor Larry Stebbins said.
Metform, a division of MacLean-Fogg Component Solutions, announced Monday the groundbreaking of a new 100,000-square-foot precision component machining facility in Savanna. According to a press release, construction on the new state-of-the-art machining factory, located adjacent to the existing Hot Form plant on Illinois 84, will begin sometime this month. NICAM Construction of Freeport, Ill., will lead the facility expansion project as general contractor.
The investment in the infrastructure, machinery and equipment is expected to be more than $30 million, said Matthias Praus, vice president and general manager of Metform, in a press release. He expects it to create more than 60 new jobs in the next two years. He added that this project will support Metform’s significant business growth with the newest technology, as well as create long-term manufacturing jobs in northwestern Illinois.
“This investment will allow Metform to significantly expand its already strong position in the driveline component forging and machining market,” Duncan MacLean, president of MacLean-Fogg Component Solutions, said in the press release.
MacLean-Fogg Component Solutions is a division of the MacLean-Fogg Co. and supplies fastener components, engineered components and linkage and suspension components to a wide range of industries. MacLean-Fogg Company is a worldwide enterprise that provides engineered metal and plastic components to the industrial, automotive, military and aerospace markets, as well as unique devices used in the transmission and distribution of electrical power.
“Metform has been a stable and major part of Savanna’s industrial employers. With the addition to their plant to the south of Savanna they are showing a continued belief in the high quality workforce available in this region. We as a city thank Metform for their investment,” Stebbins said.
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Metform, a division of MacLean-Fogg Component Solutions, announced Monday the groundbreaking of a new 100,000-square-foot precision component machining facility in Savanna, Ill. Submitted photo
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October 2, 2012
Savanna’s Metform plans expansion
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