Seaway Bolt & Specials, Corp. has purchased its fourth large-diameter cold-forming machine: a National 1250. The acquisition advances Seaway’s $8 million planned expansion, which includes a building addition, industrial machinery and additional new equipment.
Specifically, the National 1250 enables Seaway to add growth to its new Advanced Cold Forming Division. The machine provides additional capacity and capabilities to manufacture the highly engineered product families that have been identified.
Seaway’s Sales Manager, Joe Bennett, is thrilled about the expansion, and looks forward to meeting the needs of a new sector of the industry alongside Seaway’s historic male fitting scope. “The investment in these new pieces of equipment gives Seaway the opportunity to better satisfy the needs of our customers by supplying an additional line of products, with the same excellent level of service which they have grown accustomed to receiving from our team,” Bennett said.
In addition to creating new business opportunities, the expansion has already created employment opportunities. Ten positions, out of an expected twenty-five, have been filled.
Seaway Bolt & Specials Corp is a privately-owned, leading global producer of cold-formed fittings for virtually every market, including automotive, industrial, oil and gas, hydraulic and pneumatic. For more information, contact Seaway at (440) 236-5015 or visit us online: www.seawaybolt.com.