Porcher Industries continuing its expansion within the U.S. automotive market having completed its acquisition of a new dedicated U.S. plant
The Virginia plant, which was acquired via Porcher Industries' U.S. subsidiary, BGF industries Inc., has been purchased to help satisfy the increasing demand Porcher Industries is seeing from automotive OEM's for the manufacture and supply of glass fiber insulation materials, automotive exhaust components and suassemblies - all sectors in which the company has seen massive growth recently.
The new plant that will be operated by BGF industries, is situated on a 63-acre plot in Altavista, VA. The site provides scope to expand the existing 144,000 square foot facility further as forecasted growth continues and other application opportunities arise.
Transfer of machinery and equipment that includes state of the art die cutting and CNC machines, as well as welding and part forming work centers, is already underway and it is expected that the plant will be fully operational within the first quarter of 2018. The acqusition has opened up more than 40 new positions in addition to those existing operatives and management that joined from the previous owner of the site.
André Genton, CEO of Porcher Industries says "The new Altavista plant gives us a great opportunity to move production into our own state of the art facility, addressing the growing demand for our parts products and demonstrating a clear commitment to our customers."