We have recently begun our building expansion at Temco Tool that will add 21,000 sq. ft. to our existing space – 14,000 sq. ft. of which will be dedicated to production. The entire production area will be temperature controlled and seamlessly integrate with our current building. The remaining floor space will house production support (including deburring and assembly) as well as a new cafeteria, conference rooms, office space, and an elevator.
The structure is scheduled for February completion with internal completion by spring or early summer. Once the expansion is finished, we will begin purchasing additional equipment for our facility.
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As the manufacturing industry continues to advance, the need for skilled workers increases. The demand for machinists, programmers, and operators is growing at a rate higher than people receiving degrees to fill those positions. It is estimated that in 2025 there will be 2 million unfilled skilled job openings in industry, compared to the 300,000 today. Continue reading