LORD Corporation announced a facility expansion in Cambridge Springs, Pennsylvania to enhance its manufacturing capability for the oil and gas market. The $15-million investment will support the existing plant’s expansion and the procurement of new machinery and equipment, in addition to the potential to create 10 or more jobs over a three-year period.
According to the company, the expansion will support new manufacturing output for products such as flexible joints for offshore drilling and production risers. The existing Cambridge Springs facility was established in 1966 with 60,000 square feet. The current 172,000-square-foot space employs a staff of 140 who serve the Industrial, Aerospace, and Oil and Gas markets. Manufacturing presently includes rubber-to-metal components, as well as the assembly and testing of electromechanical parts. The Cambridge Springs plant employs manufacturing processes for parts similar to the future oil and gas output, which was an important decision criterion for the new expansion.
The facility is expected to deliver its first products from the expanded space in the third quarter of 2015. LORD Corporation is a diversified technology and manufacturing company developing highly reliable adhesives, coatings, motion management devices and sensing technologies that significantly reduce risk and improve product performance.
For more information, visit www.lord.com.