YORK, S.C. – FOMAS, Inc., a custom manufacturer of seamless rolled rings, is expanding its existing manufacturing operations in York County. The $2.5 million investment is expected to create more than 10 new jobs in the coming years.
Based in York County, FOMAS, Inc. was formerly known as Ajax Rolled Ring and Machine, Inc. before being acquired in December 2014 by Italy-based FOMAS SpA. A designer and manufacturer of seamless rolled rings in a variety of steels, the company supports the construction, gears and transmission, transportation, mining and power generation markets.
Located at 500 Wallace Way in York, S.C., the company will be expanding its machining capacity by 10 percent and remodeling its facility to accommodate increased customer demand. For more information on FOMAS, Inc., visit www.fomasgroup.com.
QUOTES
“We are proud to see that our business development actions have brought not only an increase in customer demand but also in volumes. The expansion of our machining capability will support us even more with delivering turnkey solutions to our clients.” -FOMAS Group Vice President and CEO Jacopo Guzzoni
“This partnership between FOMAS, Inc. and our great state continues to be a win-win. In South Carolina, we’ve created one of the friendliest environments for business in the world, and that’s why companies of all shapes and sizes continue to find success within our borders.” -Gov. Henry McMaster
“South Carolina continues to lead the nation’s manufacturing resurgence, and today’s announcement from FOMAS, Inc. only reinforces that fact. Congratulations to FOMAS on this landmark expansion.” -Secretary of Commerce Bobby Hitt
“York County is excited to see FOMAS, Inc. expand as they make this new $2.5 million investment and create new jobs within our community. Their strong manufacturing offerings continue to be great news for our county and our state, and we look forward to watching them grow.” -York County Council Chairman Britt Blackwell
FIVE FAST FACTS
- FOMAS, Inc. is expanding its existing manufacturing operations in York County.
- $2.5 million investment to create more than 10 new jobs.
- FOMAS is a custom manufacturer of seamless rolled rings.
- Located at 500 Wallace Way in York, S.C, the company will be expanding its machining capacity to accommodate increased customer demand.
For more information on the company, visit www.fomasgroup.com.
About S.C. Department of Commerce
As South Carolina’s leading economic development agency, the Department of Commerce works to recruit new businesses and help existing business grow. S.C. Commerce has recruited world-class companies to South Carolina such as BMW, Boeing, Continental, Giti Tire, LPL Financial Holdings, Mercedes-Benz Vans, Samsung, Toray and Volvo Cars and also supports startups, small and existing business, innovation and rural development initiatives. S.C. Commerce partners with the S.C. Technical College System via readySC to support workforce training and recruiting, and with the S.C. Department of Employment and Workforce, which provides worker training and employment opportunities within the state. With a strong international footprint, since 2011, the Palmetto State has ranked among top three in the nation for attracting jobs through foreign investment on a per capita basis, according to IBM-Plant Location International. Additionally, in five of seven years, the state has won the Gold Shovel Award from Area Development magazine; and, in 2017, the state was recognized as Business Facilities’ State of the Year. For more information, visit www.SCcommerce.com.
Media Contact:
Adrienne R. Fairwell, APR
Director of Marketing and Communications
South Carolina Department of Commerce
(803) 737-1998
afairwell@sccommerce.com
www.SCcommerce.com
