Arkansas valve manufacturing plant to expand
Nibco’s million dollar investment plan expands production and protects jobs of 250+ employees.
Blytheville Courier News
The head of a valve manufacturing and distribution company says a $14 million investment plan to expand production will add new jobs and shield existing positions at the Blytheville, Arkansas facility.
Nibco chief executive officer Rex Martin said at a news conference last week that the expansion will add a dozen jobs, allow the company to maintain 19 positions that would have been moved elsewhere and protect the jobs of 250 regular workers. The Blytheville Courier News reports that the facility is gaining an expanded manufacturing plant and the addition of a distribution center, which enables the company to manufacture and ship its products onsite without the need of additional shipping and distribution facilities.
The plant produces iron valves, which are used in the construction of buildings.
www.nibco.com Nibco
- Related News:
Rittal Corporation creating jobs in Central Ohio - 08.08.2011 11:30
Case Study Database
Get more exposure for your case study by uploading it to the Plant Engineering case study database, where end-users can identify relevant solutions and explore what the experts are doing to effectively implement a variety of technology and productivity related projects.
These case studies provide examples of how knowledgeable solution providers have used technology, processes and people to create effective and successful implementations in real-world situations. Case studies can be completed by filling out a simple online form where you can outline the project title, abstract, and full story in 1500 words or less; upload photos, videos and a logo.
Click here to visit the Case Study Database and upload your case study.
2012 Salary Survey
In a year when manufacturing continued to lead the economic rebound, it makes sense that plant manager bonuses rebounded. Plant Engineering’s annual Salary Survey shows both wages and bonuses rose in 2012 after a retreat the year before.
Average salary across all job titles for plant floor management rose 3.5% to $95,446, and bonus compensation jumped to $15,162, a 4.2% increase from the 2010 level and double the 2011 total, which showed a sharp drop in bonus.