Magna-Tech Up and Running at the Lincoln County Industrial Park
Lincoln County – The Lincoln Economic Development Association announced back in October of 2008 that Magna-Tech Manufacturing will lease the Keith Corporation’s 38,500 square foot shell building in the Lincoln County Industrial Park next to VT LeeBoy. Magna-Tech is open and operational and plans to celebrate their new facility with an open house at a later date. The new production facility which specializes in the heat treatment and sealing of automotive castings, moved into their facility in February 2009 with four machines operating and more to come.
The initial capital investment of the building, land and equipment is $2.5 million and the company will bring 20-25 new jobs to Lincoln County.
Magna-Tech Manufacturing is headquartered in Muncie, Indiana and was established in 1987 as a provider of vacuum impregnation of castings. Magna-Tech has operations in multiple locations, including Sheboygan, WI; Guaymas, Sonora, Mexico; Glassport, PA; Greenville, SC; Sylacauga, AL; and Stoney Creek, Ontario, Canada. The company operates multiple processing lines while utilizing an array of vacuum impregnation processes and a variety of impregnation sealants.
“Since Magna-Tech made the decision to locate their company in the Lincoln County Industrial Park, I have had the pleasure of working with them during their transition. I look forward to watching Magna-Tech prosper and assisting them in the future.” says, Crystal Gettys, Existing Business Manager, Lincoln Economic Development Association.
Dennis Oakes, VP of Southern Operations, Magna-Tech. “The decision to locate in Lincoln County has turned out to be a good one; we like the area and the fact that the Lincoln County Industrial Park has easy access to both interstates made it even more attractive. I would like to thank the Lincoln Economic Development Association for their responsiveness and support; this made the decision to locate in Lincoln County much easier.”
“Magna-Tech is a great fit for Lincoln County as well as for the Lincoln County Industrial Park; we are fortunate to have them here.” says, Pete Acker, chair, Lincoln Economic Development Association.
Lincoln Economic Development Association is a private, 501c(3) non-profit corporation charged with facilitating industrial, office and commercial development in Lincoln and Lincoln County. LEDA’s mission is to foster an economic environment that promotes an increased tax base and enhances the standard of living by creating better jobs for the citizens of Lincolnton and Lincoln County. The organization’s goals include expanding existing business and industry, developing and encouraging investment by new business and industry and fostering cooperation between business, government, schools and the community.