Allied Machine & Engineering Corp. Begins Phase II of Expansion Project
Allied Machine & Engineering Corp.
Dover, OH- Allied Machine & Engineering Corp. will officially break ground Tuesday, July 15, at 10:30 on Phase II of its expansion project. It involves a 30,000 square foot addition to its West Third Street facility which includes research and development space, training areas, offices, and cafeteria space. The addition is expected to cost $15.1 million.
Leading the ground breaking is Bill Stokey, President/ CEO, Mike Stokey, Executive Vice-President, and Steve Stokey, Executive Vice President. State Director, Dallas Gerber, State Representative, Al Landis, Dover Mayor, Richard Homrighausen and other local dignitaries will be in attendance.
Phase I of the project at Allied’s Deeds Drive facility was completed in December 2013. The feedback from distributors, customers, and their associates regarding the 60,000 square foot addition has been very positive. “The air-conditioned, high tech manufacturing areas as well as the modern training and café facilities were the first steps toward establishing world-class facilities in Dover, Ohio,” states Steve Stokey. “We learned a great deal throughout the design and construction process and we are incorporating many of the lessons learned into Phase II. We know our Third Street Associates are excited about the facelift that is underway.”
Allied was one of several companies receiving state approval through the Job Creation Tax credit. They expect to create 30 full-time equivalent jobs, generating $1 million in additional annual payroll within three years of the project’s initial operations and retain existing employment levels in Dover for the term of the tax credit.
Allied Machine & Engineering is a leader in the design and manufacturing of replaceable tip drilling and finishing systems. Allied has grown from a small, single location shop to a corporation with manufacturing and distribution facilities around the world. Their commitment to providing solutions that consistently yield lower costs per hole has propelled them to become a global leader in the metal cutting industry.
“Our goal of creating a facility that gives the same world-class impression as the performance of our products is becoming a reality. We are proud of our past and look forward to creating our future” Stokey further stated.
Published Date : 7/2/2014