Hematite Recognized for USA Investments
Select USA - Investment Recognition
We are very pleased to have received a certificate in recognition of positive investment in the United States leading to job creation and economic growth. Ian Steff, Assistant Secretary extended best wishes to our current and future growth and success for the US operations.
Hematite has invested $19 million in its 106,000 square foot production facility in Englewood. “Ohio has become a very important part of our family as we continue to service our customers and launch new programs” stated John Pavanel, CEO, Hematite.
Our most recent investment is an existing 60,000 square foot building in Fayetteville, Tennessee. This expansion of our footprint is an exciting part of our corporate strategy to grow the business in south eastern USA to support our customers. Our focus now is to engage with the local community as we begin to create the Fayetteville team that will help us achieve a successful launch in early 2021, says Barry Jones, President & CTO, Hematite.”
Hematite manufactures precision products from recycled materials for the automotive industry. The company’s products are designed to manage the impact of acoustics, airflow and water on vehicles. These are dynamic times for Hematite as well as the automotive industry and it is important that Hematite continue to respond to new opportunities and challenges.