TIFFIN, OH – Italy’s Agrati Group, a global manufacturer of automotive fasteners, completed a $4 million investment in industrial machinery and equipment at its Tiffin, OH plant. The project took place throughout calendar year 2019, follows a $1.6 million investment made in 2018.
Agrati, which employs 66 at the plant, is considering additional investment next year, according to the Tiffin-Seneca Economic Partnership, which announced the project completion.
“Agrati is very committed to its operations in Tiffin and plans to continue to grow and invest here in the coming years,” said Agrati Plant Manager Casey Poignon.
The Tiffin plant was acquired by the Agrati Group in 2016. It is now one of 12 Agrati production facilities worldwide, with two in Ohio. The facility primarily focuses on cold forming, tapping and thread rolling auto and truck wheel nuts, as well as a variety of tubular products and highly engineered safety restraint components, produced through fully automated welding and assembly. The facility was last expanded in 2013 with the addition of a 40,000 square foot building.
In 2019, Agrati worked closely with National Machinery in Tiffin, purchasing a new Formax cold former to expand capacity. The company also worked with Arnold Machine Inc. from Tiffin purchasing multiple custom assembly machinery.
This year’s expansion built on Agrati’s $1.6 million investment in 2018, which included renovations to its facility and purchases of industrial machinery, equipment, and renovations. That year, Agrati produced 177,355,326 fasteners and shipped 10,001 orders globally. Fiat Chrysler Automobiles and General Motors are Agrati Tiffin’s top two customers .
The Agrati Group, which was established in 1939, is currently one of the leading global manufacturers of fastening systems in the automotive component sector. With over 2,600 employees worldwide, the Agrati Group has 12 production sites, 12 sales and application offices and five logistics centers located in Europe, the US and China. Each year, the Group acquires about 160,000 tons of steel and manufactures about eight billion pieces (bolts, special screws, nuts and advanced form parts). Headquartered in Veduggio, Italy, the Group is controlled by the family holding company whose major shareholder is Cesare Agrati. www.agratigroup.com