n n n ‘.concat(e.i18n.t(“search.voice.recognition_retry”),’n
Lansing region welcomes $77 million investment to boost U. S. manufacturing, create 200 good jobs, and deepen Michigan’s electric vehicle supply chain
Representation of American Standard Fasteners
Bath Township, Michigan, Dec. 12, 2023 (GLOBE NEWSWIRE) — Norm Fasteners, a subsidiary of Norm Holding founded in Izmir, Turkey, has been a pioneering force in manufacturing since its inception in 1973. Today, Norm and its partners are Proud to announce a milestone in its strategic expansion plans: the status quo of its first U. S. production facility for Norm Fasteners in Bath Township, Lansing, Michigan. This facility represents an important step forward in the company’s expansion trajectory and underscores its commitment to innovation. reliability and visitor satisfaction.
Norm Fasteners, a department of Norm Group, has established itself as a leading manufacturer of high-quality fasteners, serving industries such as automotive, construction, agriculture, etc. With an unwavering commitment to excellence, Norm Fasteners has earned an outstanding reputation as an International Trusted Spouse in the fastener industry.
In 2018, Norm Fasteners began a transformation phase by building a warehouse and sales workplace in Lansing, Michigan. This strategic resolution laid the groundwork for the company’s ambitious long-term vision: to build a large-scale fastener production facility in the United States. Working intensively with Lansing Economic Area Partnership (LEAP) and Dymaxion, the project’s development partner, Norm Fasteners effectively learned this vision, marking a pivotal moment in its expansion story.
“Norm Fasteners Co. looks forward to collaborating with the Lansing Economic Area Partnership (LEAP), Michigan Economic Development Corporation (MEDC), local organizations, and Bath Township officials on our plans. We appreciate the opportunity to make our first investment in production doors from our home in Bath Charter Township, Michigan. We are grateful to see our goals identified and supported across local and state communities. We are committed to sustainability and eager to be a significant player in Michigan’s electric vehicle supply chain,” said Koray GÜRBÜZ, head of the U. S. business unit at Norm Fasteners Co.
“The Bath Borough Board of Directors has voted overwhelmingly to partner with Norm Fasteners to bring new jobs and opportunities to the citizens of Bath Borough. Those who live in Bath know best why a foreign company would choose our region. and the city to build its first production plant in the U. S. In the U. S. : great potential for progression, landscapes balanced with natural beauty, effective government facilities and infrastructure, and a strong sense of community. We welcome our new neighbors and thank LEAP and MEDC for their leadership and for delivering this. opportunity in Bath,” said Bath Charter Township Supervisor Ryan Fewins-Bliss.
“Our LEAP team worked on this task for about seven years with many local partners, to make sure we won the festival against several southern states and another country. Norm Fasteners is a vital partner in our electric vehicle supply chain. as we build the electric car and battery capital of North America. I must especially thank the amazing leadership of MEDC and Bath Township, as well as the many spouses along this journey, adding Lansing Schor Mayor, Lansing Community College, Capital Area Michigan Works. !, Michigan State University, and Dymaxion, Norm’s former spouse. said Bob Trezise, President and CEO of LEAP. “
“We are thrilled to welcome Norm Fasteners’ first production facility in Michigan as we continue to solidify our position as a leader in the mobility and electrification of the future,” said Quentin Messer, Jr. , CEO of MEDC and President and Chairman of the Board of Directors of the Michigan Strategic Fund. “We thank Governor Whitmer, legislators from both parties, the MSF Board of Directors, and our partners at LEAP and Bath Charter Township for the continuity of our systems that help make announcements like today’s. We will continue to work to win projects, invest in places and in our people, while encouraging corporations of all sizes to succeed in Michigan.
Dymaxion is expected to begin construction on the new 365,000-square-foot facility in spring 2024, with an expected touch-off date of fall 2025. Norm’s facility encompasses critical processes including annealing and heat treatment of raw fabrics, bloodless forging, secondary operations, as well as plating, coating, and careful sorting and packaging of the final product. This holistic technique is designed for the production and delivery of premium fasteners that consistently meet the strict quality criteria set forth through Norm Fasteners.
Norm Fasteners’ commitment to the Lansing region extends beyond its manufacturing capabilities. The facility represents a substantial $77 million investment over the next three years in Bath Township, fostering economic growth and creating 200 new jobs for the local community. The average hourly wage of $31.40, coupled with comprehensive benefits, reflects Norm Fasteners’ dedication to providing stable and rewarding employment opportunities.
“We are excited about this first step toward achieving Norm manufacturing in the U. S. U. S. Having known Norm’s leadership for 20 years, we are pleased that they have achieved their business goals while also bringing a guilty and reputable company to the region we call home,” said Jeff Deehan. , Director of Development Dymaxion.
In addition, Norm Group’s expansion announcement aligns perfectly with our overall vision of driving supplier diversification for the Lansing region and Michigan’s position as a hub for the long-term electric car (EV). Positioned at the forefront of the changing automotive landscape, Norm Fasteners is committed to driving innovation and expansion in Central Michigan, solidifying our commitment to shaping the long-term industry.
“We are delighted to announce that Norm Fasteners has chosen the Borough of Bath as the cornerstone of its expansion into the US. “We are not in the U. S. ,” said John Fuentes, Clinton County Administrator/Comptroller. “This strategic move demonstrates Clinton County’s attractiveness for new business investment and will make a particular contribution to the economic progress and prosperity of our county’s network.
Learn more about the company at normfasteners.com/en/
Attachment
Representation of American Standard Fasteners