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Loc Performance Products expands into Lansing market via acquisition

PLYMOUTH, Mich., July 12, 2018 /PRNewswire/ -- Loc Performance Products, Inc. is expanding into the Lansing market, creating new jobs and enhancing manufacturing capabilities to its customers in the defense and industrial markets.

Loc's acquisition of Demmer Corporation operations at 1600 N. Larch St. in Lansing, Mich. is expected to generate a total capital investment of $96.5 million and create 700 jobs, resulting in a $7 million Michigan Business Development Program performance-based grant by the Michigan Strategic Fund.

Approximately 500 of the 700 jobs will be created in the Lansing area and 200 in Plymouth, where Loc is headquartered. The firm acquired the Demmer site in July 2017.

"Immediate job openings are available for machinists, metal fabrication, welding, assembly, design and quality engineering, quality management, program and supply chain management," said Lou Burr, CEO of Loc Performance Products. "While pay for those jobs varies, people who take part in Loc's apprenticeship program can earn about $25 per hour after three years," he added. 

The Lansing area's strong skilled manufacturing workforce is part of what drew the company to the city. The company selected Michigan over competing sites in Ohio and Pennsylvania. 

The Lansing Economic Area Partnership plans to sponsor a job fair to assist in attracting talent for the new positions. Individuals interested in careers with Loc should visit: https://locperformance.com/#starttheconversation.

Loc Performance Products is Michigan's premier full-service manufacturer of large CNC machined components, fabricated structures, and assemblies for military and industrial applications. With proven capabilities in product design and development through production, Loc offers comprehensive solutions and exceptional customer service to produce the highest quality products at competitive pricing. Learn more at www.locperformance.com.

Media contact: Tom Lietz, MessageMakers, 517-482-3333 ext. 101

 

Cision View original content with multimedia:http://www.prnewswire.com/news-releases/loc-performance-products-expands-into-lansing-market-via-acquisition-300679764.html

SOURCE Loc Performance Products, Inc.





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