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- Keel Holdings Expands Facilities with $34.5M Investment
Keel Holdings Expands Facilities with $34.5M Investment
Slice of Manufacturing Team
November 11, 2024
Key Highlights:
$34.5 million investment in Alma and Merrill, Michigan facilities.
New machinery and technology include Ursviken 4,400-ton press brake and high-speed 5-axis machining centers.
Merrill Institute offers hands-on welding training and CNC apprenticeship for workforce development.
Source: Business Wire
Notable Quotes:
“Our Alma facility has long been at the forefront of welding innovation. These new additions allow us to increase our throughput and continue delivering the high-quality products our customers expect.”
“This additional space and new machinery not only boost our capacity but also diversifies the types of projects we can take on. It’s a pivotal step forward for our team and our customers.”
"We believe in empowering our team members through continuous professional development, equipping them with the tools and opportunities necessary to reach their full potential."
Our Take:
Keel Holdings' $34.5 million investment reflects a strategic commitment to enhancing its manufacturing capabilities and workforce development. By equipping its Alma and Merrill facilities with advanced machinery like the Ursviken 4,400-ton press brake and FPT Dinomax centers, Keel positions itself for growth in handling complex projects with higher precision. The expansion of the Merrill facility and emphasis on skill-building through the Merrill Institute and CNC training program underscore Keel’s dedication to sustaining leadership in the defense and manufacturing sectors.