NanoMech Inc. is expanding its storage and distribution capacity by leasing 12,000 square feet of additional warehouse and office space near its headquarters in the Springdale Technology Park.
The company cites continued increasing demand for its products as reason for the needed additional warehouse capacity for shipping and logistics.
NanoMech has grown its lubricants and cutting tools divisions substantially over the last two years, completing a manufacturing and office expansion just eight months ago. NanoMech expects continued high growth and additional expansion in the coming months, not only in these divisions, but in its GuardX division as well.
“We are pleased to announce the addition of this facility for shipping and receiving logistics, signifying the rapid expansion of our nGlide additive and TriboTuff lubricant business." The move is expected to be finalized by September 1, pending modifications to the facility,” said Eric Barnes, Senior VP Finance and Operations of NanoMech.
The company said every day it ships globally to Fortune 500 companies as well as to emerging companies that are using its products. NanoMech products are used in the following industries: aerospace manufacturing; energy manufacturing, exploration and service; automotive and trucking; electric vehicles (EV); Indy and NASCAR racing; agriculture and construction equipment manufacturers; refining and formulating lubrication manufacturers; textile manufacturers; and advanced military applications.