NanoMech to Expand with Land, Global Campus in Springdale
Springdale-based NanoMech Inc. announced Wednesday the $1 million purchase of its existing 8,300-SF factory at the Springdale Technology Park and the construction of an adjoining 25,000-SF facility, a move that will triple the company’s current operations and serve as world headquarters for the manufacturer of nano coatings and lubricants.
Nanomech also announced that the expansion will produce as many as 50 new jobs for scientists and support staff.
“This advanced facility will allow us to accelerate the development and commercialization of innovative products that people have only dreamed of before,” said Dr. Ajay P. Malshe, NanoMech founder and CTO. “Aggressive demand for our technology suggests the need for rapid scale-up production to meet government and private sector orders for our breakthrough products.”
The new factory will incorporate cutting edge assembly lines, laboratories, and the latest in security, environmental and safety systems for handling advance manufacturing, military and strategic projects, according to a press release issued by NanoMech.
A secure wall and security fencing will enclose the campus. While the new facility will connect to the existing building, the company has also purchased the adjacent 7.3-acre tract for future development, giving the company the ability to expand on a contiguous 9 acre campus.
Miller Boskus Lack Architects of Fayetteville designed the new headquarters and construction is expected to begin soon. The new factory is expected to be fully operational by this summer, according to the press release issued by NanoMech.
Founded in 2002, NanoMech creates advanced engineering materials through patent and patent-pending nano-engineered and nano-manufactured product development.