MacLean-Fogg Component Solutions Announces Metform's October 24th Groundbreaking Ceremony

MUNDELEIN, Ill., Oct. 19, 2012 /PRNewswire/ -- Duncan MacLean, President of MacLean-Fogg Component Solutions (MFCS), announces the October 24^th groundbreaking ceremony for Metform's new 92,000 square foot machined component facility in Savanna, Illinois. According to Mr. MacLean, "This $30 million investment will create more than 50 new jobs within the next two years while strengthening Metform's position in the driveline component forging and machining market."

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Invited guests include local officials and business leaders, Congressman Bobby Schilling and Congressman Aaron Schock. Corporate executives and management from the MacLean-Fogg Company, MacLean-Fogg Component Solutions and Metform will be available to welcome guests and meet with the press. Mr. MacLean added, "We are proud to be a part of Savanna and its surrounding communities and we are very excited about the innovation and progress this groundbreaking represents."

The new MFCS state-of-the-art machining factory will be constructed adjacent to the existing Metform hot forming plant on Route 84 in Savanna.  Operations are expected to begin in the first quarter of 2013. "Our entire organization is energized by this business and facility expansion," said Metform Vice President and General Manager, Matthias Praus.  "It is positive for the Savanna community and it is very exciting for our business since this new facility will house MacLean-Fogg Component Solutions' new ZF/Chrysler Transmission Gear Blank Program."

Metform has three Illinois locations:  two in Savanna and one in Mt. Carroll. With 10 Hatebur hot forging presses, Metform is one of North America's leading horizontal hot forging companies.  Metform is a supplier to the automotive, heavy duty, agriculture, and industrial markets.  Metform's well-known product brands in the heavy-truck industry include Securex and Axilok truck fasteners.  Engineered components include gear blanks, bearing races, industrial hot-formed components and wind power components.  Linkage and suspension components include suspension ball joint housings. Industrial products include fluid couplings, structural fasteners and fastening systems for the railroad and mining industries.

MacLean-Fogg Component Solutions is a division of the MacLean-Fogg Company and supplies fastener components, engineered components, and linkage and suspension components to a wide-range of industries.  MacLean-Fogg Company is a global enterprise with 26 North American manufacturing facilities, 11 international facilities, annual sales of $900+ million, and a worldwide workforce of more than 3,000 people.  The MacLean-Fogg Company provides engineered metal and plastic components to the industrial, automotive, military and aerospace markets, and unique devices used in the transmission and distribution of electrical power.

For more information, visit us at www.macleanfoggcs.com or contact Bradley Southwood, 248-853-2525, or [email protected]

SOURCE MacLean-Fogg Component Solutions