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CeramTec North America Signs Strategic Contract
CeramTec North America Corporation, a major supplier of Advanced Technical Ceramics and leader in Hermetic products, announced the signing of a strategic contract with a US based Company to supply key technical ceramics for manufacturing petro-chemical derivatives.
The multimillion dollar manufacturing agreement covers a period of ten years with the possibility of future extensions. The initial phase, known as the 3-C project begins immediately, and targets a manufacturing start-up slated for mid-2009. "This is a significant business venture for CTNA, underscoring our commitment to growth and continuous drive for customer satisfaction and business diversification. The added sales will solidify an already expanding ceramic business for the Laurens facility. Additional resources will be added in the coming months to fulfill the new requirements," commented Michael Mueller, President of CTNA.
CeramTec (www2.ceramtec.com) is a wholly owned subsidiary of CeramTec AG and a leading manufacturer of high-tech, custom-engineered ceramic solutions, including hermetic components with the Ceramaseal trademark. CeramTec products serve a wide variety of applications, including automotive, military/aerospace, electronic and electrical, structural, hermetic, functional, and mechanical industries around the globe.
This project along with the expansion and upgrade of existing manufacturing processes will involve a $23 million investment and the creation of at least 30 new jobs at the CeramTec North America’s Laurens facility.
"Existing industry is the key for a healthy county and it’s very exciting to see one of Laurens County’s expanding. The CeramTec announcement is yet another high technology announcement for Laurens County." – Marvin Moss, Executive Director, Laurens County Development Corporation
"The CeramTec announcement is just another great example of the great things that are taking place in Laurens County. We are grateful for CeramTec’s investment in our County and we are looking forward their impact in the community." – Jim Coleman, Chairman Laurens County Council
