Due to significant increased global and domestic demand for its products, FIBA Technologies Inc. has announced expansion of its Millbury production facilities to increase production capacity for seamless steel pressure vessels, while also taking steps to improve the flow of manufacturing processes and streamline operations.
FIBA has expanded its manufacturing operations to occupy an additional building on adjacent property, with a further, ground-breaking addition to its existing pressure vessel manufacturing facility also planned for early this spring. The company also notes that it has secured property adjoining this facility, to accommodate the storage of raw pipe materials to meet the increased production output.
As part of this planned growth, the Principles of Lean Manufacturing, which are taught to all FIBA employees, have been implemented and resulted in a reduction of waste and costs. Consequently, efficiency is improved, lead times are reduced and an increase in output and productivity is reported.
FIBA believes that the future looks very promising indeed, as it works diligently to meet the growing demands of its US and international customers, through capacity and product line expansion and process improvements.
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