by Mark Carter
Posted 3/31/2014 09:00 am
Updated 5 months ago
NanoMech will break ground Monday afternoon on its 25,000-SF corporate headquarters in Springdale.
The new building, expected to be complete by September, will adjoin the company's existing facility on an expanded 9-acre corporate campus at 2447 Technology Way in Springdale. An initial production facility will be ready by July, the company said.
The company scheduled a groundbreaking ceremony for 2 p.m. The $10 million project is expected to add 25 to 50 jobs. Project architect is Fayetteville's Miller Boskus Lack Architects and the contractor is Kinco Constructors of Little Rock.
In addition to its Springdale headquarters, NanoMech has offices on the campus of the University of Arkansas Research & Technology Park in Fayetteville, and in Dallas, Houston and Detroit.
When announcing the expansion in January, the company said the new facility will incorporate "cutting edge assembly lines, laboratories, and the latest in security, environmental, and safety systems for handling advanced manufacturing, military, and strategic projects," and will include a secure wall and security fencing enclosing the campus.
NanoMech, recognized last year with a prestigious R&D 100 award, manufactures nanomaterials-based products such as nGlide, used for machine lubrication, and TuffTek, a coating used for heavy-duty cutting tools.
"The new factory and expanded headquarters will also allow us to meet current demand for our products while advancing ongoing research and development efforts," said NanoMech CEO Jim Phillips in a news release. "This state-of-the-art, smart manufacturing facility and laboratories will further position our products and scientists as some of the best and most innovative in the world."
Ajay Malshe, a UA researcher and NanoMech's founder and CTO, said the new facility will enable the company to accelerate commercialization of new products.
"Aggressive demand for our technology suggests the need for rapid scale-up production to meet government and private sector orders for our breakthrough products," he said.