State and local leaders were on hand today to help NanoMech break ground on a 25,000-square-foot expansion that will ultimately lead to new jobs in Northwest Arkansas.
Grant Tennille, executive director of the Arkansas Economic Development Commission, joined Springdale Mayor Doug Sprouse, NanoMech CEO Jim Phillips and NanoMech Founder Ajay Malshe at today’s ceremony.
NanoMech, a leading nano science innovator, recently purchased property from the Springdale Public Facility Board for the expansion project and the company's new headquarters. The expansion will triple the size of the operation. It’s located in the Springdale Technology Park.
"NanoMech is a global nanomanufacturing company founded right here in Northwest Arkansas," Phillips said. "The space will allow us to meet current demand for our products while advancing ongoing research and development efforts. 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."
The new factory will incorporate cutting edge assembly lines, laboratories, and the latest in security, environmental, and safety systems for handling advanced manufacturing, military, and strategic projects.
"This advanced facility will allow us to accelerate the development and commercialization of innovative products that people have only dreamed of before," Malshe said. "Aggressive demand for our technology suggests the need for rapid scale-up production to meet government and private sector orders for our breakthrough products."
NanoMech, founded in 2002, is the result of a successful partnership between the private sector, the Springdale Chamber of Commerce, the state, the University of Arkansas, and the federal government. State and city officials worked alongside company leaders to make the company's new global campus into a reality.
"This expansion signifies to the industry that NanoMech is one of the world's leading companies and we believe they will continue to create important, knowledge-based jobs and attract the best scientists from the international stage," Tennille said.