# Loc Performance to invest $5M in facilities for new contract

As a result of the U.S. Army contract, Loc Performance will invest an additional $5 million into its facilities, including 11 new machine tools, two robotic assembly lines, and automated inspection, creating 40 new jobs.

- Type: Investment
- Announced: 2020-01-28
- Where: Texas and Michigan, United States
- Value: $5.00M
- Jobs: 40
- Status: announced
- Products: machine tools, robotic assembly lines, automated inspection
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Loc Performance](https://endata.com/companies/44836.md)

## Sources

- [einpresswire.com](https://www.einpresswire.com/article/508284601/loc-performance-has-been-awarded-a-41-4-million-prime-contract-award-for-track-with-the-u-s-army), 2020-01-28: "As a direct result of this award, Loc will invest an additional $5 million into its facilities."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.