# Industrial Manufacturing Specialties plans $2.68M expansion in Priceville, Alabama

Industrial Manufacturing Specialties Inc., a manufacturer of precision aerospace components for space launch vehicles, plans a $2.68 million expansion of its facility on Alabama 67 near Priceville, including new CNC equipment, to increase production by about 30% and add three jobs.

- Type: Expansion
- Announced: 2024-03-27
- Where: Priceville, Alabama, United States
- Value: $2.68M
- Jobs: 3
- Status: announced
- Capacity: 30% production increase
- Products: structural components for space launch vehicles
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Industrial Manufacturing Specialties Inc.](https://endata.com/companies/76468.md)

## Sources

- [decaturdaily.com](https://www.decaturdaily.com/business/priceville-area-company-that-makes-space-launch-components-expanding/article_038883e0-ebac-11ee-81a5-ebc715f11b26.html), 2024-03-27: "IMS is planning the $2.68 million capital investment to expand the facility and to purchase more computer numerical control (CNC) equipment."

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