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Loc Performance plans to open another manufacturing facility later in 2020, either in Texas or Michigan, as part of its ongoing expansion from 240,000 to 940,000 square feet.
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.
Loc Performance received a $41.4 million prime contract from the U.S. Army for track systems supporting Bradley, PIM, and AMPV armored vehicles, with an option for an additional $85 million. The work will be performed in Texas and Michigan facilities.
| Site | Largest | Latest |
|---|---|---|
| Texas and Michigan, United States | $5.00M | 2020-01-28 |
| Texas or Michigan, United States | 2020-01-28 |