Troutman, North Carolina – C.R. Onsrud is breaking ground on an additional 55,000ft2 expansion to its manufacturing facility in Troutman, North Carolina. This $8 million investment in plant and equipment will facilitate the Onsrud family’s growing needs as a machine tool builder.
The new building will expand the company's capabilities while reducing costs, increasing quality by providing full control of the manufacturing process in-house.
“Yes, U.S. manufacturing is alive and well,” says Jeff Onsrud, the company's vice president. “C.R. Onsrud is investing in the future.”
C.R. Onsrud has achieved more than 25% growth compared to its best sales year. "Your vote of confidence, along with a strong economic forecast, reinforce the Onsrud family's commitment to reinvest and grow our footprint within the industry," Onsrud added.
Source: C.R. Onsrud
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