RICHMOND, Va., Aug. 23, 2017 /PRNewswire/ -- Kosmo Machine Inc., a full-service, high-tech precision machine shop in Henrico County, VA, will invest $1 million in new equipment to increase its production capacity to manufacture precision components for a variety of industries including electric power generation, chemical and fibers, electric motor components, and shipbuilding. This investment will, in turn, expand its workforce by 36 new jobs.
Founded in 1976, Kosmo Machine has grown its business footprint into a 62,000 square foot climate-controlled facility where it specializes in computer numerical control milling and turning, electrical discharge machining, and custom welding processes, as well as ISO 9001:2015 certified Quality Management System.
Significant to Kosmo Machine's company growth is this year's AS9100-D Aerospace and Defense quality system certification, gaining entrance into the aerospace industry manufacturing sector. "Expanding into these highly specialized markets makes for exciting times as we build our workforce," said Kosmo Machine Vice President of Sales and Marketing Patrick Smook. "We recognize that this high-tech, leading edge manufacturing sector will distinguish our firm and be a win/win for our employees, Kosmo Machine, and the Commonwealth of Virginia."
This investment announcement earned Kosmo Machine recognition from Virginia Governor Terry McAuliffe. "I am pleased to announce they will continue to invest and grow their workforce here in the Commonwealth," said Governor McAuliffe. "Providing training assistance to ensure a skilled pipeline of talent is critical to building the new Virginia economy ... " The announcement strengthens Kosmo Machine Inc.'s contribution to the growing manufacturing industry of Virginia. This industry is a critical sector of the Virginia economy, and Virginia Secretary of Commerce and Trade Todd Haymore adds, "The manufacturing industry is booming in Virginia, employing over 240,000 workers and adding more than $110 billion to our economy annually. Kosmo Machine is a great small business success story for … the Commonwealth and we congratulate the company on this expansion."
The announcement of the new AS9100-D Aerospace and Defense quality system certification not only signifies growth into new areas of precision manufacturing but also in employment opportunities. "Kosmo Machine's decision to invest in and expand its Henrico operation will provide skilled manufacturing jobs, diversify our job base, and promote economic growth in our region," said Virginia Senator Jennifer McClellan.
(VIEW the full release from Virginia Governor McAuliffe's Office)
Kosmo Machine looks to expand its highly skilled and trained workforce while still maintaining its certified quality management system, providing superior customer service and delivering quality products at a fair price. With a documented 99% customer acceptance rate since 2003, this expansion will allow Kosmo Machine Inc. to maintain that figure while increasing productivity and efficiency for its growing customer base.
More on the company can be found on the web at www.kosmomachine.com.
Contact: Patrick Smook
Phone: (804) 326-6825
SOURCE Kosmo Machine Inc.