A Grand Rapids manufacturer invests $1.8 million in one new machine that will launch the company on a diversification quest that includes new industries, new markets, and new profits.
According to excerpts from the story:
Fred Mellema started working in his dad's coating business when he was 10 years old. The plant Mellema's own 10-year-old son began working in a couple weeks ago is a very different place.
The company, founded in 1964, just invested $1.8 million in a sizable new machine, made by Thiereca Inc. in Grand Rapids, that will allow the coater to complete a substantial project for Caterpillar, launching it into industries beyond automotive, says Victor Stacey, sales and marketing manager.
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