TROY — F & P America Manufacturing Inc. turned on the new stamping presses Wednesday before the company’s associates, community leaders and executives from the United States and Japan.
Human Resources Administrator for F & P America Jason Taylor said the addition of the stamping presses would help the company keep up with demand without pulling associates any more than they have been recently.
“Our stamping department had been working seven days a week for the last few months to meet the demands for parts to be welded,” he said. “The presses will help speed up the process.”
F&P America Mfg. Inc. was established in 1993 in Troy. Initially, the company served as only a distribution and assembly facility. In 1994, it began mass production of parts for Honda, expanding into welding and painting. In 1996 and 2001, F & P America doubled its building capacity and added sttamping and hydroforming manufacturing capabilities.
Today, after 20 years in operation, F & P America has approximately 1,000 associates working to serve such clients as Honda, Toyota and General Motors.
At the dedication, F & P America Executive Vice President David Harrison shared the planning of the project started three years ago, and the major drivers for this project was twofold.
“Due to the extreme pressures, we had to have the technology to use thinner and stronger materials to support our customer,” he said. “Second, we acquired new customers (Honda and General Motors) and needed the capacity to support our growing business.”
The corporation decided to expand the building by 50,000 square feet and install two new presses, one from AIDA and the other from Komatsu. Harrison said the technology behind the presses allows F & P to adjust the stroke, speed and timing.
“That will allow us to form thinner, stronger materials, which we cannot do with a conventional press,” he said. “This will help our customers by reducing weight for future vehicle designs.”
He added the total investment for this project was $30 million, which made him look forward to commissioning the presses to start making money.
City of Troy Mayor Mike Beamish praised the addition of the new presses and shared F & P is now the leading employer in Troy.
F.Tech’s new president, Yuichi Fukada, spoke of how over F & P America’s 22-year history, the company has strove to continue growing business. He praised the managers of the past 22 years for bringing F & P to where it is and asked the current managers and those involved to imagine and work for the next 20 years, to focus on the ways F & P can evolve for the better.
“The history of F-tech consists of the history of challenge,” he said. “The spirit of challenge has not changed, and it will never disappear. I believe that F & P America inherits this spirit of challenge and F & P America must continue to challenge and move forward toward the future.”