GOOD NEWS FOR LOCAL COMPANY
Wednesday, February 17th, 2010 -- 12:15 PM
Some potentially good news for the local economy today as OEM Fabricators has announced a major collaboration with Nordco, a rail equipment manufacturer and railroad services company based in Oak Creek.OEM is based in Woodville with a location here in Neillsville.
According to a joint press release, the two companies have reached a multi-year agreement to collaborate on component manufacturing, engineering, and supply chain optimization.
The multi-year agreement is estimated to have a value in excess of $25-million. Estimates of cost reductions as a result of the relationship exceed four million dollars.
Feel free to contact us with questions and/or comments.