In conjunction with the Economic Development Coalition for Asheville-Buncombe County (EDC), Tutco-Farnam today announced the expansion of its manufacturing facility in Arden with a $2.5 million investment in facilities and equipment, which will accommodate the addition of 90 new positions in engineering, production and operations.
Founded in Buncombe County in 1982 as Farnam Custom Products, the company currently employs approximately 50 individuals at its Arden manufacturing facility. Tutco-Farnam is owned by Smiths Industries, which has a worldwide presence of over 23,000 employees.
Tutco is the world’s largest producer of open heating elements, holding 80% of the patents in open coil heating technology. Farnam Custom Products, an ISO 9001 certified manufacturer, specializes in the design and manufacture of custom heating solutions for a broad range of industry applications. Its design and development capability sets it apart from competitors and has secured steady growth for several years.
“Farnam Custom Products is just a great company. They engineer unique solutions for industry and then build the product right here. I am so proud to see this facility expand and create new jobs for the citizens of Buncombe County,” said David Gantt, Chairman of the Buncombe County Board of Commissioners.
Asheville Mayor Terry Bellamy noted, “It is a true pleasure to celebrate the expansion of Farnam Custom Products in our community. This company was born and raised here; these employees are our neighbors and friends. We are delighted with their continued commitment to Asheville.”
“Tutco-Farnam’s growth of its business is impressive; they are clearly executing very well on behalf of their customers. This is another great example of our community’s strength in advanced manufacturing and the tremendous opportunities in this sector.” said EDC Chairman Paul Szurek.
For more information on Tutco-Farnam and employment opportunities, please visit http://www.farnam-custom.com.