NanoMech will triple its operations with the addition of a 25,000-square-foot building and the purchase of a its current factory at the Springdale Technology Park, according to a news release from the Springdale Chamber of Commerce. The facility will also serve as the company's headquarters.
The expansion will add 25 to 50 jobs for scientists and support staff.
"The space will also allow us to meet current demand for our products while advancing ongoing research and development efforts," NanoMech CEO Jim Phillips said in the news release. "This state-of-the-art, smart manufacturing facility and laboratories will further position our products and scientists as some of the best and most innovative in the world."
The facility will include laboratories and assembly lines, along with security, environmental and safety systems for advanced manufacturing and military projects, according to the news release.