News and Press Releases
Multi-Million Dollar Investment in Michigan Manufacturing Facility to Sustain Growth in 2024
Monroe, Michigan - January 15th 2024
FEDCO, a globally recognized leader in desalination technology, has announced a multi-million-dollar investment to increase its manufacturing capacity in Monroe, Michigan.
This investment is part of a long-term strategy to grow sustainably while keeping research, manufacturing, and commercial operations under one roof to maintain the company’s commitments to its customers, the environment, and the local community.
FEDCO's manufacturing facility and headquarters in Monroe, Michigan.
This investment follows rapid growth in 2023, during which time FEDCO saw record revenues and booked orders, expanded its workforce by 20%, and expanded its R&D capabilities to develop new desalination technologies. FEDCO also established a subsidiary company in Dubai, UAE, to better serve its customers in the Middle East and Asia.
FEDCO’s founder and CEO, Eli Oklejas, commented, “Our dedication to the environment is not just about the products we create but also how we create them. By keeping our operations in-house and investing in our people, we ensure that every stage of production meets the highest standards, both in quality of production and environmental responsibility. This approach reflects our commitment to the environment, our community, and to delivering quality without compromise.”
FEDCO’s VP of Operations, Greg Thomas, said, “We are making major investments in people and technology to meet the rapidly growing global demand for water. 6 new state-of-the-art CNC machines will be commissioned in Q1 2024, doubling production capacity on core products. Our growing talented staff will leverage the new CNC equipment to not only increase production, and productivity, reducing cost and keeping FEDCO products competitive in a global market."
FEDCO has several open vacancies to join its manufacturing team in Monroe, Michigan, and is looking to hire across all departments at its Monroe headquarters, as well as in its sales and field service teams worldwide. To find out more about open positions at FEDCO, visit our careers page. FEDCO is an equal opportunity employer and welcomes speculative resumes from both experienced applicants and those looking to expand their skills.
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