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.
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."