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Machine shop due to add 80 jobs
Local machine shop M&M Manufacturing Inc. is planning to add more than 80 jobs at its new location in northeast Tulsa, company officials said Wednesday.
The expansion will triple the company's work force to about 120 within a year and hopefully position M&M as a major aerospace supplier in the area, said Ken Statton, president and founder.
"We're trying to make a significant economic impact and be one of the bigger machine shops in Tulsa," he said.
The 8-year-old aerospace supplier will make an announcement about the expansion Thursday morning.
M&M recently signed a lease for a new 45,000-square-foot building on East Admiral Place to replace its old headquarters near 51st Street and Mingo Road.
The new headquarters and shop is about six times larger than the old one.
The company is spending about $145,000 on the move.
M&M primarily makes parts for aerospace suppliers such as Nordam Group and GE Aviation. It also makes some parts for the automotive, medical and oil industries.
Started by Statton in 2000, the company has operated as a small machining
shop in Tulsa for years, doing work for larger suppliers.
Statton said he hopes the new capacity and an upgraded certification makes M&M a major player in the local manufacturing sector.
The certification gives M&M the ability to sell parts directly to major manufacturers such as Boeing Co. and Spirit AeroSystems Inc.
"We're a small company that is trying really hard to bridge the gap and be a bigger player in Tulsa," Statton said.
He said M&M is hosting a job fair at its headquarters Friday and Saturday to find engineers, CNC machinists and other employees.
Entry-level jobs at the factory will start at about $13 an hour, and some of the new jobs will have top salaries of up to $60,000 a year, Statton said. All full-time jobs at the company include medical benefits and retirement plans.
Tulsa Metro Chamber of Commerce CEO Mike Neal said the expansion was a sign of the area's strong economy.
"Tulsa's optimism and economic diversity is the silver lining in our current economy," he said.
http://www.tulsaworld.com/business/article.aspx
The expansion will triple the company's work force to about 120 within a year and hopefully position M&M as a major aerospace supplier in the area, said Ken Statton, president and founder.
"We're trying to make a significant economic impact and be one of the bigger machine shops in Tulsa," he said.
The 8-year-old aerospace supplier will make an announcement about the expansion Thursday morning.
M&M recently signed a lease for a new 45,000-square-foot building on East Admiral Place to replace its old headquarters near 51st Street and Mingo Road.
The new headquarters and shop is about six times larger than the old one.
The company is spending about $145,000 on the move.
M&M primarily makes parts for aerospace suppliers such as Nordam Group and GE Aviation. It also makes some parts for the automotive, medical and oil industries.
Started by Statton in 2000, the company has operated as a small machining
shop in Tulsa for years, doing work for larger suppliers.
Statton said he hopes the new capacity and an upgraded certification makes M&M a major player in the local manufacturing sector.
The certification gives M&M the ability to sell parts directly to major manufacturers such as Boeing Co. and Spirit AeroSystems Inc.
"We're a small company that is trying really hard to bridge the gap and be a bigger player in Tulsa," Statton said.
He said M&M is hosting a job fair at its headquarters Friday and Saturday to find engineers, CNC machinists and other employees.
Entry-level jobs at the factory will start at about $13 an hour, and some of the new jobs will have top salaries of up to $60,000 a year, Statton said. All full-time jobs at the company include medical benefits and retirement plans.
Tulsa Metro Chamber of Commerce CEO Mike Neal said the expansion was a sign of the area's strong economy.
"Tulsa's optimism and economic diversity is the silver lining in our current economy," he said.
http://www.tulsaworld.com/business/article.aspx
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