America Metal & Technology Inc. Plans To Expand

American Metal & Technology Inc., a manufacturer of high precision casting and machined products, announced its plans to build additional facilities at its Lang Fang manufacturing center. This expansion will increase by 50 percent the annual capacity for casting products from 2,400 tons to 3,600, and enhance the capabilities for the development and manufacturing of circuit board solutions.

The company will invest $3 million in the new development and will include two buildings totaling 10,900 square meters. The first structure will be a 6,600 square meter factory building that will entail a 4,500 square meter metal casting shop, a 1,000 square meter electronic shop, a 500 square meter mould shop, and a 600 square meter inventory and assorted sets shop.

The second building will be a 4,300 square meter staff dormitory that will accommodate 600 staff members. All AMGY manufacturing facilities are ISO 9001 certified. The Company anticipates construction, equipment installation, staff training and trial production to be finished in December of 2008 with full production starting in January 2009. This expansion will make American Metal & Technology the first company in China to have its mould design, precision casting and machining facility all in one factory, according to the company.

This expansion represents the completion of the 2nd phase of construction on the 30,291 square meters of land in Lang Fang, China that the company purchased the rights to use in 2004. In 2005 the company completed construction of the initial 5,000 square meter production facility that houses machining equipment with output capability for 1,000,000 parts per month.

"We pride ourselves on understanding the key trends in the industry and then making strategic moves to stay at the forefront,” says Chen Gao, president and CEO. “The continued increase in demand, combined with these expansion plans are a big part of our strategy to integrate the efficiency and quality control measures that are so important in this business.”