Due to significant increased global and domestic demand for its products, FIBA Technologies Inc. has announced expansion of its Millbury production facilities to increase production capacity for seamless steel pressure vessels. FIBA is also taking steps to improve the flow of the manufacturing processes to streamline operations so efficiency is improved and lead times are reduced.
FIBA has expanded its manufacturing operations to occupy an additional building on adjacent property. Furthermore, groundbreaking for an addition to its pressure vessel manufacturing facility is planned for early in spring 2008. The company has also secured property adjoining this facility to accommodate the storage of raw pipe materials to meet increased production output. Additionally, FIBA has expanded some production operations to three shifts.