Ice Industries Grenada’s Growth Highlighted in Newspaper Profile
GRENADA, Mississippi – September 12, 2014 – Ice Industries Grenada has been showcased in a recent Grenada Star feature: “Salute to Industry;” a periodic feature honoring area companies. Highlighted was the former Grenada Stamping’s continual growth and reinvestment since being acquired by Ice Industries in 2005, and the subsequent benefits for both customers and the community.
Amongst the highlights noted are:
- Growth from 100 employees to nearly 300.
- Regular, multi-million dollar reinvestments.
- Diversified and stable customer base.
- The feature in its entirety is reprinted below.
Ice Industries Grenada
Ice Industries Grenada (also known as Grenada Stamping) continues to take advantage of growth opportunities for their facility, more than doubling its employment in the past 10 years.
A manufacturing fixture in Grenada since 1961, the company has grown from about 100 employees in 2006 to 236 employees today. The company provides resistance and robotic welding, fabrication, stamping, powder coating, and light assembly for a variety of industries. The press line-up in their 340,000 square foot facility is one of the most diverse and capable stamping, welding, and assembly operations in the South.
To keep up with changing markets and to take advantage of their one-of-a-kind press, Ice Industries Grenada has prioritized investment in plant improvements, diversifying production capabilities, and employee support. Over the past three years, the company has invested more than $5 million in equipment purchases, upgrades, and retooling to handle continuing increased production demands. The company plans additional significant investment in 2014 to increase capacity in a project that will result in the creation of 50 new jobs.
According to Daryl Burcham, Plant Operations Manager, Ice Industries Grenada is seeing opportunities for growth and diversification. Burcham said, “Ice Industries operates with unparalleled customer-centric values and accepts nothing less than world class Safety, Quality and Delivery of its products to their customers”.
Ice Industries - Grenada supplies stamped metal parts and also assembles parts in the compressor, appliance, automotive, and solar panel markets. The company is both a Tier 1 and a Tier 2 supplier to the automotive industry, meaning that they supply automotive manufacturers directly as well as also providing parts to other companies that supply the automotive industry.
“Our diversified product mix enables us to have a key position in several markets,” Burcham said. Their product mix is about 25% automotive, 25% appliance, 25% solar/green energy products, 15% HVAC, and 10% heavy truck parts.
“We continue to find ways that our manufacturing process can add value to the basic production of parts for our customers,” Burcham said. “This allows us to continue to diversify and grow and strengthens our position in the marketplace.”
The company’s latest additions include: the stamping and assembly of a metal office chair components for a world class producer of office furniture, which has recognized Ice Industries with their “Premier Supplier” award; and bearing assemblies for a global leader in photovoltaic (PV) solar energy solutions.
About Ice Industries
Ice Industries, Inc. is a world-class supplier with a broad range of capabilities including: deep draw metal stamping; CNC machining; MIG, TIG, and resistance welding; assembly; rolled and welded pressure vessels, and powder coating. Customers are assured of both company stability and quality performance through a diversified customer base serving markets including appliance, automotive, commercial and heavy truck, computer and networking, defense, energy, filtration, fire & safety, furniture, healthcare, HVACR and off-highway vehicles. Facilities are distributed throughout the central manufacturing corridor, with locations in Cincinnati and Toledo, Ohio; Grenada, Mississippi; and Apodaca/Monterrey, Nuevo Leon, Mexico. A certified SDVOSB; Ice's production facilities are ISO 9001, ISO 14001, and TS 19649 certified. Ice works with companies that require the highest levels of quality and delivery, and those who are in need of localization or de-integration of their stamping operations. Further information can be obtained on the Ice website at www.iceindustries.com.