PGM wins fourth contract for APKWS missile production
PGM was awarded its fourth contract for APKWS missile
production. PGM began in 2010 manufacturing
several highly precision components that are critical to the function of the
missile. This order of 2200 assemblies will
last for 1.5 years and will continue to keep 4 to 5 machines and 3-5 people working.
Due to the success
and low cost of the weapon system, PGM and its customer expect this to grow
over the next several years. PGM has
added an additional 20,000 sq. /ft. to its building to accommodate future grow
of this program and other customer programs.
extremely difficult assemblies and components for all of its customers,
requiring us to invest each and every year in our people and equipment. PGM capital budget averages a million dollars
per year in state of the art equipment.
PGM continues to
manufacture extremely difficult components and assemblies for all of its
customers. “This is our focus and we are really good at it” Todd Hockenberger,
VP of PGM. “We have the best people and equipment at PGM. Now with our
additional floor space we will continue to grow our business”.
In January 2015,
PGM plans to open its new 20,000 square foot addition.