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Phygen investing $3.6 million in facility

By Tim Wright | February 24, 2009

Phygen investing $3.6 million in facility

Phygen Coatings Inc., a Minneapolis-based advanced manufacturing, advanced materials and nanotechnology company, will expand U.S. operations by establishing a facility in Springfield, OH. The company develops and manufactures coatings for tools and metal component parts. The coatings, which are applied through a patented physical vapor deposition application process, reduce friction, improve wear and increase productivity. Phygen will invest approximately $3.6 million in site acquisition, building rehabilitation and remodeling and equipment.

Source: Springfield News-Sun

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