Auto "V" Grooving Inc., a world leader in the manufacture of high-precision fabrication machinery, on January 16 announced its plan to open at least 12 new facilities over the next 36 months.
Auto "V" initially plans to open 12 strategically placed fabrication business units (FBU) in the next 36 months. These FBUs will serve the wood, solid surface and stone fabricating industries in each region in which they operate.
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We are establishing these FBUs with two goals in mind. First, we want to have a positive impact on the economic development of the areas we operate facilities in. Second, we want to provide the industries we serve with multiple options to increase their productivity through the use of our machinery. Those options include traditional purchase as well as three new programs: fabricating contract piece work at the FBU, an innovative lease program and simple rental program,” said Steven Brown, chief executive officer of Auto "V."The company is already well advanced into the process of evaluating potential markets for each FBU.