M&J Precision Machining and Fabricating in Decatur, Alabama, will launch its own metal finishing division, Precision Technical Finishing.
M&J Precision services customers throughout the U.S. in the space, aerospace, military, and defense sectors. The company says Precision Technical is a $4.15 million investment in equipment and will hire 40 employees over the next three years. The average annual salary will be $53,100, not including benefits.
According to the Decatur Dailey newspaper, “Attorney Barney Lovelace told the Decatur Industrial Development Board this week that the new M&J-affiliated company plans to lease 417 Ipsco Street N.W., located in Decatur's police jurisdiction, from CSI Property Management.”
The Precision Technical Finishing division will offer anodizing, chem film, paint and powder finishing, passivation, black oxide coating, abrasive cleaning, ultrasonic, and non-destructive testing.
The Decatur Dailey says they plan to begin the project on Sept. 1 and finish by November 1.
Matt Moreland, M&J’s chief operation officer, said the company's machine shop "has been an awesome success for us" since opening in 2017. Alabama rocket builder United Launch Alliance honored M&J with a 2020 Small Business Excellence award for their support of the Vulcan Centaur program.
The Decatur Dailey reports, "M&J has been a regular visitor to the IDB meetings in the last four years. In February, company officials reported M&J's facilities grew from 15,200 to 71,868 square feet in the last two years, with the number of employees increasing from 63 to 102.”
The newspaper says that Carlton Guyse, president of Guyse Industries—M&J's parent company—said they expect to grow to about 140 employees by 2025 and expand to about 84,618 square feet.
Moreland told the Decatur Dailey, "the goal is to vertically integrate operations and improve quality. He said they're having many problems that require too much reworking when their work is packaged and delivered, ‘so we're going to eliminate all of that’ by handling it in-house.
He said 85% of Precision's work will be aerospace, with the remaining 15% industrial.
"We'll service our company and other companies," Moreland told the newspaper. "We've got a lot of interest from OEMs (original equipment manufacturers) and people who know what we're doing."
IDB approved Precision's request for $210,000 in tax abatements. These include $11,700 a year over a 10-year period in property taxes, $31,000 in city sales and use taxes, and $62,000 in state sales and use taxes.
