Roscoe’s Forest City Gear plans to expand – 10/11/2012
Roscoe’s Forest City Gear plans to expand
Posted: Oct 11, 2012 5:53 PM CDT
By Hannah Welker
After more than 50 years of business, one of the world’s leading gear companies expands at its Roscoe headquarters.
Forest City Gear has seen a lot of success recently. The company contributed more than 75 gears to the most recent Mars rover, with executives and workers putting their company, and Roscoe, on the map. Now as they break ground to add space to their facility, they look to continue Forest City Gear’s out of this world winning streak.
“The true wealth of a nation is generated by being able to manufacture things that other people in the world would like to buy from you,” says Fred Young, the CEO of Forest City Gear.
This is exactly what Forest City Gear is known for. With nearly 400 customers already this year, many of them other gear companies, the Young family is thrilled to build on, and they may not be done.
“It’s an 8,500 square foot building,” says Wendy Young, President of Forest City Gears, commenting on the new building. “Probably back here we’re operating at in about less than 2,000 square feet. So we have room for another 10,000 square foot expansion sometime down the road. We have room for right now more machines and more people.”
The expansion won’t just affect Roscoe though. Forest City Gear is part of an international network, involving companies from Singapore to Australia.
“They want their gears quieter,” Fred Young says. “They want them to operate at high speeds. They want them smaller, and so that means more precision. And so we’ve tried to position ourselves to be able to supply that to people.”
The company hopes to open the newest building, which will be named Roscoe Works, in January.