Released on February 5, 2008

Metalcaster and machinist American Metal & Technology Inc. (AMT), Los Angeles, recently announced plans to spend $3 million on additional facilities at its Langfang manufacturing center in China.

The expansion, which was announced a month after the company added 17 CNC machines to its Beijing plant, will increase the facility’s annual casting capacity from 2,400 to 3,600 tons and focus on its capabilities for the development and manufacturing of circuit board solutions.

AMT manufactures cast and machined products in China through several subsidiaries. The expansion represents the completion of the second phase of construction on 326,000 sq. ft. of land in Langfang that the company purchased in 2004. In 2005, it completed construction of the initial production facility, which houses its machining centers and maintains output capability of 1 million parts per month. The subsidiaries operate in a 53,819-sq.-ft. manufacturing plant. In 2006, the company expanded into the design and manufacture of electric circuit boards for home appliances and motion controllers.

The new development will include two buildings totaling more than 115,000 sq. ft. The first will be a 71,000-sq.-ft. factory with 48,400 sq. ft. of metalcasting space, not including mold and coremaking. The second building will be a staff dormitory that will accommodate 600 staff members.

The company anticipates construction, equipment installation, staff training and trial production to be finished in December 2008, with full production starting in January 2009. The expansion will make AMT the first company in China to have its mold design, casting and machining facility all in one factory.

“The continued increase in demand, combined with these expansion plans are a big part of our strategy to integrate the efficiency and quality control measures that are so important in this business,” said Chen Gao, the company’s president and CEO. “Having all of our functioning units and design teams in one location will add synergy and help us to continue growing.”