SWD Begins $3M Expansion

SWD Inc., a Chicago-based maker and finisher of fasteners, is spending $3 million on a 26,000-square-foot expansion of its existing 160,000-square-foot facility. With this addition, SWD projects growth of 15 percent in year-over-year sales and expects to create between 12 and 15 new positions. The project is expected to be finished by November.

SWD says the expansion is the second phase of a project that added 60,000 square feet in 2012. The additional 26,000 square feet is expected to help with process flow in the coating production facility. It has been designed to allow for more warehousing, the company says, with an automated racking system for part storage along with new office space for centralized shipping, receiving and order entry processing.

SWD specializes in black oxide, passivation of stainless steel, phosphate coatings, fastener sorting and licensed application of high-corrosion Magni, Dörken and Yuken coating systems. Last year, the company introduced a robotic organic coating line.