CMI acquires new VTL as part of growth strategy
As part of our continuing strategy to upgrade our overall CNC machining capabilities, we recently acquired and installed a new vertical turret lathe (VTL). This machine allows us to expand our ability to manufacture various size parts in an efficient manner.
Despite the recent pandemic virus and downturn in the aviation industry, we are committed to our business growth strategy that includes making proactive investments that expand our capabilities. The acquisition of this machine was due in part to a new long-term agreement to produce five different components.