Gibbs has officially opened the doors of our new Federal die casting plant. Interestingly, this is the 2nd time around for Federal which originally launched after winning a contract from the Federal government in the mid 60’s. It was closed in 2007 during an economic down turn.
The reason for the re-birth of Federal is to expand Gibbs’ ability to competitively meet more of our customers’ needs. 100% of Federal’s focus will be horizontal die casting which is a sharp contrast to our well-known vertical die casting expertise. Why? Both vertical and horizontal processes have different competitive advantages. Having strengths in both processes means Gibbs will be a competitive supplier on even more of our customers’ programs.
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