Firm to invest $6.6M in Fostoria operation

1/15/2005

FOSTORIA National Electrical Carbon Products Inc. plans to invest $6.6 million and retain 120 employees in its Fostoria operation, the company said this week.

The project includes plant improvements and equipment that is to increase efficiency and reduce costs.

The firm, which produces carbon and graphite materials, also is receiving $25,000 to train workers from the Ohio Department of Development.