Pewag Groundbreaking Ceremony!!

50665d6780147.imagePueblo, Colorado, September 25, 2012 — Pewag, Pueblo’s newest manufacturer, will hold a ceremonial groundbreaking event at the site of their first North American plant on Friday, September 28th at 9:00am. The company and Pueblo Economic Development Corporation jointly announced the decision to locate their plant in Pueblo earlier this month. The plant will be located in the Minnequa Industrial Park on Greenhorn Drive adjacent to I-25. Pewag is the world’s leading chain manufacturer. The Austrian company leads the industry with innovations such as the Grade 120 Chain – the world’s strongest chain. They manufacture three main product lines – traction or snow chains, industrial chains and tire protection chains.

The plant is being financed and built by Pueblo Development Foundation and will be constructed in two phases over three years. Phase I will be comprised of approximately 30,000 square feet and phase II will be an expansion of the building to 50,000 square feet. Initially, the company will manufacture traction chains used on cars, trucks, buses and heavy equipment. In the future, they plan to add additional product lines. At full capacity, Pewag will employ 55 people from the Pueblo area.

preview-300Pewag proudly celebrates their 100th Anniversary of manufacturing traction chain this year. They have successfully served the US market since 1975 and building a plant in Pueblo will only improve their ability to serve the market. “We are proud to build our first North American manufacturing facility outside of Europe in Pueblo, Colorado,” according to Mike Uhrenbacher, Pewag President of US Operations, “we chose this location because of its vicinity to the traction chain market in the Rocky Mountains, access to steel, qualified work force, training facilities with Pueblo Community College and the financial incentives that were offered by the City of Pueblo.” Both Uhrenbacher and Mr. Agyd Pengg, Pewag Owner & CEO will be on hand to break ground and signal the start of the project on Friday.

In preparation of the Groundbreaking Ceremony, Jack Rink, PEDCO President & CEO said, “This groundbreaking represents a major economic boost for the Pueblo community. The building phase will create immediate construction jobs and the completed plant will provide good, stable jobs for 55 employees and their families. It’s rewarding to see an international company that recognizes the total cost advantages of manufacturing products in Pueblo, Colorado – and the USA.” Pewag brings to Pueblo 500 years of Austrian manufacturing tradition that started in 1479 – before Columbus set out to discover the Americas!only improve their ability to serve the market. “We are proud to build our first North American manufacturing facility outside of Europe in Pueblo, Colorado,” according to Mike Uhrenbacher, Pewag President of US Operations, “we chose this location because of its vicinity to the traction chain market in the Rocky Mountains, access to steel, qualified work force, training facilities with Pueblo Community College and the financial incentives that were offered by the City of Pueblo.” Both Uhrenbacher and Mr. Agyd Pengg, Pewag Owner & CEO will be on hand to break ground and signal the start of the project on Friday.

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