LANCASTER – At Friday’s Antelope Valley Board of Trade Business Outlook Conference, the city of Lancaster announced the arrival of another high-tech manufacturing company to Lancaster.
Innovative Coatings Technology Corporation (INCOTEC), which has developed cutting-edge coatings for the worldwide fastener industry for more than 20 years, is expanding to Lancaster.
“Success begets success,” said Mayor R. Rex Parris in a city news release. “After gaining Morton Manufacturing, we are thrilled to announce the arrival of INCOTEC, which will initially bring 50 new jobs to contribute to our local economy.”
In recent years, INCOTEC has experienced exponential growth. Since 2010, the firm has grown from only 48 employees to its current staff of 170, with plans to open approximately 50 new positions upon their expansion. In the past three years, INCOTEC has also enjoyed a 300% increase in gross sales. Having outgrown their current facility in Mojave, INCOTEC is now expanding and moving its headquarters to Lancaster.
“Lancaster is one of the few places in the state which is still pro-business,” noted INCOTEC Founder and CEO, Bob Briley. “The City welcomed us with open arms, always offering assistance during the expansion process. It has been a great pleasure working with them. From a business standpoint, Lancaster is the place to be.”
A leader in fastener coating innovations, INCOTEC produces coatings for a variety of companies worldwide, in both the aerospace and defense industries. This economic diversification allows for increased economic stability.
INCOTEC’s clientele includes Boeing, Airbus, Lockheed, Bombardier, Goodrich, Comac, Northrop, and Morton Manufacturing, a producer of nickel-alloy bolts for gas-turbine aircraft engines, which recently relocated to Lancaster.
“Morton and INCOTEC are coming here because they know Lancaster is a great community,” concluded Mayor R. Rex Parris. “We have paid attention to growing our community from the neighborhoods up. Now, with a winning combination of our business-friendly policies, health and wellness initiatives, outstanding education system, and growing economy, the city of Lancaster is poised for great growth throughout the coming years.”
(Information via press release from the city of Lancaster.)