Selma Precision Technologies to Revamp Closed Plant
April 30, 2017
Less than a year after Selma’s Sona Precision Forge plant closed, new blood will restart the assembly line. Selma Precision Technologies, the local name and first American plant for Indian manufacturer the Warm Group, plans to reopen the plant by June with 38 workers and eventually return the site to its former glory. Vinay Upadhyay, director of business strategies and growth for Selma Precision Technlogies, said the Warm Group was initially interested in buying bankrupt Sona’s equipment at auction and shipping it back to India. Instead, it bought the property.