Mainstay Fuel Technologies to Expand Production Capacity
On Monday, Mainstay Fuel Technologies announced the completion of a multi-million dollar investment into the company by an institutional partner to fund the expansion of the company’s production capacity. In addition, Mainstay announced it plans to consolidate its operations into a 60,000 sq. ft. facility located in Piedmont, South Carolina, along the I-85 corridor between Atlanta and Charlotte. Mainstay expects to complete the consolidation in the first quarter of 2015. As part of the consolidation, Mainstay will also significantly expand capacity with the build out of a new assembly line to produce its back-of-cab and side-mounted CNG fuel systems.