HF Technologies LLC, an injection molder of business machine parts, is ending its China joint venture and expanding operations stateside.
``We anticipate adding 76 jobs [over five years]. It will come from work transferred or new business opportunities already in development,'' President David Fletcher said in a telephone interview.
HF will invest about $1.3 million to lease, renovate and add new machinery in a 17,000-square-foot facility in Rochester, N.Y., that is down the street from its 8,000-square-foot headquarters, he said.
``I am thrilled that HF Technologies is expanding in the city of Rochester. We are witnessing `outsourcing in reverse.' Jobs are coming back to this country and to our city. This success story tells the world that this community is vital and competitive,'' said Rochester Mayor Robert Duffy in a news release.
HF Technologies makes Teflon- and silicone-coated rollers and other components used in copiers and printers. Its customers include many original equipment manufacturers such as Xerox, Danka, Nexpress, Parts Now, Lexmark and Compusar.
Fletcher said HF started a joint venture in Shenzhen, China, named Entech in early 2003. He did not disclose the partner, but said that the mutual decision was made to end the relationship at the end of 2005.
He said HF explored continuing in China with another partner, but ``thought the best option was to have it back under its own control.''
Fletcher said transportation costs have risen since 2003. Power outages also presented problems. Fletcher said HF can still be competitive with parts shipped from China as well as U.S.-made parts.
HF has operated a facility in Rochester since 2001 and had used it for research and development, as well as low-volume production. The new facility will start production in October, he said. It will include four silicone injection molding machines as well a silicone coating machine.
HF will spend $612,000 on new equipment and incur expenses of $775,000 for relocation, training and renovation, Fletcher said.
Rochester is providing a $30,000 grant for building renovation and adding a $200,000 low-interest loan for equipment. The company also is receiving benefits from Monroe County and is eligible for Empire State Development grants for relocation expenses.