HUSCO International Investing $85 million for Global Expansion
Austin Ramirez, fresh off of a year of service as a White House Fellow on the United States National Economic Council, has returned to helm HUSCO International as CEO. His first order of business is to expand and modernize the company’s worldwide facilities.
“This announcement reflects HUSCO’s incredible success securing new business over the past several years, despite challenging global markets,” said Austin Ramirez, CEO of HUSCO International. “The size and scope of these investments are unprecedented in our history and reflect our commitment to being the best employer and partner in the markets in which we compete.”
The $85 million plan includes $16 million to update its facilities and $69 million for manufacturing equipment and tooling to support new programs HUSCO has netted recently. This new business is expected to also grow global employee headcount by 270 positions over the course of the next few years.