HUSCO International announced today it is investing $20 million in its Waukesha headquarters to support the launch of approximately four new automotive programs.
The programs, which are expected to start in the next 12 months, will create approximately 30 full-time direct manufacturing and office positions in Waukesha over the next 18 to 24 months, according to chief executive officer Austin Ramirez.
New products to be manufactured by HUSCO include the key components for cylinder deactivation, variable engine oil pumps and advanced transmission systems used in automotive powertrain applications. Ramirez said the programs will generate $20 million a year in sales revenue.
“Car buyers are looking for improved fuel efficiency without sacrificing horsepower and torque, and they want it for a reasonable price,” he said. “HUSCO’s automotive products help make this possible.”
The $20 million investment includes modernization of 15,000 square feet of manufacturing space along with the installation of four highly automated assembly lines. The modernization is beginning to take place now.
“It’s space we already have under roof in Waukesha, but we’re cleaning it and getting it ready for modern assembly lines,” Ramirez said. “We’re not building a new building—just repurposing extra space we have.”
Earlier this year, HUSCO was honored with a top supplier award from Ford Motor Company. Out of a base of nearly a thousand suppliers, HUSCO Automotive was recognized as one of six global suppliers that best embody the principles of Ford’s Aligned Business Framework (ABF).
“Ford developed the ABF program several years ago to identify strategic supply partners that Ford will prioritize for relationship building, technical development and business growth,” said Todd Zakreski, president of HUSCO’s Automotive Division. “HUSCO’s recognition as being at the top of this already exceptional group of automotive suppliers puts us among the best-of-the-best in this industry.”
HUSCO designs and produces hydraulic and electro-hydraulic components that aim to improve the overall efficiency, controllability and performance of automotive and off-highway mobile equipment.
The company has manufacturing facilities in Wisconsin, Iowa, England, China and India in addition to offices in Korea, Brazil and Germany.
