Company: Ultra Tool & Manufacturing lnc.
Founded in: 1969
What they do: Produces precision metal components that serve the recreational vehicle, automotive, electrical, lawn and garden, small engine and military defense industries.
How they’re growing: Ultra Tool is investing $9 million to expand its facilities in Germantown. The project is expected to create 10 new full-time jobs and retain 98 current employees. The expansion will help alleviate capacity issues at the Germantown location and allow for future growth.
What they’re saying: “We want to expand once more so we can begin to produce larger parts for existing customers, which we currently do not have the capacity to build.” – Terry Hanson, Ultra Tool owner