(Humboldt, Tenn.) – Reinhausen Manufacturing Inc. (RM) a subsidiary of Germany-based Maschinenfabrik Reinhausen is proud to announce the acquisition of a significant parcel of land
adjacent to the FedEx Ground facility within the City of Humboldt Industrial Park. This strategic land purchase demonstrates the company’s long-term dedication to the city of Humboldt and sets the stage for potential future expansions.
Since taking over the On Load Tap Changer (OLTC) business from Westinghouse and relocating to Humboldt in 1990, Reinhausen Manufacturing Inc has experienced remarkable growth necessitating multiple expansions.
“We are excited to continue our partnership with the City of Humboldt, Gibson County, and the State of Tennessee by securing the future of our business expansion through the purchase of land in
Humboldt. While not immediate, the land we are acquiring gives us the business flexibility to expand in the future as the demand for smart, reliable energy continues to grow through North America,” said US President and CEO Robert Vary.
While no development plans are yet in place for the newly purchased land, this proactive investment is a clear indicator of Reinhausen Manufacturing Inc’s commitment to innovation, growth, and its valued relationship with the city of Humboldt.
About Reinhausen Manufacturing Inc.
Reinhausen Manufacturing Inc, established in 1989, has been a constant presence in Humboldt, fostering growth in production and administration. As part of Maschinenfabrik Reinhausen GmbH (MR) based in Regensburg, Germany, the company enjoys global success in the niche markets of electrical energy technology. Founded in 1868, the predominantly family-owned company is steered by the fifth generation of the family. With a workforce of 3,550 employees worldwide and a turnover of 750 million Euros last fiscal year, Reinhausen Manufacturing Inc alongside MR, assures that 50% of the world’s power consumption is effectively regulated by their products.
For more information about Reinhausen Manufacturing Inc and its projects, please visit reinhausen.com