Business is Booming for Diversified Metal Products
The Idaho Falls company, which provides engineering, design, fabrication and installation for the nuclear industry, has landed 10 contracts in the past 16 months.
According to company sources, the contracts total nearly $11 million. Most recently, the company received six contracts valued at $8.5 million from Shaw AREVA MOX Services. The contracts are for work to be performed for the Mixed Oxide Fuel Fabrication Facility at the Department Of Energy's Savannah River Site in Aiken, S.C.
Three of the Savannah River Site contracts are for the fabrication of glove boxes, which are specialized containers for handling and processing nuclear material. Two contracts are for the design and fabrication of stainless-steel equipment for processing plutonium oxide, and the remaining contract is for the fabrication of electrical control panels.
"We're going to be hiring at least seven people," said Dan Payne, business development manager for Diversified Metal Products. "These are good-paying jobs, and we feel like that's a great thing for the community."
Payne said all the metal fabrication work for the new contracts will be done in Idaho Falls. He said that while the scope of the projects runs through 2011, the company's intent is to make the new positions permanent.
Diversified Metal Products, 3710 N. Yellowstone Highway, has more than 60,000 square feet in production facilities and about 90 employees. It opened in 1988 with five employees and 12,000 square feet of shop space.
"We've had a very consistent growth pattern," Payne said.
He believes the company's quality of work has driven its expansion.
"The skill set of the labor that we have here is phenomenal," Payne said.
"We are capable of doing the highest level of quality work that the (government contracts require)."
By JEFF ROBINSON Post Register