Dowa Thermotech Co. Ltd., a global manufacturer of industrial furnaces and provider of heat-treatment services, will open a new facility in Lee County, N.C. The company will invest $22.5 million in Sanford with plans to serve clients in the automotive and industrial machinery markets. The investment will create 109 jobs.
Dowa Thermotech, with headquarters in Nagoya, Japan, is a subsidiary of Dowa Holdings Co. Ltd., a global company operating in industry sectors including nonferrous metals, metal processing, environmental management and recycling. The company provides heat treatments for metal engine parts, transmissions and other rotating elements that operate in harsh environments.