Thursday Jul 17
New $6-million Ikonics Corp. facility proposed in Duluth
The Ikonics Corporation, a Northland imaging technology company, hopes to construct a new $6,000,000 facility in West Duluth, creating jobs locally.
Ikonics looks to grow, but where?
But it's poised for a growth spurt. To keep up with an expected demand for its cutting-edge, sound-deadening liners for jets, the imaging technology firm is considering building a second manufacturing plant.
IKONICS hopes to expand Morgan Park facility
The board of IKONICS Corp. has approved a capital expenditure of $570,000 for automated equipment to increase its composite machining capabilities for the aerospace industry.
Why Ikonics (IKNX) Stock Is Jumping Today
Separately, TheStreet Ratings team rates IKONICS CORP as a Buy with a ratings score of B-.
IKONICS Corporation Announces Aerospace Expansion Plans
The company is also evaluating an expansion to a new site to service this growing business.