Aspen Compressor, LLC Awarded Contract to Evaluate Domestic Compressor Manufacturing Plant

Aspen Compressor received a contract under Title III of the Defense Production Act to evaluate the feasibility of producing mini-compressors for both defense and commercial markets. The initial phase of the contract valued at $490,000 involves a comprehensive business plan, marketing plan, and manufacturing plan to be used in entering the mini-compressor market. The next phase of the project will involve obtaining a building site and procuring the needed equipment to manufacture compressors. The plant is planned to be sited in the state of Kentucky.