SDPI - Superior Drilling Products gets $750K grant to expand manufacturing operations
- Superior Drilling Products ( NYSE: SDPI ) said Wednesday it was awarded a grant of up to $750K by the Utah Governor's Office of Economic Opportunity as part of the Manufacturing Modernization Grant Program.
- "This grant will help fund the acquisition of a new high-speed, tight tolerance CNC machine, as well as ancillary costs for facility and technology upgrades, and employee training," said SDPI CEO Troy Meier.
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Superior Drilling Products gets $750K grant to expand manufacturing operations