Panama City, Florida — According to state and local economic development sources Central Moloney plans to invest $20,000,000.00 to build out 140,000 square feet of new space in Panama City. The company plans to occupy the new space at Venture Crossings Enterprise Center in Panama City, on or about October 1, 2022. According to the company website Central Moloney, Inc. is an ISO 9001 certified company, manufacturing distribution transformers and transformer components. Since 1949, CMI has been delivering quality products on time with professional service and reliability every step of the way. CMI offers a wide variety of single-phase and three-phase distribution transformers including, overheads, pad mounts and submersibles. And for 40+ years, CMI has led the industry with innovative products to improve the quality and reliability of electrical power equipment. In the mid 1980s CMI was the first to introduce thermoplastic primary and secondary bushings to the transformer industry. The success of these bushings led to a complete transformation of these products utilizing advanced thermoplastic technology. A range of manufacturing processes, including polymer casting, transfer molding, pressure gelation, and thermoplastic injection molding allow extreme versatility in meeting customers needs.

To learn more about Central Moloney, visit http://www.centralmoloneyinc.com/

Company Contact:
Chris Hart, Chief Executive Officer
https://www.linkedin.com/in/chris-hart-3159002/
855-417-6893

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