LOGANSPORT, INDIANA — ARaymond, a global firm that designs and manufactures assembly and fastening systems for automotive and other industries, recently announced that it has invested $12 million in its manufacturing facility in Logansport.

The company said the $12 million will include installation of new pre finish and coating lines and that it will streamline and improve the company’s overall operations.

The new equipment will arrive at ARaymond’s Logansport facility — located at 800 W County Road 250 S — in December 2023, and will be fully operational by August 2024.