BATAVIA – As U.S. Rep. Randy Hultgren, R-Winfield, toured Radco’s new corporate headquarters Friday in Batavia, he marveled at the fact the company has become a global leader in the manufacturing of specialty fluids and lubricants for the military, industrial/energy and solar markets.
“It is really impressive,” Hultgren told Radco CEO Michael Damiani. “You are going against companies like Dow Chemical.”
Earlier this year, Radco Industries moved its corporate headquarters and manufacturing facility into a vacant 28,000-square-foot facility at 700 Kingsland Drive in Batavia.
The company’s manufacturing plant had been in LaFox since 1977.
The Batavia facility will manufacture heat transfer and solar products. The company’s LaFox facilities are approved for military manufacturing and will continue to produce military products.
Damiani said the facility will accommodate the company’s growing business, which extends across six continents. Hultgren, who sits on the House Committee on Science, Space and Technology, was particularly interested in what Radco is doing in the solar market.
“This is encouraging to me, to be less dependent on foreign oil,” Hultgren said.
Damiani also voiced his concerns to Hultgren about automatic spending cuts that have happened in the military because of the sequester. He said 50 percent of Radco’s business right now is in the military.
“It would affect our business 25 to 30 percent,” Damiani said. “We plan to overcome the sequester issues by adding new products and increasing our market share.”
Hultgren said he opposed the sequester from the beginning.
“It is a horrible way to budget,” he said. “It is indiscriminate. My hope is that we have a much more thoughtful approach. We can’t spend more than we take in.”