Slidematic Precision Components expanding in Rockford

Slidematic announced in May 2014 that it will spend $4 million to expand its operation in southeast Rockford by 144,000 square feet and create 30 new jobs. The company manufactures and distributes cold-headed fasteners including nuts, bolts, screws and other products globally for industries from electronics to automotive. It has tripled its workforce in 10 years and doubled its sales in the past few years.