Business View Magazine | November 2020

87 BUSINESS VIEW MAGAZINE NOVEMBER 2020 Nomar Castings, INC. S A N D - MO L D E D C A S T I N G S | G R AY & D U C T I L E I R O N S 6 5 6 3 S T O N E S K E E P L A N E E L L I S T O N , VA 2 4 0 8 7 ( 5 4 0 ) 3 8 0 - 3 3 9 4 N OMA R C A S T I N G S @YA H O O . C OM B INGHAM & TAYLOR market and really taking off.” “We are active in the development of lids for leak detection,” he adds. “In major cities, 25 percent of all water is lost through leaks; it’s a huge problem. We developed a unique plastic lid system that doesn’t block the radio signal transmission like cast iron lids.” According to Petrides, making substantial investments in capital to prepare for future growth is a priority agenda item for the company. “Our growth has been averaging seven to ten percent per year for the last several years,” he shares. “We are anticipating the trends in the marketplace and trying to put our dollars in those areas, so we’ll be prepared. We have a specialized team of professional engineers who are doing our product development and meeting with customers to determine what problems they need solved. We can now develop products that are more specialized and add value for them. That’s going to continue to be our focus –