An orthopedic medical device manufacturer, Micro Machine Company, will invest $2.8 million to establish a new manufacturing facility in Warsaw, Indiana, creating up to 60 new jobs by 2015.
The Kalamazoo, Mich.-headquartered company will lease, renovate and equip an 11,000 square feet at 4310 Corridor Drive in Warsaw. Micro Machine, which currently has 72 employees in Kalamazoo and eight Hoosiers in Warsaw, will continue hiring additional machinists and quality control associates early next year.
“Kosciusko County has the talent pool that we need to enable us to grow in the future,” said Clive Scott, chief executive officer of Micro Machine. “We are grateful to the local community and state of Indiana for allowing us to establish a business presence in Warsaw.”
Dan Hasler, Secretary of Commerce and chief executive officer of the Indiana Economic Development Corporation said the investment “builds on our strength as the Orthopedics Capital of the world and is the latest proof that Indiana continues to spur an economic ecosystem that fosters strong investment and job creation.”
As an incentive, the Indiana Economic Development Corporation offered Micro Machine, LLC up to $550,000 in conditional tax credits and up to $35,000 in training grants based on the company’s job creation plans. These tax credits are performance-based, meaning until Hoosiers are hired, the company is not eligible to claim incentives. In addition, Kosciusko County approved additional property tax abatement at the request of the Kosciusko Economic Development Corporation.
“The city of Warsaw is pleased to welcome Micro Machine to our community of orthopedic manufacturing,” said Warsaw Mayor Joe Thallemer. “The local availability of a specialized workforce training program will provide them with a great advantage to grow in the industry and grow with our community."