MultiTech Industries Plans New Manufacturing Operation In Franklin, Kentucky
Area Development Online News Desk (07/29/2013)
MultiTech Industries plans to establish a 32,000 square foot distribution and manufacturing facility at the Sanders Interstate Industrial Park in Franklin, Kentucky, initially employing 10 workers, with plans to add up to 40 total jobs over the next few years.
The firm is a manufacturer and distributor of fasteners, machined components, springs, wire forms, tubing and cold head components. With more than 200 employees located at 14 facilities worldwide, the company supplies billions of parts to the world’s most demanding tier one and tier two automotive manufacturers each year.
“We are extremely excited about our new location in Franklin,” said MultiTech President Rahul Parikh. “This site puts us in the center of the southern automotive corridor, and will allow us to service manufacturers in four southern states with fasteners, machined components, stampings, wire forms, springs and value added assemblies.”
Gov. Steve Beshear said, “We know Franklin, with its top-notch workforce and strategic location, will provide an excellent fit for the company. It’s no coincidence that this is the second such announcement in Franklin in as many months – further proof of the area’s ideal business climate.” Just last month, Focus Printing Solutions announced it was creating a new manufacturing facility at 209 East Cedar St. in Franklin.
“MultiTech is a great catch for our county,” said Simpson County Judge-Executive Jim Henderson. “They are a supplier of FPI, one of our leading area manufacturers. We appreciate FPI, as well as the Tennessee Valley Authority and the Kentucky Economic Development Cabinet, for helping us to land a company like MultiTech. This is the kind of company you like to have in your area.”