Area Development
Major Tool & Machine, an engineering, fabrication, and machining services company, will invest $20 million to add 150,000 square feet of manufacturing space and automated production equipment to its operations in Indianapolis, according to Indiana economic development officials. The expansion is expected to create at least 50 new jobs. The new space will be built on the grounds of a former manufacturing facility currently classified as brownfield; the city has invested more than $3 million in the cleanup of the site. J. Stephen Weyreter, president and CEO of Major Tool, says the expansion will increase the 60-year-old, homegrown company's work force by 20 percent and double its operating space.