Marbach America Expands Michigan City, Indiana, Operations
04/23/2019
Marbach America Inc. will be investing over $4 million, with plans to hire 30 associates. According to company officials, the location of a new manufacturing facility in the Midwestern U.S. is in order to both meet the demands of their current customers and add additional production capacity for future business growth. The company has 18 manufacturing sites worldwide, including U.S. production operations in the Southeast and Midwest. The company manufactures tools and dies.
Marbach America Inc.’s COO, Fernando Pires said, “Michigan City is very business friendly and made the process seamless. The tax abatement will allow us to further reduce the overall costs of this project and to demonstrate to our parent company in Germany that Michigan City, Indiana remains a favorable location for manufacturing. We are looking forward to being part of your community.”
The tax abatement was approved unanimously by the Michigan City Common Council at a meeting Tuesday night and will save the company about $102,512.00.
“We are delighted that Michigan City continues to attract global companies that are seeking a high quality of life, great workforce, and a progressive community,” said Michigan City Mayor Ron Meer. “My administration has worked tirelessly to promote Michigan City and will continue to work to bring more high paying jobs for our residents.”
City of Michigan City officials and EDCMC staff working with the Indiana Economic Development Corporation representatives and Holladay Properties coordinate this team effort to make this project a success for the State of Indiana.
Project Announcements
Canfor Expands Fulton, Alabama, Production Operations
04/22/2024
Tucker Door & Trim Plans Henrico County, Virginia, Operations
04/19/2024
Zekelman Industries Expands Blytheville, Arkansas, Operations
04/19/2024
Fibrebond Corporation Expands Webster Parish, Louisiana, Operations
04/19/2024
Master Steel Expands Hardeeville, South Carolina, Operations
04/19/2024
L3Harris Technologies Expands Orange County, Virginia, Operations
04/18/2024
Most Read
-
2023's Leading Metro Locations: Hotspots of Economic Growth
Q4 2023
-
2023 Top States for Doing Business Meet the Needs of Site Selectors
Q3 2023
-
38th Annual Corporate Survey: Are Unrealized Predictions of an Economic Slump Leading Small to Mid-Size Companies to Put Off Expansion Plans?
Q1 2024
-
Manufacturing Momentum Is Building
Q1 2024
-
Making Hybrid More Human in 2024
Q1 2024
-
20th Annual Consultants Survey: Clients Prioritize Access to Skilled Labor, Responsive State & Local Government
Q1 2024
-
Public-Private Partnerships Incentivize Industrial Development
Q1 2024