CL Tech Plans $4.8 Million Expansion At Its Edinburgh, Indiana, Production Facility
The homegrown-Hoosier company will invest $4.8 million to construct and equip a 6,500 square-foot addition to its Edinburgh facility, installing CNC lathes, mills, robotics, cold roll spline and thread rolling processes. Bringing its total operations to 13,000 square-feet by December 2015, the company expects a 35 percent growth in sales with its expansion.
Founded in 1978, CL Tech is a state-of-the-art machine shop, utilizing robotics and CNC machines to produce a high volume of precision parts. The company serves customers in the automotive, engine components, recreational vehicles, aerospace and off-road industries. CL Tech is an ISO 9001:2000 facility by the International Organization for Standardization. CL Tech, which currently employs approximately 30 full-time Indiana associates, has already begun hiring CNC machinists, equipment operators, forklift drivers and administrators.
“CL Tech is excited to announce the addition of new employees and more space in Edinburgh,” said James Krohn, President of CL Tech. “Our location allows us to service our central U.S. customers very well. We look forward to our continued partnership with the community and state. We appreciate the low cost of doing business as well as business friendly environment here in Indiana.”
The Indiana Economic Development Corporation offered CL Tech, Inc. up to $210,000 in conditional tax credits 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, the town of Edinburgh approved additional incentives.
“When one Hoosier manufacturer grows, so does its network of suppliers,” said Eric Doden, President of the Indiana Economic Development Corporation. “CL Tech’s expansion comes to us as a byproduct of that network, supported by a workforce of Hoosiers empowered with the skills and drive that keep Indiana’s economy growing.”
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