Milacron Holdings Corp-DME Company Expands Greenville, Michigan, Plant
The company plans to invest approximately $5 million and create up to 70 full-time jobs in Michigan. This achievement was made possible in partnership with The Right Place, Inc. and Montcalm Economic Alliance, in collaboration with the Michigan Economic Development Corporation (MEDC) and the City of Greenville.
This expansion and investment announcement follows the recent decision to close a DME facility in Youngwood, Pennsylvania. Milacron plans to consolidate operations of its mold technology manufacturing and fabrication to its Greenville location. In addition to the consolidation, Milacron plans to make significant investments to expand the capabilities of its Greenville location.
“By consolidating our machining operations into one single U.S. location, we can target our investment funds, building a world-class facility in Greenville to support our growth plans,” said Peter Smith, Milacron DME President & General Manager. “Throughout this process, the Montcalm Economic Alliance and the MEDC have been extremely valuable resources in launching this new phase of the company.”
“This project wasn’t just an expansion of a company in Greenville, it was the retention of a company as well,” said Rob Spohr, Vice President for Academic Affairs at Montcalm Community College, and current Chair of the Montcalm Economic Alliance. “We won this project with collaboration, a solid business case, and collective determined effort, at the state and local level, to ensure Milacron stayed in Montcalm County.”
The MEDC is supporting the new development with the approval of a $490,000 Michigan Business Development Program performance-based grant. In addition, the City of Greenville is considering the approval of a PA 198 local tax abatement in support of the project.
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