Multimatic Expands with New Haven, Indiana, Plant
The company, which also has operations in DeKalb County, announced plans to expand to New Haven less than two years ago. Since then, Multimatic opened its new facility, hired 180 new positions, and is ready to expand again. The company will add 111,000 square feet to its 125,000-square-foot operations at 2808 Adams Center Road in New Haven to allow for additional final assembly operations, meeting increased demand. Multimatic expects the expanded space to be fully operational by the end of 2020.
"We've had tremendous success since opening the New Haven facility," said Rick Nafziger, General Manager at Multimatic's New Haven plant. "From the talented workforce, to the convenient location, to the strong infrastructure, choosing Indiana has been a good business decision for Multimatic. As the company continues to grow, the New Haven plant plays an important role."
Multimatic has more than 500 employees in Indiana. To support its expansion, the company plans to begin growing its team immediately by adding production operators, maintenance technicians, robotic/controls specialists, tool and die personnel and more.
As an incentive, Indiana Economic Development Corporation offered Multimatic up to $600,000 in conditional tax credits based on the company's plans. These tax credits are performance-based, meaning until Hoosiers are hired, the company is not eligible to claim incentives. The local community will provide additional hiring and training assistance through Northeast Indiana Works. Additionally, the New Haven City Council will consider additional incentives.
“It’s encouraging that companies like Multimatic continue to choose Indiana for growth, again and again,” said Indiana Economic Development Corporation President Elaine Bedel. “Multimatic has a strong Hoosier team, just one of the many strengths Indiana offers manufacturers across the state. I look forward to the company’s continued growth and job creation here, and am confident that our skilled workforce will help propel Multimatic to the next level.”
"We're thrilled to see Multimatic's rapid growth here in New Haven," said New Haven Mayor Terry McDonald. "We have worked hard to build an excellent environment for business, and this is a sign that those efforts are paying off."
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