Canadian-Based Multimatic Expands Production In New Haven, Indiana
The Ontario, Canada-based company is investing $40 million to establish Multimatic Indiana - New Haven, which will be a 125,000-square-foot manufacturing facility at 2802 Adams Center Road in New Haven. With renovations and pre-production preparations currently underway, the company plans to launch operations later this year, producing advanced, high-strength steel components for vehicle body structures.
This new facility will be Multimatic’s second manufacturing facility in Indiana, with an existing northeast Indiana facility located in Butler. The company currently employs more than 250 associates in Indiana, and is now hiring for a range of manufacturing positions.
“Multimatic chose to establish the factory in New Haven to be close to both its customer base and its existing facility in Butler, something that ensures ongoing production and technical support,” said Rick Nafziger, General Manager of the new facility. “Also important is the availability of well-trained engineering, technical and manufacturing talent, necessary to making the new plant a success. We are pleased to be established in Indiana, and to expand manufacturing operations here.”
As an incentive, Indiana Economic Development Corporation (IEDC) offered Multimatic Indiana - New Haven up to $1,275,000 in conditional tax credits and up to $150,000 in training grants based on the company's job creation plans. These incentives are performance-based, meaning until Hoosiers are hired, the company is not eligible to claim incentives.
In addition, the local community will provide additional hiring and training assistance through Northeast Indiana Works. Also, based on preliminary information, Allen County/City of New Haven projects that the investment will qualify for a 10-year abatement of personal (equipment) property taxes.
“As a manufacturer with a strong Hoosier team, Multimatic knows first-hand the benefits of doing business in Indiana,” Governor Eric J. Holcomb said. “And now with the decision to open a second Indiana manufacturing facility, Multimatic takes its Hoosier team to the next level. We’re excited to see a global manufacturer choose Indiana for the second time and look forward to supporting its continued growth in our state.”
"The city of New Haven is proud to have Multimatic Inc. as the newest member of our business community," said New Haven Mayor Terry McDonald. "Their expansion into northeast Indiana is further proof of the excellent business climate of our state and particularly the northeast region."
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