Multimatic Investing More Than $22M In New Haven, Indiana Expansion

The Canada-based automotive engineering and manufacturing company will create up to 75 jobs in an expansion of its Allen County, IN operations.


https://businessfacilities.com/2019/04/multimatic-investing-new-haven-indiana/
The Canada-based automotive engineering and manufacturing company will create up to 75 jobs in an expansion of its Allen County, IN operations.
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Multimatic Investing More Than $22M In Indiana Expansion

The Canada-based automotive engineering and manufacturing company will create up to 75 jobs in an expansion of its Allen County, IN operations.

Multimatic Investing More Than $22M In New Haven, Indiana Expansion

Multimatic, a global automotive engineering and manufacturing company headquartered near Toronto, will expand its New Haven, IN operations by investing over $22 million and creating up to 75 new jobs by the end of 2021.

New Haven, IN
(Photo: Multimatic)

“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.”

The Canada-based 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 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.

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.

The IEDC offered Multimatic up to $600,000 in conditional tax credits based on the company’s plans. These tax credits are performance-based, so until employees 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 (IEDC) 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.”

Multimatic engineers and manufactures complex mechanisms, body hardware, suspension system components, body structures and lightweight composite automotive systems. The company also delivers niche vehicle design, development and production for road and race car applications. In additional to General Motors, Ford and Fiat Chrysler, Multimatic counts virtually all major auto manufacturers as customers.

Relocating Or Expanding Your Business In Indiana

Considering Indiana for your company’s relocation or expansion project? Check out Business Facilities’ Indiana Incentives and Workforce Development Guide.

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