Metal Parts Manufacturer Relocating Operations from Ohio to Indiana

Metal Parts Manufacturer Relocating Operations from Ohio to Indiana

Metal Powder Products (MPP), a global provider of custom-engineered powder metallurgy product solutions, announced plans to expand its operations in Hamilton County, moving a manufacturing division from Solon, Ohio, to Indiana and creating up to 80 new jobs by 2020. The company has already hired 51 new employees since planning its job growth last year.

“Indiana has a strong reputation for making products that power our world, and we’re also developing new solutions and advancing innovative technologies that are driving industries forward,” said Elaine Bedel, president of the Indiana Economic Development Corporation (IEDC). “With a fiscally-sound, pro-growth business climate and talented workforce, global businesses like MPP have the confidence to expand their capabilities here and create new, skilled jobs for Hoosiers.”

The Noblesville-based company, which is a portfolio company of Mill Point Capital, will invest $1.5 million to equip and repurpose its 60,000-square-foot facility at 14670 Cumberland Road to significantly increase its production capacity in Indiana and accommodate the new division, metal injection molding (MIM) manufacturing. With the investment, MPP will dedicate more space – 40,000 square feet – to manufacturing while the remaining 20,000 square feet will be equipped to serve as office space and to support R&D capabilities. Limited production of the company’s MIM manufacturing is currently underway and will be fully operational this spring.

MPP has more than 1,150 employees in the U.S. and China, including 352 associates at its Noblesville and Campbellsburg, Indiana facilities. The company is currently hiring for skilled labor and plans to add up to 29 new positions over the next two years.

“We are very excited with regard to the move to Noblesville, and the state of Indiana and city of Noblesville have been exceptionally helpful during this process,” said Dennis McKeen, chief executive officer of MPP. “MPP sees a very bright future for our MIM operations with very rapid growth.”

Founded in 1948, MPP specializes in the production of engineered components using powder metallurgy (PM) and MIM techniques for automotive, hydraulic, medical and mechanical applications. MIM – often referred to as powdered injection molding – is an advanced metal forming technique that uses injection molding equipment for manufacturing both simple and complex metal parts to tight tolerances. Across its eight facilities, MPP is committed to enhancing its technical capabilities by implementing new processing methods to increase production and optimize costs.

“As we welcome MPP’s expansion in the Noblesville Corporate Campus, the city is excited to support the company’s plans for growth, bringing with it more jobs and greater innovation that will complement our local economy,” said Noblesville Mayor John Ditslear.

In 2018, the IEDC offered MPP up to $500,000 in conditional tax credits and up to $100,000 in training grants based on the company’s job creation plans. These incentives are performance-based, meaning that until Hoosiers are hired, the company is not eligible to claim incentives. The City of Noblesville is offering permit assistance in support of the project, and Duke Energy approved additional incentives to offset a portion of the energy costs.

Indiana is a leader in manufacturing, with 8,500 manufacturing facilities and the highest concentration of manufacturing jobs in the U.S., supporting one in five Hoosier jobs. Manufacturers in Indiana have added 107,300 new jobs since July 2009, ranking No. 2 in the nation and growing at a rate of 25 percent.

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