Metal Powder Products Beefs Up Its Indiana Operations
According to a report released by Indiana Economic Development Corporation (IDEC), Metal Powder Products (MPP), a global provider of custom-engineered powder metallurgy product solutions, has decided to relocate its operation from Solon, Ohio, to a new facility in Hamilton, Indiana by 2020, creating around 80 jobs in the process.
The Noblesville-based metal parts manufacturer currently employs more than 350 associates in its Washington and Noblesville County Operations, and more than 1,100 overall in China and the United States.
According to the release, MPP has already employed 51 individuals as part of this transition and is planning on adding 29 more over the next two years. They (MPP) are currently hiring for expert labor positions. In fact, they expect the new Indiana division to be fully operational this Spring.
“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.”
MPP will invest $1.5 million to re-purpose a 60,000 square foot facility at 14670 Cumberland Road and acquire new equipment.
When the site is ready, MPP plans on using it as its Metal Injection Molding (MIM) manufacturing division. 40,000 square foot of the facility will be utilized for manufacturing whereas the remaining 20,000 square foot will become space for offices and Research & Development (R&D) activities.
“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.”
In 2018, the IEDC offered MPP up to $600,000 in training grants and conditional tax credits based on the firm’s job creation strategies. Duke Energy and the city of Noblesville have offered MPP incentives as well.
