Marbach America Inc., a Germany-based tool and die company, is investing $4 million in its Michigan City operations and plans to add 30 new jobs.
A statement from Economic Development Corp. Michigan City, Ind. said the company is expanding its existing space by 16,000 square feet at the Haskell Building in Michigan City.
Marbach America Inc. is a wholly owned and operated subsidiary of the Marbach Group, which has more than 1,500 employees worldwide. The company has 18 manufacturing sites worldwide, including U.S. production operations in the Southeast and Midwest. The company manufactures tools and dies for the corrugated board, paperboard and cigarette packaging industries.
“We are delighted that Michigan City continues to attract global companies that are seeking a high quality of life, great workforce, and a progressive community,” said Michigan City Mayor Ron Meer. “My administration has worked tirelessly to promote Michigan City and will continue to work to bring more high paying jobs for our residents.”
The Michigan City Common Council recently approved a tax abatement for the company, which will save it about $102,512.
Fernando Pires, Marbach America Inc. COO said Michigan City is very business friendly and made the process seamless.
“The tax abatement will allow us to further reduce the overall costs of this project and to demonstrate to our parent company in Germany that Michigan City, Indiana remains a favorable location for manufacturing,” he said.
