Robotics Company Relocating to Franklin
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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowAn Indianapolis-based manufacturing robotics company is relocating to Franklin. The city says Powder Metal Tech plans to invest nearly $1.4 million to construct a new facility in the Franklin Business Park and add a small number of jobs.
Owner Doug Hefley says the 14,000 square-foot building is expected to be complete in mid-2018. He adds the company has plans to eventually expand to 30,000 square feet, though a specific time frame for such an expansion was not provided.
Powder Metal Tech was founded in 2001 and rebuilds powder metal machine presses, installs new electronic controls, and builds robotics for automation processes, according to the city. The company will move its 11 employees to the new location once construction is complete and plans to add four new positions with an average wage of $22 per hour.
Hefley says the decision to relocate was made after working with the Johnson County Development Corp., which connect the company to city officials. The city will consider economic development incentives for the company.