German Manufacturer to Open First U.S. Plant in Indy
Germany-based Variotech plans to launch its first U.S. manufacturing facility in Indiana. (image provided)
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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowA Germany-based manufacturer of trays used in automation has announced plans to open its first U.S. production plant in Indiana, investing $2.2 million to upgrade and equip a facility on the northeast side of Indianapolis. Variotech says the move will create 22 jobs over two years.
The company established its U.S. headquarters in Atlanta in 2019, but all of the production still occurs in Germany. According to the Indiana Economic Development Corp. some of those workers will move to Indiana to establish the manufacturing facility.
“As a global company, Variotech could have expanded anywhere, but they chose Indiana, which is a testament to our business-friendly environment and high-quality workforce,” said Jim Staton, senior vice president and chief business development officer for the IEDC. “We’re grateful Variotech is choosing to grow in central Indiana, developing innovative products that are used across the globe, while furthering our mission of bringing Indiana to the world and the world to Indiana.”
The IEDC says it has offered Variotech up to $150,000 in tax credits and $75,000 in conditional training grants based on the company’s job creation plans.
Founded in 1998, Variotech specializes in producing plastic trays used in automated systems for the automotive, electronics and medical device industries.