Marbach America Inc., a subsidiary of Karl Marbach GmbH & Co KG, the German maker of cutting dies and thermoforming tools for packaging, is investing more than $4 million in Michigan City, Ind.
The company is taking over a 16,000-square-foot portion of an industrial building in Michigan City, in northwestern Indiana, where it plans to hire 30 people.
The Economic Development Corp. of Michigan City (EDCMC) announced the news April 23.
Marbach company officials said the location of a new manufacturing facility in the Midwest will meet the demands of current customers and add production capacity for future business.
Marbach runs 18 manufacturing sites around the world, including a Marbach America in plant in Charlotte, N.C.
Members of Michigan City Common Council unanimously approved a tax abatement that will save the company $102,512.
"Michigan City is very business friendly and made the process seamless," said Marbach America's chief operating officer, Fernando Pires, in a statement. "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 ... remains a favorable location for manufacturing."
Mayor Ron Meer said the city is attracting global companies. City officials and EDCMC staff worked with representatives of the Indiana Economic Development Corp. and the developer, Holladay Properties, to bring Marbach to the site.
In January, Marbach opened a Marbach Die Supplies subsidiary in Querétaro, Mexico.