Milacron to Invest $5M at DME Facility
Milacron’s $5 million investment in DME Company’s Greenville, Michigan, facility will create up to 70 full-time jobs.
Milacron Holdings Corp., an industrial technology company serving the plastics processing industry, will invest approximately $5 million and create up to 70 full-time jobs at the DME Company’s Greenville manufacturing facility in Greenville, Michigan. DME is a wholly owned subsidiary of Milacron.
This expansion and investment announcement follows the recent decision to close a DME facility in Youngwood, Pennsylvania. Milacron plans to consolidate operations of its mold technology manufacturing and fabrication to its Greenville, Michigan location. In addition to the consolidation, Milacron plans to make significant investments to expand the capabilities of its Greenville location.
This achievement was made possible in partnership with The Right Place, Inc. and Montcalm Economic Alliance, in collaboration with the Michigan Economic Development Corporation (MEDC) and the City of Greenville. The MEDC is supporting the new development with the approval of a $490,000 Michigan Business Development Program performance-based grant. In addition, the City of Greenville is considering the approval of a PA 198 local tax abatement in support of the project.
For more information, visit www.milacron.com.