Powder Metal Tech (PMT), based in Indianapolis, Indiana, USA, has announced plans to relocate to Franklin, Indiana, reports the Daily Journal. PMT has stated that it will invest nearly $1.4 million into the construction of the new 14,000ft2 facility, which will be based in Franklin’s Business Park.
Founded in 2001, PMT rebuilds Powder Metallurgy presses, installs new electronic controls and builds robotics for automation presses. The company also offers field services; assisting clients with machine problems and carrying out preventative maintenance at client facilities.
Doug Hefley, PMT Owner, stated that work on the new facility is expected to conclude in mid-2018 and that further expansion could reach up to 30,000ft2 in the future. In addition to the move, the company will pursue a training initiative to recruit and train new workers in robotics and machine operation through collaboration with local career centres and colleges.