Trans-Matic Manufacturing Co. has begun hiring the first of 25 employees it plans to add to its Holland headquarters over the next two years, thanks to a $7.5 million investment in its plant.
Randy Utting, the company's vice president of finance and chief financial officer, says four employees already have been brought on board with the remaining to follow over the next 24 months. Several high skilled tool makers will be needed along with engineers, machine operators and quality process technicians.
The new jobs are due to the company's investment in some new stamping presses, new tool room equipment and building improvements. "This investment is more than usual because we stopped our investments last year when the economy was struggling. A year ago, we were thinking survival and now we're thinking of growth. We're very excited about the possibilities for the future."
Located at 300 East 48th St., the privately held company makes deep-drawn metal stampings for the automotive, lock hardware, compressor, appliance, fire prevention, HVAC, and plumbing markets. Utting says the company is trying to find new applications and markets within its current customer base.
Last month, Holland City Council granted the manufacturer a 12-year tax break on the new investment.
Founded in 1968, the company employs nearly 200 at its Holland facility and also operates plants in Mesa, AZ and China.
Source: Randy Utting, vice president of finance and chief financial officer, Trans-Matic Manufacturing, Holland
Sharon Hanks is innovations and jobs news editor at Rapid Growth Media. Please send story ideas and comments for the column to Sharon at [email protected]. She also is owner of The Write Words in Grand Rapids.