MultiTech Industries, a provider of engineered metal components and assemblies, announced plans to expand its Franklin facility, a $3.7 million investment that will create 20 new, full-time positions.
“October is Manufacturing Month in the commonwealth, and thanks to our world-class workforce and great companies investing in communities across the state, Kentucky’s industry is stronger than ever,” said Gov. Beshear. “MultiTech Industries is an important part of the Franklin community, and I am excited to see them continue to grow and find success here in the commonwealth.”
The company will be expanding its Franklin, Kentucky, facility, doubling the square footage and paving the way for additional capacity, technologies and capabilities within the progressive stamping manufacturing product line. The investment adds capacity to better serve MultiTech’s customers and employees in the region, increases the company’s U.S. based manufacturing footprint and provides additional jobs and opportunities to the Franklin and Simpson County communities.
“This marks another significant milestone for our company,” said MultiTech Industries President Anthony Falcone. “Our Franklin, Kentucky, plant expansion is in line with MultiTech’s commitment to be a global leading metal component manufacturing and assembly organization by marrying technology with advanced manufacturing capabilities executed by our best asset, our employees, that is first choice in the marketplace. Additionally, with this expansion, we celebrate the commitment and passion for excellence of the teammates of our Franklin, Kentucky, facility. Through their hard work and relentless dedication, our Franklin, Kentucky, facility has become the flagship stamping manufacturing facility for our company.”
MultiTech Industries Inc., founded in 1993, is a top provider of highly engineered metal components and assemblies. The company provides assembly operations, cold headed fasteners, stampings, machined components, wire forming, springs, engineering, distribution and inventory management to their customers.
Simpson County Judge/Executive Mason Barnes spoke on MultiTech’s accolades in the county: “We are very fortunate to have MultiTech in Simpson County. John Eaton, their plant manager, lives in Simpson County and has done a great job making the plant one of the best industries in our area. MultiTech was our Industry of the Year in Simpson County in 2022 and they continue to be a great corporate citizen for Franklin.”
Franklin Mayor Larry Dixon mentioned the company’s longstanding presence in the community: “MultiTech Industries has been in Franklin now for 10 years. I am very pleased that they have expanded and will be bringing some 20 new jobs to our city. The company is doubling the size of their 30,000-square-foot building to accommodate their additional growth. This is great news for Franklin.”
Franklin-Simpson Industrial Authority Chairman Gary Broady showed his excitement for the project: “We are very pleased that MultiTech has expanded at their facility in our Sanders Industrial Park. This Illinois-based company has been a great industry for our community, and we are glad to see them continue to grow.”
For more information on MultiTech Industries, visit MultiTechInd.com.
A detailed community profile for Simpson County can be viewed here.
Information on Kentucky’s economic development efforts and programs is available at CED.ky.gov. Fans of the Cabinet for Economic Development can also join the discussion at facebook.com/CEDkygov, on Twitter @CEDkygov, Instagram @CEDkygov and LinkedIn.
