Edinburgh, IN: CL Tech, Inc., a precision, high-volume CNC machine shop, announced plans today to expand its operations here, creating up to 30 new jobs by 2018.
The homegrown-Hoosier company will invest $4.8 million to construct and equip a 6,500 square-foot addition to its Edinburgh facility, installing CNC lathes, mills, robotics, cold roll spline and thread rolling processes. Bringing its total operations to 13,000 square-feet by December 2015, the company expects a 35 percent growth in sales with its expansion.
FairWinds Advisors was retained in order to assist with site selection, incentives negotiation and compliance.