Tube-maker picks Middletown
Metal-Matic plans to add 20 new jobs, start fall production.
By Chelsey Levingston, Staff Writer 7:44 PM Monday, April 30, 2012
Metal-Matic plans to open its new Middletown facility in September, starting with up to 20 new employees and plans to increase to 200 new jobs in coming years, company officials told this newspaper Monday.
The deal closed April 25 for Metal-Matic to buy one of the former MISA Metals plants from Worthington Industries, said Robert Baldauff, vice president of operations for the manufacturer.
Metal-Matic, a Minnesota-based maker of carbon steel tubes for the automotive, appliance and construction industries, said the Middletown location was ideal for its proximity to steel suppliers and customers, and the quality of the facility, Baldauff said.
“The deal is done and we’re proceeding with the appropriate things to get a plant in operation,” he said. “Most of the obstacles are behind us and we’re proceeding with equipping the plant with people and machinery.”
The company is hiring for engineering and maintenance workers now and has already begun installation of equipment, he said. The company has said it estimates total employment to reach about 200 employees over the next decade, but it will take about 12 to 20 workers to open the plant.
Bruce Petschen, an employee of Metal-Matic for 18 years, has been named plant supervisor.
The Middletown Journal reported the company has received tax incentives of more than $500,000 from the city and state to purchase the 245,000-square-foot facility and open operations. The City of Middletown approved a 7-year Job Creation Incentive Grant valued at $254,000. The Ohio Tax Credit Authority approved a 55 percent, 7-year job creation tax credit valued at approximately $292,000.
Metal-Matic is one of about 10 businesses off Yankee Road in Middletown that have opened or expanded in 2011 or have plans to in 2012.
Two MISA Metals plants closed about a year ago after MISA Metals and Worthington Steel formed a joint venture to make steel building materials. Some of the equipment was moved to Worthington Steel’s operations in Monroe. Worthington Steel is part of Columbus-based Worthington Industries.
Metal-Matic specializes in welded and cold-drawn carbon mechanical steel tubing.