Milacron to invest estimated $5 million to consolidate DME product brand

Milacron (Cincinnati, OH) has announced that DME Co. LLC, a wholly owned subsidiary, will expand its Greenville, MI, manufacturing facility, investing $5 million and creating up to 70 full-time jobs. This initiative was made possible in partnership with The Right Place Inc., a non-profit economic development organization, and Montcalm Economic Alliance, in collaboration with the Michigan Economic Development Corp. (MEDC) and the City of Greenville.

This expansion and investment follows the recent decision to close a DME facility in Youngwood, PA. Milacron plans to consolidate operations of its mold technology manufacturing and fabrication at its Greenville location. In addition to the consolidation, Milacron plans to make significant investments to expand the plant's capabilities.

“By consolidating our machining operations into one single U.S. location, we can target our investment funds, building a world-class facility in Greenville to support our growth plans,” said Peter Smith, Milacron DME President and General Manager. “Throughout this process, the Montcalm Economic Alliance and the MEDC have been extremely valuable resources in launching this new phase of the company.”

Milacron had been considering the option of consolidating the Greenville plant to the Youngwood facility, as well.

“This project wasn’t just an expansion of a company in Greenville, it was the retention of a company, as well,” said Rob Spohr, Vice President for Academic Affairs of Montcalm Community College, and current Chair of the Montcalm Economic Alliance. “We won this project with collaboration, a solid business case and a collective determined effort at the state and local level, to ensure Milacron stayed in Montcalm County.”

The MEDC is supporting the new development with the approval of a $490,000 Michigan Business Development Program performance-based grant. In addition, the city of Greenville is considering the approval of a PA 198 local tax abatement in support of the project.