FRANKFORT, Ky. — MultiTech Industries, a provider of engineered metal components and assemblies, announced plans to expand its Franklin, Ky., 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. Andy 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 Carol Stream, Ill.-headquartered company will be doubling its 30,000-s.f. Franklin square footage for additional capacity, technologies and capabilities within the progressive stamping manufacturing product line to better serve MultiTech’s customers and employees in the region, increases its U.S. manufacturing footprint and add jobs and opportunities in Simpson County.
“This marks another significant milestone for our company,” said MultiTech Industries President Anthony Falcone. “Our Franklin, Ky., 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.
“We are very fortunate to have MultiTech in Simpson County,” Simpson County Judge/Executive Mason Barnes said. “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.”
