Fortville-based Genesis Plastics Welding plans to invest over $3.3 million to expand its existing production facility east of Indianapolis, adding the capacity for as many as 54 new employees by 2014.
Genesis, which serves equipment manufacturers in the medical, military, automotive and consumer products industries, plans to add 16,000 square feet of space to its 26,000-square-foot building, including a certified medical “clean room.”
The expansion, which is in progress, will double clean manufacturing production space to accommodate Genesis’ fast-growing medical contract manufacturing business. Construction is scheduled to be completed by December 2011.
Founded in 1987, the company now employs 65 workers who make products including helmet padding, blood pressure cuffs, inflatable fluid bladders, hot and cold therapy packs, compression therapy sleeves, medical instrument covers, disposable heating blankets and drainage bags.
Genesis is accepting applications for production workers and plant supervisors.
Indiana Economic Development Corp. offered the firm up to $340,000 in performance-based tax credits based on the job-creation plans. The town of Fortville will consider additional property tax abatement at the request of the Hancock Economic Development Council.