Böttcher America Corp., a manufacturer of printing and industrial materials, announced plans today to expand its operations in Tipton, creating up to 35 new jobs by 2014.
The company, which produces printing gear for the graphic arts, packaging and converting industries, will invest $2.1 million to purchase new equipment and expand its manufacturing capabilities with a 30,000 square-foot addition to its current facility.
Böttcher, which currently has 40 full-time employees in Indiana, plans to begin hiring machine operators, warehouse, technical and supervisory associates next year.
"As our packaging and industrial roller business continues to grow, it has become necessary to expand our offering of compounds and add new equipment capable of handling larger sized rollers," said David Dinsmore, president of Böttcher America. "We looked at various options and decided to expand our existing facility because of its proximity to our Midwest customer base and because of the support we get from the town and county of Tipton."
Böttcher was founded in 1878 in Leipzig, Germany, and began manufacturing gelatin printing rollers. In 1983, Böttcher established Böttcher America near Baltimore, and in 1997 added a second manufacturing facility in Tipton.
The Indiana Economic Development Corp. offered Böttcher up to $180,000 in performance-based tax credits and up to $24,500 in training grants based on the company's job creation plans. The city of Tipton initially approved an additional property tax abatement and a $100,000 loan from the city's revolving loan program.