Plastic injection firm planning to invest $13.3 million in plant
CAPAC — Following months of vacancy after the departure of Keihin North America, the automotive facility on Koehn Road north of I-69 will be seeing new life when a new tenant opens their doors for business within the next few weeks.
Ontario-based Axiom Manufacturing will be opening their first U.S.-based facility in Capac with plans to hire at least 200 people.
The plastic injection manufacturer plans to invest $13.3 million in the business venture and according to the company’s website, has already secured $50 million in new business.
The company first announced their intentions last May and are planning to open the Capac facility sometime in March.
Capac Village Manager Travis Youatt said the factory’s re-opening could mean a shot in the arm for Capac economically, while providing jobs for local residents, including those that were laid off from the previous employer.
“There was a lot of work put in by several agencies, including the St. Clair County EDC and the Michigan EDC, to make this happen,” Youatt said. “Council has agreed to give the company a 12-year tax break which was key in making this deal happen.
“We feel there are other positives that will benefit us and hopefully help get some people back to work,” Youatt continued. “The company has said they are interested in hiring locally, as much as possible.
“Axiom has manufacturing facilities in Canada and Mexico and will soon be opening its first United States facility in the Capac area.”
Youatt feels that once the new manufacturer is up and running, the entire area along Capac Road is going to develop.
“The utilities are there and there are several hundred acres of development-ready land waiting to be used,” Youatt said. “It’s an exciting time and Capac stands to benefit from the anticipated growth.”
The company has already hired a handful of personnel who in the coming weeks will help to get the facility up and running again.