Precision Products pinpoints manufacturing growth in Carmel, Fort Wayne
CARMEL and FORT WAYNE, Ind. — Precision Products Group will relocate its headquarters to Carmel, and expand its existing manufacturing operations in Fort Wayne.
Between its new headquarters and manufacturing subsidiaries, Precision Products Group plans to create up to 18 new high-wage jobs by 2017.
The company, which owns several manufacturers specializing in small diameter specialty shaped tube products, will move its headquarters this month into a 3,402-square-foot office at 10201 N. Illinois St. in Carmel, which will initially house seven employees with plans to grow.
“Expanding our production facilities in Fort Wayne has positioned us to reach a new segment of customers while allowing us to provide innovative solutions to our existing clientele,” said David Hooe, president and CEO of Precision Products Group. “Relocating our corporate office to Carmel provides a centralized location with a strong talent pool and cost effective environment.”