Forming Technologies is a heavy gauge thermoformed products company seeing a significant increase in business over the last few years, resulting in an expansion in Muskegon’s Port City Industrial Park.
The new facility will also serve as the company’s corporate headquarters.
Forming Technologies anticipates the project will result in capital investment of $18 million and the creation of 70 new jobs along with the retention of 91 jobs.
Of the 70 new positions, 24 have starting wages between $25 and $42 per hour plus benefits, which is above the Regional Median Wage of around $22 per hour.
A spokesperson says the company was considering South Bend, Indiana, for the expansion, but with the respect the company has for the talent in West Michigan, along with support from the Michigan Strategic Fund, the company chose to move forward in Muskegon.
Due to the importance of this expansion to the local community, the City of Muskegon anticipates approval of a real property tax abatement in support of the project.
