HTI Cybernetics in Sterling Heights to Invest $20.6M in Expansion
HTI Cybernetics Inc. is expanding its manufacturing operations and headquarters with a $20.6-million investment.
Photo courtesy of HTI Cybernetics Inc.
Sterling Heights-based HTI Cybernetics Inc., a provider of automated and robotic welding systems, will expand its manufacturing operations and headquarters with support from the Michigan Strategic Fund, the Michigan Economic Development Corp. (MEDC) has announced.
The project is expected to generate total private investment of $20.6 million and create 100 jobs over five years. Michigan was chosen for the expansion over sites in Mexico and Canada.
“HTI is a longstanding employer in Sterling Heights, and the company’s decision to expand there rather than Mexico or Canada means good jobs for Michigan residents and underscores the strength of the state’s high-tech manufacturing talent,” says Jeff Mason, CEO of MEDC. “We’re pleased to work with our local partners and support this investment, and we look forward to working with the company as it continues to develop automated welding solutions.”
HTI Cybernetics also offers assembly solutions and operator ergonomic devices. The Michigan Strategic Fund awarded the company a $600,000 Michigan Business Development Program performance-based grant.
“HTI is committed to the success of our business, and as part of this commitment, I am pleased to announce our largest-ever building acquisition that will allow us to support future expansion,” says Joe Keppler, vice president and CFO of HTI Cybernetics. “With this being a brand-new building, we are designing the space to improve our organizational efficiency, create a more collaborative environment between cross-functional teams, and optimize the customer experience. This is yet another great milestone in HTI’s history and will be one that has an impact for many years into the future as we continue to call Sterling Heights our home.”
The city of Sterling Heights offered a 50-percent property tax abatement in support of the project.
“I am very excited that HTI Cybernetics will continue to call Sterling Heights home,” says Michael Taylor, mayor of Sterling Heights. “HTI has been in our city for decades, expanding and hiring new employees on many occasions, and we have always been there to partner with them each time. We can’t wait to assist them on this significant manufacturing headquarters project.”
MEDC is the state’s marketing and business attraction arm.