An Italian maker of molds for the plastics industry is investing $17.6 million in the area and plans to create 109 jobs in the process.
San Polo di Piave, Italy-based INglass-HRSFlow recently agreed to terms with NAI Wisinski of West Michigan to purchase land to make hot-runner systems for plastic injection molding in Byron Center Township, at 720 74th St. SW, according to The Right Place, a regional economic development nonprofit, on Wednesday.
The company plans to create 109 jobs over the next four years.
INglass-HRSFlow, formerly named Incos, was founded in 1987.
The plant will establish the company’s first Michigan presence for its HRSFlow division.
The company chose Michigan to better support its local customers and ensure just-in-time delivery, prompt service and closer sales relationships.
Company President Maurizio Bazzo also said West Michigan was chosen “due to its strategic position in the plastic injection market.”
“In the following years, this decision will lead INglass and HRSflow to a growth equal or greater to the one that we achieved in the past,” Bazzo said.
“INglass knew what they were looking for,” said Kurt Kunst, partner, NAI Wisinski of West Michigan.
Kunst said the building will have “some very unique features, unlike any other building in West Michigan.”
INglass-HRSFlow has received a $300,000 Michigan Business Development Program performance-based grant from the state as part of a $4.52 million incentive package, according to The Right Place.
The Right Place, NAI Wisinski and Byron Township worked together to broker the deal with INglass-HRSFlow.
“This cohesive team was able to beat out several other states for the INglass business,” said Stan Wisinski, partner, NAI Wisinski of West Michigan.