Hitchiner announces expansion
Hitchiner Manufacturing Co. Inc. announced plans to expand its New Hampshire operations with the construction of a new, 85,000-square-foot facility on the company’s Elm Street Campus.
The building represents a multi-phased $50 million capital investment and will house operations to support new growth in markets Hitchiner currently serves. The investment is contingent on securing financing and permits from the town and state.
Hitchiner expects the investment will also eventually create an estimated 85 local jobs. The expansion will help ensure the future of Hitchiner’s current operations in the state.
“Expanding in New Hampshire would not have been possible without the support of state and local government. Businesses planning to start-up or expand in the state today face important challenges. The high cost of energy in New Hampshire can be an especially high hurdle, particularly for manufacturing companies,” said Hitchiner chairman and CEO John H. Morison. “Fortunately, Hitchiner was able to work through these challenges with the governor’s office and the Town of Milford. ”
The expansion is scheduled to begin in the middle of 2018.