Nachi to add 43 jobs in Greenwood within next six months

The Daily Journal of Johnson County

A Greenwood tool and machine parts manufacturer is planning to add up to 43 jobs in the next six months by consolidating operations currently in two other states.

Nachi Technology has asked the city for a 10-year tax abatement on nearly $2.5 million in equipment needed for the expansion, cutting their taxes more than $100,000 over the next decade.

The company would hire 33 to 43 additional workers on top of the 99 people currently employed at the facility at 715 Pushville Road when it combines operations from facilities in Michigan and North Carolina.

Those workers would be paid an average salary of about $41,000, according to paperwork the company filed with the city.

The company, which manufactures and sells tools, bearings, hydraulics and machine parts, first located in Greenwood in the late 1980s. The facility was expanded in 2005, when a distribution company owned by the same parent corporation relocated to Greenwood.

With the new addition, work is expected to begin in the fall to remodel parts of the facility, including new flooring and electrical equipment. As part of the project, the company also is planning to move its warehouse and sales staff to Greenwood, which will require additional office space and remodeling of the current building.

Work will start in the manufacturing section of the facility, followed by the warehouse area and sales, the company's paperwork said.

Company officials expect the expansion will be complete in the next six months.