Last updated on July 2nd, 2019 at 10:59 am
Milwaukee-based HellermannTyton North America plans to expand its Good Hope Road manufacturing facility by at least 50,000 square feet and add up to 125 jobs in the next five years.
HellermannTyton has been manufacturing in the 92,000-square-foot space at 6701 W. Good Hope Road since April, and has moved expansion plans forward to meet expected growth in the region. It is one of the company’s three Milwaukee locations.
The expansion will consolidate molding operations and allow the company to meet its projected growth needs in the next several years. Moving some molding work from its Faulkner Road headquarters will allow HellermannTyton to add a technical center for research and development and expand its mold manufacturing department and quality assurance lab at the headquarters.
There are 152 employees at the Good Hope facility, and at least 50 more will be added in the next two years. It houses injection molding operations for specialty fasteners, as well as automation, maintenance and support.
HellermannTyton received a $2.75 million loan from the Milwaukee Economic Development Corp. to help finance its purchase of the building. In addition to the $3.4 million cost to purchase the building, the company’s $6.7 million investment also included renovations and new equipment.
HellermannTyton’s North American headquarters is in Milwaukee. The company is in 34 countries and has 3,200 employees worldwide. There are about 600 HellermannTyton North America employees.
The company manufactures high performance cable management solutions used for fastening, identifying, protecting, organizing, routing and connecting components in the electrical, automotive and datacom markets.