Mid Valley Industries, a Kaukauna precision machine and fabrication shop that serves the paper, oil and gas, power generation and mining industries, is expanding by 25,000 square feet, nearly doubling in size. The company is currently 30,000 square feet. The expansion will allow Mid Valley to nearly double its employment in the next three years, said Doug Pribyl, vice president.
Mid Valley has 82 employees. It will hire 24 to 25 workers during the third and fourth quarters of the year and an additional 25 workers in 2009 and 2010, he said. The expansion is expected to be completed by early October. "We’re bursting at the seams," Pribyl said. "We have excellent customers who keep us very busy and they want more from us. We’re also bringing in some equipment that we don’t have that will give us higher capacity and higher tolerances."
One of Mid Valley’s new machines will be the largest wire cut EDM machine in North America. "That’s brand new technology that we don’t have now," Pribyl said. Many of the jobs that Mid Valley takes on require oversized machinery and cranes to support them, Pribyl said, which also takes highly skilled operators.
Mid Valley’s revenues are anticipated to rise by about 20 percent this year, largely because of the increased capacity and new technology. "The last part of the year will be heavier in growth than the first part," Pribyl said. "We’re on the front end of the expansion now. As it comes online and we have more capacity, we’ll have more growth by the end of the year."
The project is expected to cost about $4 million. Mid Valley recently received $437,000 in Enterprise Development Zone Tax Credits from the state Department of Commerce.