CLARKSVILLE, IN (October 29, 2024) – Precision Automation Company, Inc. (paco manufacturing) will undergo expansion as they merge their New Jersey-located manufacturing operation to Clarksville, Indiana, which will more than double their throughput capacity. In addition to relocating 15 pieces of production machinery and support infrastructure from the New Jersey location, the project involves a total capital investment of $157,017 and will create approximately 14 new full-time positions by 2025. The company has 14 associates at its current location. The move also includes ongoing training for new business activities with $153,000 in expected total training expenditure by 2025.
Since 1946, Precision Automation Company, Inc. has provided high quality Automation Systems, Contract Machine Work, Fabrication, Machinery, Controls, and related integration services that improve productivity for their customers. Additionally, they work with several industries such as pharmaceuticals, food and beverage, warehousing and distribution centers, and consumer goods. Now, they will continue to serve a diversity of markets both domestically and globally by expanding their Clarksville operation which has been in Indiana since 1953 and the current Clarksville location since 1968.
Robert Daily, paco manufacturing vice president, shares “We look forward to our expanded operations in Clarksville, Indiana. This expansion marks an exciting new chapter for our company as we integrate our New Jersey-based manufacturing operation into our Indiana facility. We are committed to investing in our local community by offering competitive wages and training to contribute to our employees’ success. We are excited to increase our capacity, continue providing high quality products to our customers, and watching Clarksville grow stronger because of our efforts.”
Based on the company’s Indiana job creation plans, the Indiana Economic Development Corporation (IEDC) committed an investment in paco manufacturing of up to $130,000 in the form of incentive-based tax credits. These tax credits are performance-based, meaning the company is eligible to claim incentives once Hoosiers are hired.
“Indiana’s rich tradition of manufacturing excellence remains strong today thanks to the commitment of companies like paco manufacturing,” said Ann Lathrop, chief strategy officer at the IEDC. “Indiana has a robust ecosystem of manufacturers statewide that are developing new innovations and supporting high-quality careers, investing alongside our state and communities to create a better future for Hoosiers.”
Clarksville Town Manager Kevin Baity said “Clarksville is proud to welcome the expansion of paco manufacturing to our community. With significant investment and the creation of new, high-paying jobs, paco is not only contributing to our economy, but also enhancing Clarksville’s reputation as a hub for innovation and industry. We look forward to their continued success and are excited to support their growth in our community.”
“We are delighted about the expansion of Precision Automation in Southern Indiana,” said One Southern Indiana CEO and President Lance Allison. “The move underscores the attractiveness of our business and economic development environment and the strong network we offer to companies looking to grow in the region.”
About PACO manufacturing
Since 1946, Precision Automation Company, Inc. and paco manufacturing provides high quality Automation Systems, Contract Machine Work, Fabrication, Machinery, Controls, and related integration services that improve productivity in our customers’ manufacturing and product handling processes. As an ISO 9001:2015 Certified Company and business certified by ISNetworld, they are held to the highest standards of quality in their industry. It is their commitment to continuously improve performance and capabilities in order to maintain their competitive edge.
About One Southern Indiana
One Southern Indiana (1si) was formed in July of 2006 as the economic development organization and chamber of commerce serving Clark and Floyd counties. 1si’s mission is to help businesses innovate and thrive in the Southern Indiana / Louisville metro area via the three pillars of Business Resources, Economic Development, and Advocacy. For more information on One Southern Indiana, visit www.1si.org.