FOR IMMEDIATE RELEASE
Noblesville, IN – September 28, 2018 – MPP, a Mill Point Capital portfolio company, announced today that it will be relocating their MIM (Metal Injection Molding) operations to Noblesville, IN. The facility will be a part of the MPP Campus that is also home to their Global Headquarters.
The move will allow for expansion of the current operations with a significant increase in manufacturing capacity utilizing 42,000 sq. ft., which doubles the existing manufacturing floor space. Technical capabilities will be enhanced by the addition of new processing methods. The site will also be home to MPP Additive Manufacturing.
“MPP views MIM (Metal Injection Molding) as an opportunity for fantastic growth. MPP is investing in our Noblesville, IN facility to make it the state of the art leader in MIM (Metal Injection Molding)”, Dennis McKeen, CEO of MPP commented.
MPP supplies MIM components into various markets touching the lives of millions every day.
Headquartered in Noblesville, IN, MPP is a leading global provider of custom-engineered Powder Metallurgy/Metal Injection Molding (MIM) solutions for industrial applications. The company is a leader in the innovation of material formulation, sintering, densification and powder metallurgy joining techniques. The company’s eight production facilities in the U.S. and China specialize in the production of various components, including custom-engineered gears and sprockets, complex structural parts, high strength aluminum parts and components requiring unique mechanical and physical properties, for use in high stress, wear and magnetic applications. For more information, please visit www.MPPinnovation.com. MPP is a portfolio company of Mill Point Capital.
About Mill Point Capital
Mill Point Capital is a middle-market private equity firm focused on control-oriented investments in the business services and industrial sectors. The firm works with executive partners to leverage its investment professionals’ experience while providing strategic and operational guidance to drive long-term value creation in its portfolio companies. Mill Point is based in New York, NY. For more information, please visit www.millpoint.com.
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