A Milford-based manufacturer says it will break ground on a new 85,000-square foot plant this summer.
Hitchiner Manufacturing casts parts for the aerospace, defense and automotive industries. It announced Thursday it will build a new $50 million facility on its Elm Street campus.
Company officials say the expansion wouldn’t have been possible without the support of local and state officials.
“The company looks forward to working along with state and local government to continue to improve New Hampshire’s business environment in order to ensure a strong economy for current and future generations,” said CEO John Morison.
Earlier this year, voters in Milford approved a warrant article that gives a five-year property tax discount for industrial companies that build or renovate facilities in town.
Hitchiner currently employs approximately 675 people in Milford, and expects to add 85 workers in the new facility. The company, which also operates a plant in Mexico and an office in France, says it still needs to secure financing as well as permits for the project.
Governor Chris Sununu as well as other state officials were on hand for the announcement.
Correction: An earlier version of this story incorrectly stated that Hitchiner operates a plant in France. The company has an office in France.