Maki Precision Machining opening in LaPorte | Northwest Indiana Business Headlines | nwitimes.com

2022-09-10 03:58:35 By : Ms. Monica Liu

Get the latest local business news delivered FREE to your inbox weekly.

The LaPorte City Hall is shown.

A new machining firm is opening in LaPorte.

Maki Precision Machining, LLC recently purchased a building at 720 Boyd Boulevard that it's looking to equip for manufacturing.

“The City of LaPorte prides itself on being a business-friendly community. We consistently work with businesses both big and small and strive to make sure opening here is an efficient and enjoyable experience. We know communities across the country are competing for this type of development and we have no problem letting them know we are here to win,” LaPorte Mayor Tom Dermody said.

The company makes parts and components for the firearms and medical device manufacturing industries.

“As a longtime resident and business owner, I am incredibly pleased to be able to bring this new venture to LaPorte,” said Jeff Maki, the president of Maki Precision Machining.

The company is buying about $1 million in new manufacturing equipment it plans to install at its new location in LaPorte.

“LaPorte values our long-term relationships. We have worked with Jeff Maki and his team for many years in his various other companies and the trust that has developed gives us great confidence this, too, will be a successful venture," LaPorte Economic Advancement Partnership Executive Director Bert Cook said.

LaPorte is offering the company a five-year property tax abatement as an incentive for the investment and job creation. Maki Precision Machining will save an estimated 50% on property taxes on the new equipment it's installing at the plant.

Get the latest local business news delivered FREE to your inbox weekly.

Joseph S. Pete is a Lisagor Award-winning business reporter who covers steel, industry, unions, the ports, retail, banking and more. The Indiana University grad has been with The Times since 2013 and blogs about craft beer, culture and the military.

Email notifications are only sent once a day, and only if there are new matching items.

NWI Business Ins and Outs: Rosebud Steakhouse, Sweet-N-Smooth, Fisherman's Island, Twisted Sugar and Crumbl opening

The next phase of work on the Borman Expressway will include several ramp closures in September.

The Northwest Indiana Influential Women Association, a group dedicated to the professional advancement of women in the Region, will soon give out its annual awards recognizing leading women in business in Northwest Indiana.

The United Steelworkers union said U.S. Steel's proposal falls short of the tentative agreement it reached with Cleveland-Cliffs.

The union fears steelworkers would not be able to get coverage from a number of Northwest Indiana healthcare providers, including Community Hospital, Pinnacle Hospital, St. Catherine Hospital, St. Mary Medical Center, Community Health Network, Northwest Health, UChicago Medicine, Northern Medicine, Loyola University, LaPorte Hospital and Pulaski Memorial Hospital. 

U.S. Steel has idled a tin line at the Gary Works steel mill.

Centier Bank named new branch managers at two Gary branches.

Methodist Hospitals named a new director of Women’s and Children’s Services.

U.S. Steel is saying its latest offer is financially responsible for a cyclical industry while the United Steelworkers union said the new offer is weak and barely an improvement over the last proposal.

The United Steelworkers union and Cleveland-Cliffs reached a tentative agreement for its mining ad pelletizing workers.

The LaPorte City Hall is shown.

Get up-to-the-minute news sent straight to your device.