PARIS: A provider of advanced metal processing technology solutions plans to open its first North American facility in Pontiac, earning a $250,000 Michigan Business Development Program performance-based grant in the process.
Bmax USA, LLC, is investing more than $4.3 million and creating 26 jobs at the location, which was chosen over a competing site in Ohio. The company specializes in magnetic pulse forming, electro-hydraulic forming, magnetic pulse welding and magnetic pulse crimping and expansion, according to its website.
BMax plans to move in to suite 100 at 777 Enterprise Drive in Pontiac soon, with operations up and running within a month or two.
The grant, approved by the Michigan Strategic Fund (MSF), was one of three announced this week by the Michigan Economic Development Corporation (MEDC).
