Lebanon, Ind. -- Tooltechnic Systems, LLC, dba Festool, ("Festool") today announced its intent to more than double its current facility in Lebanon, creating up to 55 new jobs and investing more than $6.8 million.
Festool, a high end power tool manufacturer, relocated its U.S. national headquarters facility from California to the Lebanon Business Park in 2006. At its Lebanon facility, Festool manages its sales and operations staff and operates a workshop for its distributors and end users.
"The expansion announcement by Festool continues to tell the wonderful story of doing business in Lebanon, Indiana," said Lebanon Mayor Huck Lewis. "I take pride knowing Festool chose Lebanon, and I am certainly excited to hear the company is expanding. I look forward to Festool’s continued growth for many years to come."
"Festool is proud to announce plans for the expansion of our US headquarters in Lebanon, more than doubling our current facilities," says Brian Goldthorp, CFO of Festool. "Our continued growth as a leader in the international premium power tool industry has afforded us the need to add more employees and space. As a family owned business, we couldn’t be more excited to continue this growth in such a fantastic community, and we look forward to continuing our partnership with our community leaders and Lebanon families for years to come."
Festool plans to begin their hiring and expansion process over the next four to five months.
About Festool USA:
Festool manufactures some of the highest quality power tools and equipment on the market. Their dedication to this high standard goesback nearly a century. Festool equipment dealers can be found all across the United States. More information on Festool and their equipment can be found at http://www.festoolusa.com/.
About the Boone EDC:
The Boone County Economic Development Corporation (Boone EDC) strives to give consultants and business leaders the information needed to succeed when expanding or relocating their business to Boone County, Indiana and the Indianapolis Metropolitan Region. To learn more about the Boone EDC, visit www.BooneEDC.org.
Source: Boone County Economic Development Corp.