GMM plans expansion in Independence
INDEPENDENCE, Iowa — Greater Machining & Manufacturing Co. (GMM) is investing $2.5 million to expand its production capacity, purchasing machinery and equipment and upgrading its research and development activities.
GMM has been servicing the aerospace, electronics and high-tech industries since 1962. The company offers a variety of secondary manufacturing processes that help eliminate the need to send machined and fabricated parts to multiple vendors.
The Iowa Economic Development Authority awarded the company tax benefits through the High Quality Jobs Program to create four jobs, two of which are incented at a qualifying wage of $15.53 per hour.