Hundreds of jobs are expected to come to Georgia when a San Francisco-based company opens a production facility in Cobb County.
Plethora has purchased a 57,000-square-foot building at 1255 Kennestone Circle in Marietta where it will set up shop in June. The company, which launched in 2012, also said it will invest more than $17 million in the building.
Plethora uses CNC milling machines to make custom parts for products in a variety of industries such as aerospace, defense, robotics, medical, automotive and consumer goods.
Plethora said the move will generate 250 jobs for Cobb. Jim Quinn, Plethora president and CEO, said the company will only offer full-time positions at its Cobb plant. Those positions, which will range from senior account executives to CNC programmers to machinists, will offer "competitive" pay and a comprehensive benefits package that will include equity in the company, the CEO said. Quinn added that Plethora is eager to tap into metro Atlanta's workforce.
“We’re always listening to and learning from our customers, and our second site will help us expand our already exceptional customer service,” he said in a press release. “Atlanta is a major transportation hub and gives us more opportunities to manufacture parts where it makes the most sense for our customers’ needs.”
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The company is working with Lanier Technical College, Georgia Tech and Kennesaw State University to connect with qualified workers who would like to join its ranks.
Stefanie Harper, director of communications with the Georgia Department of Economic Development, said the state is finalizing a memorandum of understanding with Plethora, so details about the tax incentives the company will receive to expand to Cobb will be released once the deal is finalized.
Dana Johnson, executive vice president of economic development for the Cobb Chamber of Commerce and executive director of SelectCobb, said the county is excited to have Plethora make its second home in Cobb.
“Plethora will bring high-demand advance manufacturing jobs to the skilled workforce that exists in Cobb and the metro-Atlanta region,” Johnson said. “In addition to jobs, Plethora brings a spirit of innovation and a vision to empower inventors and engineers, and that’s a major win for Georgia.”
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