Perham-based Swan Machine Inc. is building a $1.9 million addition to its Grand Rapids factory, state officials announced Wednesday.
The precision-machine components-manufacturer plans to add 13,000 square feet and hire another 30 employees over three years. The expansion, which is expected to include some equipment upgrades, will allow Swan to meet customer orders faster. The company currently makes gun parts, paint spray equipment, electronic housings, semi-trailers and agricultural equipment.
The state is helping Swan expand by providing a $191,479 rebate grant from the Minnesota Job Creation Fund.
The job creation grant is overseen by the Minnesota Department of Employment and Economic Development. The grant will be issued after Swan has completed its investment and hiring commitments, state officials said. The new jobs created are expected to pay an average $16 an hour.
Swan and its sister company, Kit Masters, currently employ more than 150 people in Perham and Grand Rapids.
CEO Darrin Swanson was named Minnesota Small Business Person of the Year by the U.S. Small Business Administration in 2012.