Novi, Michigan — According to state and local economic development sources Production Tool Supply Company plans to invest $70,000,000.00 to build out 211380 square feet of new space in Novi. The company is creating 85 new jobs at this facility. The company plans to occupy the new space in Novi, on or about September 1, 2020. According to the company website PTS Group is in the business of the distribution and warehousing of industrial tools and supplies to millions of customers across the United States. Founded in 1951, the corporate headquarters is located in Warren, Michigan. PTS Group consists of companies Production Tool Supply, Iowa Machinery, Jonas Supply, KM Tool, Marshall Tool, MRS Tool, NNT Company, Rex Supply, and Specialty Tool.

To learn more about Production Tool Supply Company, visit http://www.pts-tools.com/

Company Contact:
Mitch Bair, Chief Executive Officer
mbair@pts-tools.com
https://www.linkedin.com/in/mitch-bair-1b73bb73/
800-236-6020

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