Kreate, Nickolas Asset Management Invest $100M in Ohio Plant
Tiffin, Ohio – September 07, 2026 -- Nickolas Asset Management and Kreate will invest $100 million in a 542,000-square-foot advanced manufacturing facility at 458 Second Avenue in Tiffin, Ohio, creating approximately 120 jobs. Production is scheduled to begin October 1, 2026, with the first machines already delivered to the site.
Facility deploys 32 ENGEL molding machines with AI-driven quality control
The plant will operate 32 new ENGEL injection-molding machines equipped with iQ weight-control technology, integrated with pick-and-place robots, FANUC collaborative robots, autonomous guided vehicles and automated packaging. Krevera's read-write computer-vision AI platform will connect production equipment, quality systems and factory operations, inspecting output and enabling machines to make autonomous real-time corrections.