# Continental Diamond Tool to expand New Haven facility, add 226 jobs

Continental Diamond Tool announced a $5.5 million expansion of its New Haven, Indiana facility, adding 15,000 square feet and creating up to 226 jobs over four years. The expansion began in late 2018 and is expected to be completed by July 2019.

- Type: Expansion
- Announced: 2019-05-09
- Where: New Haven, Indiana, United States
- Value: $5.50M
- Jobs: 226
- Starts operating: Jul 2019
- Status: under construction
- Capacity: 15,000 square feet
- Products: superabrasive cutting and grinding products
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Continental Diamond Tool Corp.](https://endata.com/companies/14961.md)

## Sources

- [fwbusiness.com](https://www.fwbusiness.com/fwbusiness/article_4689ad92-c236-59f9-922a-bde627fc7970.html), 2019-05-09: "We're growing quickly, and we expect that to continue."
- [aroundfortwayne.com](https://aroundfortwayne.com/news/2019/05/09/continental-diamond-tool-expanding-in-new-haven/), 2019-05-09: "We’re growing quickly, and we expect that to continue. This added space prepares us for the future."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.