Duotech Services, an engineering company that specializes in the repair and maintenance of legacy defense equipment, announced Tuesday it will expand its operations in the town of Franklin, a $6.5 million capital investment which will include 95 new jobs.Â
Duotech, part of the Bernhard Capital Partners portfolio, was established in 1982 and has operated in Franklin since 1986.
Duotech is a major supplier of maintenance and repair support services to components of the federal government. The company also designs, develops and manufactures products such as advanced radars for commercial and military applications.
The average annual wage for the new jobs will be $91,271 compared with Macon County average of $42,034.
The company has been made eligible for up to $845,100 in performance-based economic incentives over a 12-year period from the state's Job Development Investment Grant program.