The company has been in operation for approximately two weeks, according to General Manager Bud Beverly, working with a "skeleton crew."
However, Beverly said the company is in the process of hiring new associates and will continue to do so.
"We're hiring all the time," Beverly said.
Following the company's official ribbon cutting Tuesday, Beverly led those in attendance through the facility for a 20-minute tour.
In 2008, IVC Industrial Coatings, Inc., announced it was moving its world headquarters from Indianapolis to Brazil. Representatives with the business spent the better part of a year in negotiations to purchase the building that once housed MI Windows and Doors.
A deal to purchase the building was finalized in 2009.
IVC also has an existing powder division located at 2831 E. Industrial Park Dr., Brazil.
IVC has other locations in Arizona, Georgia and Michigan as well as China, Malaysia and the United Kingdom.
The company is a leading resource and supplier in powder, liquid and specialty coatings for commercial and consumer customers, including Bose, Dynamic Plastic Corporation and Herman Miller.