HUNTINGTON, Ind. (Sept. 4, 2008) - Midwest Industrial Metal Fabrication, a maker of specialty sheet and component metal stampings, announced today it will expand its operations here, creating 33 new jobs by 2011.
The privately-held company, which specializes in stamping metal parts for industries ranging from defense to appliances, will invest more than $2 million to build and equip a 20,000-square-foot production center adjacent to its existing operation in the northeast Indiana city located approximately 30 miles southwest of Fort Wayne.
"Home-grown successes like Midwest Industrial Metal Fabrication are strengthening Indiana's economy and creating new opportunities for Hoosiers," said Governor Mitch Daniels.
Construction on the new facility will begin in October, and the company will begin adding welders and painters to its 49-person workforce ahead of the new facility's completion in January.
"Midwest is in its tenth year of business with continued growth and now with our new modern design of self-dumping grain trailers the need is great to add to our operation," said Blaine Kaylor, president of Midwest Industrial Metal Fabrication.
The news of the metal parts maker's expansion in northeast Indiana follows the company's award to build self-dumping grain hopper trailers for an out-of-state trailer customer.
The Indiana Economic Development Corporation offered Midwest Industrial Metal Fabrication up to $100,000 in performance-based tax credits and up to $27,500 in training grants based on the company's job creation plans. The city of Huntington will provide the company with property tax abatement.
"Huntington is very excited about the expansion and new job opportunities being created by Midwest Industrial Metal Fabrication," said Mayor Steve Updike. "We have a cluster of companies in this industry and a great workforce to offer. Blaine Kaylor is a super example of the entrepreneurial spirit that is alive and well in our community."
Midwest Industrial Metal Fabrication's announcement comes nearly two weeks after Fort Wayne-based dump truck bed designer and manufacturer Truck Engineering Ltd. announced its plans to expand its design and manufacturing operations, creating 28 new jobs by 2011.
Indiana's manufacturing industry was rated sixth in the nation and given an overall "A" grade, the highest ranking in the Midwest, according to a 2008 National Manufacturing and Logistics Report Card published by Conexus Indiana. The report concluded Indiana's manufacturing and logistics industries are "healthy vibrant and growing."
About Midwest Industrial
Midwest Industrial Metal Fabrication Inc. is a precision metal fabrication company established in 1999. Growing quickly to meet the needs of its customers, the company has expanded its staff and facilities, as well as its capabilities, to include CNC machining, paint, and powder coat. Midwest Industrial Metal Fabrication serves customers from California to New York and operates its own fleet of trucks to deliver to customers in neighboring states. For more information about Midwest Industrial Metal Fabrication, visit http://www.midwestimf.com/.
Created by Governor Mitch Daniels in 2005 to replace the former Department of Commerce, the Indiana Economic Development Corporation is governed by a 12-member board chaired by Governor Daniels. Indiana Secretary of Commerce Nathan Feltman serves as the chief executive officer of the IEDC. Since Daniels created the IEDC, the state has posted three consecutive years of record-breaking commitments for new jobs. For more information about IEDC, visit www.iedc.in.gov.
Blaine Kaylor (Midwest Industrial) - 260.356.5262
Mitch Frazier (IEDC) - 317.232.8873 or MFrazier@iedc.in.gov
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