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FREMONT, Ind. (August 10, 2012) — LaGrange Products Inc. will be requesting a tax abatement from the Fremont Redevelopment Commission.
The request will be made at Tuesday’s meeting, which will take place at 10 a.m. at the Fremont Town Hall, 205 N. Tolford St.
Fremont Town Manager Chris Snyder said the company, 607 S. Wayne St., is making the request to acquire more manufacturing equipment to stay competitive in its market. LaGrange Products, which is celebrating its 50th anniversary,…
ANGOLA, Ind. (June 11, 2012) – Indiana Marine Products has been manufacturing components for the recreational vehicle industry for nearly three decades. The last thing Mike Peters saw himself doing when he and his venture capital partners acquired the company in 2003 was taking over day-to-day operations. Yet after spending several months at the facility in Angola, Mike and his partners were faced with a decision – divest of the asset, which may have included shuttering the doors or…
STEUBEN, Ind. (May 15, 2012) - Steuben County Council approved a $1.25 million loan to Indiana Northeastern Railroad for track improvements at its May 15, 2012 meeting. Approval follows several months discussion regarding the need to upgrade sections of rail between the Dekalb County line and Michigan State line. Approximately five of the 18 miles have already been upgraded from 85 lbs. rail to 115 lbs. rail. The remaining 13 miles will be completed before the end of the year, thanks…
ANGOLA, Ind. (April 10, 2012) — Persistence paid off as the Steuben County Aviation Board and elected officials finally broke ground on a hangar/terminal at the Tri-State Steuben County Airport Monday.
The hangar/terminal will cost around $1.6 million and will provide year-round access so jets and airplanes don’t ice up in the winter. It will include part of the the second floor that will include a pilot’s lounge and an elevator to access that level.
The aviation board has been trying…
HAMILTON, Ind. (March 17, 2012) — A Hamilton company is expanding and expects to add 40 jobs this year, officials said.
AZZ Galvanizing at 7825 S. Homestead Drive plans to invest $2 million on an 18,000-square-foot building expansion and up to $4 million on new machinery and equipment, company officials told the Hamilton Town Council Thursday. The council granted a property tax abatement on the new investment.
The Hamilton plant will add the 40 new hires to its current workforce of 82…
ANGOLA, Ind. (March 16, 2012) - The Steuben County Economic Development Corporation along with the Steuben County Industrial Guild recognized 11 businesses today during the 2011 Excellence in Business luncheon. Manufacturers from across the county were recognized for their investment in Steuben County. The success, growth and retention of these 11 companies resulted in nearly $13 million invested in equipment, 184 new jobs, 225 retained jobs and four vacant buildings now…
FREMONT, Ind. (February 23, 2012) — For the first time in years, two new businesses are getting ready to open in Fremont on the main street at the same time, while a longtime anchor store closed.
Fremont Town Manager Chris Snyder announced at Tuesday’s regular meeting of the Fremont Town Council that Stroh’s Furniture, 106 W. Toledo St., closed after more than 50 years. The business was purchased by an Ohio couple, Jason and Kerry King, who plan to open another furniture store.
ANGOLA, Ind. (February 23, 2012) — The Steuben County Industrial Guild is getting a spark.
At Tuesday’s meeting, the Steuben County Economic Development Corp. Board of Directors appointed Jessica Christen to serve on the industrial guild’s board. Christen, an SCEDC employee, has been working with guild leaders on organizing events and restructuring the floundering group. It is re-establishing its corporate status with the Indiana Secretary of State’s office and its non-profit status…
ORLANDO, Fla. (February 13, 2012) — Vestil Manufacturing Corp., Angola, was named a 2011 Supplier of The Year at the recent Fastenal Employee Industrial & Construction Expo.
Fastenal is one Vestil’s top customers. This is the second time Vestil has achieved the honor in the last three years.
“Receiving the award was a testament to the hard work and dedication of all Vestil employees who made it possible,” said Vestil vice president Ken Schneider.
Fastenal has over 3,000 suppliers who…
ANGOLA, Ind. (December 8, 2011) — Scott Fergusson wants students at Trine University’s Ketner School of Business to have hands-on experience when the leave the classroom with their degrees.
To that end, the dean of the school of business has developed what he calls the Trine Venture Fund that could eventually lead to the funding of ideas that could end up as new products or services.
Fergusson, an entrepreneur himself who joined the Trine administration in August, was the guest…