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Angola fund accepting applications

ANGOLA, Ind. (October 1, 2013) - Earlier in 2013, the City of Angola announced intentions to create an investment fund designed to support start-up and small business growth in the City.  The Angola Investment Fund received final approval of the Angola City Council on September 23rd, and is funded with $1 million form the City’s Major Moves fund.  The Major Moves fund was created following the lease of the Indiana Toll Road to a Spanish-Australian consortium in 2006.  Major Moves funds…

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New IEDC Director proud of NE Indiana

ANGOLA, Ind. (September 13, 2013) — As the state’s new director of the Indiana Economic Development Corp., Eric Doden is proud of his home region of northeast Indiana, but in his new role, he has to serve all of Indiana. “I couldn’t be more proud of this region,” Doden said in a meeting of the Steuben County Industrial Guild held at Witmer Clubhouse at Trine University’s Zollner Golf Course. Doden grew up in Butler in DeKalb County, lived in Auburn and currently calls Allen County his…

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Freedom Academy and City of Angola form partnership

ANGOLA, Ind. (September 4, 2013) - The City of Angola signed an agreement with the Freedom Academy at the City Council’s September 3rd meeting. The agreement is for a recently acquired city-owned building at 306 West Mill Street.  According to the agreement, use of the building by the Freedom Academy is limited to classrooms to conduct classes and courses, workshops, lectures, and hands on instruction.  The goal of the classroom work is to allow students to master, enhance performance…

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iMAN a national broadband leader

ANGOLA, Ind. (August 27, 2013) — The Indiana Metropolitan Area Network that provides a fiber optics system in Steuben County is one that is touted across the country. The iMAN system, which provides a fiber optics system to business, government, health care and education entities in Steuben County, has been in operation some 14 years. iMAN is an arm of the Steuben County Community Foundation and operates as a non-profit organization whose goal is to provide fiber connectivity at a low…

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Hudson company plans $5.2 million investment

HUDSON, Ind. (August 27, 2013) - The Cold Heading Company, headquartered in Warren, Michigan announced plans to invest $950,000 in a 20,000 sft. building expansion in Hudson, Indiana.  Plans also call for $4.2 million in new machinery and equipment to be installed in the coming months.  According to company officials, the expansion will result in five new jobs added to the existing 49 employees currently at the Hudson facility. The Cold Heading Company is a privately held company that…

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Electri-Tec expands Angola operations

ANGOLA, Ind. (August 19, 2013) Electric-Tec, LLC, a manufacturer of power cords, wire harnesses and electronic equipment for medical, agriculture, automotive and other industries, announced plans to expand its existing Angola operation. The company was acquired by Fort Wayne-based Khorporate Holdings, Inc. in November 2012 and has enjoyed a 25 percent growth rate in the first half of 2013. Since acquiring the business, Electric-Tec has invested nearly $100,000 in new equipment and has…

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LaGrange Products pursues steady growth

FREMONT, Ind. (June 18, 2013) - The original founders, Ralph Blue, Lloyd Junker and Charles Sparks, brought LaGrange Products to Fremont, Indiana 50 years ago. Lynn Blue, President of LaGrange Products, Inc. has been with the company since then. It seems the small town and family owned business worked well together. The company has been before the Fremont Town Council seeking support for their growth each of the past three years, adding six new employees in 2011, another six in 2012 and…

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PakLab granted abatement for 2012 growth

ORLAND, IND. (May 14, 2013) - The Orland Town Council approved a waiver for Universal Packaging Systems, Inc. (DBA: PakLab), allowing the Chino, California based company to qualify for property tax abatement for investments made in 2012.  PakLab invested nearly $1.3 million in new packaging equipment for the Orland facility and added 40 new jobs in 2012.  The decision was made and equipment installed on a fast pace, to respond to customer demands.  “The Orland Town Council obviously…

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Agribusiness adds new facility in Steuben County

ORLAND, Ind. (April 9, 2013) – Lord’s Seed, LLC, an agricultural production company, announced plans today to expand its operations here, creating up to 16 new jobs by 2016.The Howe, Ind.-headquartered company will invest $13 million to construct and equip an 18,000 square-foot seed drying facility on its 10-acre campus located at 9900 W. Maple St. in Orland, bringing the company’s total footprint in the community to 45,000 square feet. The new facility, which will be operational by the…

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Chapman’s Brewing Company takes root in Angola

ANGOLA, Ind. (March 19, 2013) - The Angola City Council welcomed Chapman’s Brewing Company to town at its March 18th City Council meeting.  On a unanimous vote, the Council approved tax abatement on an estimated investment in real property improvements of $150,000 and new machinery and equipment of $400,000.  Chapman’s Brewing Company is a start-up enterprise with plans for ale cider production in Angola, with sales and distribution throughout North America. Scott Fergusson, Dean of…

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