North-central Indiana update: the region's top
business stories.
by Mayer, Kathy
EIGHT NEW AGRI-businesses--six of them producing alternative
fuels--and a dozen new or expanding manufacturers are helping the
10-county north-central Indiana region with new investments and job
growth.
Alternative fuels. "The Andersons has created the largest dry
mill ethanol plant this side of the Mississippi river at 110 million
gallons," Nolan "Skip" Kuper, president of the
Logansport/Cass County Economic Development Foundation, says of the
Ohio-based agribusiness company The $145 million plant in Clymer employs
45.
In Tipton, ASAlliances Biofuels announced in May it has begun
negotiations on a $125 million ethanol production facility, says William
Keir, executive director of the Tipton County Economic Development Corp.
Wabash County will soon bring two ethanol plants online, says
William Konyha, executive director of the Economic Development Group of
Wabash County Poet Energy broke ground in July for a $130 million
facility in North Manchester that will open in 18 months, employ 45 and
produce 60 million gallons a year. Twenty-five miles south, Wabash
Agriproducts breaks ground in August for a $200 million ethanol plant as
the anchor tenant in a yet-to-be-named new agri-industry park in La
Fontaine. It will employ 50 and produce 88 million gallons a year when
it opens in about 18 months.
In White County, VeraSun Energy has begun construction of a
110-million-gallon-a-year ethanol production plant in Reynolds that will
begin operations by the end of 2008, reports Connie Neininger, executive
director of the White County Economic Development Organization. And
Liberty Landfill, owned by Waste Management, is now in the permitting
stage for a bio-diesel plant it hopes to open in Buffalo in about 18
months. It would employ 16.
New dairies, Two new dairies are in the works for the region. In
Royal Center, Far Hills Dairy is planning a $12 million investment for a
3,200-head operation that will employ 12. And in Carroll County, the
Boerman-Carroll Dairy has completed the permitting process for a 4,200
milk cow operation, says Daryl Smith, executive director of the Carroll
County Economic Development Corp. A fall groundhreaking is planned, with
opening in about a year; it will employ 25 to 35.
Also in Carroll County, Indiana Packers in Delphi is growing.
"They have invested $120 million in the last couple of years and
are continuing that investment," Smith says. Recent expansions
include a cafeteria, employee locker space and a cold storage facility
The hog processing plant now employs 1,700, and the company plans to add
another 400. It's owned by Mitsubishi Corp. and Iotham Corp.
Snacks, Long-time Frankfort employer Frito-Lay, meanwhile, has
begun a $50 million expansion, reports Gina Sheets, director of economic
development at the Clinton County Chamber of Commerce and Partners in
Progress. The snack food company employs 1,400 in Clinton County.
New manufacturers. The region's biggest prize for new
manufacturing went to Tipton this year when GET-RAG/Chrysler Group chose
a 145-acre site at State Road 28 and U.S. 31 for its $530 million,
804,000-square-foot transmission plant that will employ 1,170 idled
Chrysler workers.
Clinton County recently welcomed LEPS to Frankfort. The fastener
company employs 310 at the plant in the Clinton County Industrial Park.
It's the first U.S. operation for Italy-based Fontana Fasteners.
Another fastener company has opened in Wabash, where Fastenal is
operating a showroom and warehouse employing three. And in Lafayette,
Warehouse of Lafayette LLC Inc., currently with 1 million square feet of
space, is building another 150,000-square-foot warehouse, the first of a
several-building project.
Growing industries. In jobs and production, Lafayette topped the
headlines as Subaru of Indiana Inc. announced last year it would hire
1,000 more employees over the next couple of years and this March rolled
the first Toyota Camrys off its production lines after completing a $230
million expansion. Plans are to produce 100,000 Camrys annually
Currently, about 2,400 employees are on the job; that could top 3,200
once full Toyota production is under way. The plant also will produce
about 109,000 Subaru vehicles this year.
Also in Lafayette, Fairfield Manufacturing is hiring, with a goal
of 1,200 employees by yea>end to accommodate its newest product line,
gears and shafts for wind turbine drive units.
In Kokomo, Haynes International Inc., which employs 750, has signed
a 20-year agreement with Dallas-based Titanium Metals Corp. Haynes makes
high-temperature alloys used in jet engines, gas turbines and waste
incinerators, says Cathy Irick at the Kokomo Howard County Development
Corp. Also, she reports employment of 6,900 at DaimlerChrysler, which
makes auto transmissions; and 5,700 at Delphi Electronics & Safety,
which makes electronic auto components and safety belts and airbags.
Health care, education. Two new hospitals are under construction in
Lafayette. Clarian Arnett Medical Center's $170 million,
350,000-square-foot facility with 144 private rooms opens in late 2008.
The campus will also include a five-story, 120,000-square-foot medical
office building.
The second is St. Elizabeth East, a $210 million,
410,000-square-foot facility with 150 beds to open in 2009. A project by
St. Elizabeth Regional Health, it will replace the community's
existing two hospitals.
Peru welcomed Ivy Tech Community College last August. And Purdue
University in West Lafayette opens the $52 million Neff Armstrong Hall
of Engineering this fall, the latest in some $570 million in new
facilities completed since 2002 and on the drawing board for the next
couple of years.
The Purdue Research Foundation has also announced it will build a
fourth incubator by mid-2008 in Purdue Research Park, where a child-care
center opens this fall. The park is now home to more than 140 companies,
most startups.
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