Canadian-based APEL Extrusion Invests $12 Million To Expand Operations To Coburg, Oregon
10/18/2013
The company will spend $12 million to move its Springfield operations and then renovate and equip the 112,000-square-foot building at the Coburg North industrial site by July 2014. The company chose to move and expand in Coburg rather than move its operations outside the state.
"We are delighted in the support and assistance provided to us by both the state of Oregon and the people of Lane County," company President Mike Flynn said. "This support and the outstanding local workforce were instrumental in our decision to maintain and to grow our business in Oregon. Ultimately, our decision will result in APEL investing an additional $12 million dollars in the state and adding 25 good paying jobs to our current workforce of 50—thank you Oregon!"
"Keeping a growing advanced manufacturer such as APEL here in Oregon means more high paying jobs for Lane County residents," said Business Oregon Director Tim McCabe. "APEL's decision to stay in Lane County and invest in Coburg is further proof of Oregon's global competitiveness especially when it comes to manufacturing."
Officials from Business Oregon and Oregon Governor John Kitzhaber's office presented a $100,000 forgivable loan check today from the Governor's Strategic Reserve Fund to company officials. As a condition of the state incentive, the company agreed to create 25 new jobs and retain an existing 50 jobs over a two-year period.
Lane County also provided the company with $100,000 in economic development assistance for the expansion project. Both the state and local assistance will help finance the company's purchase of a new $7 million hydraulic aluminum press. The company currently operates two aluminum extrusion presses at its Calgary, Alberta, plant and one press at its Springfield plant.
Project Announcements
Mercedes-Benz Expands Atlanta, Georgia, Operations
05/28/2025
Japan-Based Ohashi Technica U.S.A. Manufacturing Expands Sanbury, Ohio, Production Operations
05/28/2025
Green Fuels Plans Acadia Parish, Louisiana, Operations
05/28/2025
Canada-Based AVL Manufacturing Plans Charlotte, North Carolina, Manufacturing Operations
05/27/2025
SJ Incorporation Plans Cascade, Maryland, Production Operations
05/27/2025
Timberlab Plans Millersburg, Oregon, Manufacturing Operations
05/27/2025
Most Read
-
First Person: Joe Capes, CEO, LiquidStack
Q2 2025
-
Run a Job Task Analysis
Q4 2024
-
39th Annual Corporate & 21st Annual Consultants Surveys: What Business Leaders and Consultants Are Saying About Site Selection
Q1 2025
-
Why Workforce Readiness Can’t Wait
Q1 2025
-
The Legal Limits of DEI in Incentives Agreements, Hiring, and Contracting
Q2 2025
-
Is It Time to Start Planning for Quantum Data Centers?
Q1 2025
-
Top States for Doing Business in 2024: A Continued Legacy of Excellence
Q3 2024