Rieke Corp. Plans $7.5 Million Expansion At Its Hamilton, Indiana, Production Facility
Area Development Online News Desk (11/26/2013)
Rieke Corporation, a global manufacturer and distributor of specialty, highly-engineered closure and dispensing systems, plans to expand its Hamilton, Indiana, operations center, creating up to 15 new jobs by 2016. The subsidiary of TriMas Corporation will invest $7.5 million to equip its existing 73,360 square-foot facility located at 2855 E. Bellefontaine Road in Hamilton.
"Rieke continues to expand into new markets while developing a robust program that meets our customers' innovative demands," said Lynn Brooks, President of Rieke. "Our ability to be on the leading edge as a global designer and manufacturer is aided by the education and technology provided at Indiana colleges and universities. The quality of the Indiana workforce contributes to our success and is the overwhelming reason Rieke continues to headquarter our business in Indiana." Rieke has already begun hiring skilled maintenance associates, skilled plastic mold setters and assembly operators.
"With a solid foundation in low taxes and limited red tape, Indiana's business climate is ripe for companies looking to achieve an extra competitive edge," said Eric Doden, President of the Indiana Economic Development Corporation. "We've built Indiana into a state that works. With our skilled workforce and pro-growth policies, companies with a world of choices choose to remain operating in Indiana."
The Indiana Economic Development Corporation offered Rieke Corporation up to $150,000 in training grants based on the company's job creation plans. These incentives are performance-based, meaning until Hoosiers are hired, the company is not eligible to claim incentives. The town of Hamilton approved additional tax abatement at the request of the Steuben County Economic Development Corporation.