Falk PLI Engineering & Surveying Expands Its Portage, Indiana, Manufacturing Headquarters
06/06/2013
The homegrown-Hoosier company will renovate and equip a 9,000 square-foot facility at AmeriPlex at the Port business park in Portage. The facility, which will be fully operational this fall, will allow the company to expand its market for engineering services to include the power generation industry.
“Northwest Indiana has become a client-centric location for our growing business,” said Mike Falk, president and chief executive officer of Falk PLI. “While Falk PLI expands our geographic reach and services offered, Indiana remains the place where we can access an expanding base of customers and build upon our strong reputation.”
“The success of innovative companies like Falk PLI is proof that Hoosier ingenuity, paired with a prosperous business climate, can foster dramatic growth,” said Gov. Mike Pence. “With the help of our knowledgeable workforce, low taxes and robust infrastructure, we are working hard to make Indiana stand out as a state that works for business.”
As an incentive Indiana Economic Development Corporation offered Falk PLI Engineering & Surveying, Inc. up to $350,000 in conditional tax credits and up to $100,000 in training grants based on the company’s job creation plans. These tax credits are performance-based, meaning until Hoosiers are hired, the company is not eligible to claim incentives. In addition the city of Portage approved additional tax abatement at the request of the Portage Economic Development Corporation.
"I am pleased that Falk PLI is expanding and creating even more jobs for Portage residents,” said Portage Mayor James E. Snyder. “Businesses in Portage are finding that growing is normal practice as they are embraced by the residents and the city. Falk PLI hires local residents and has found the value of the quality workforce in Portage and the region. We look forward to their continued success."
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