Canadian Conforce International Investing $13.8M in Peru, Indiana
10/20/2010
The facility will be the Canadian company's first in the United States. Conforce will invest $13.8 million to purchase and equip an existing 155,000-square-foot space.
"Conforce is excited to call Peru its new home for the production of EKO-FLOR. The Indiana Economic Development Corporation [IEDC] has provided an economic environment which we believe will be conducive to the growth of our operations. The IEDC has also presented a compelling case for further expansion in Indiana as the demand for EKO-FLOR increases," said Marino Kulas, Conforce chairman and CEO.
The Indiana Economic Development Corporation has offered Conforce up to $865,000 in performance-based tax credits and up to $57,500 in training grants. Miami County will consider additional property tax abatement at the request of the Miami County Economic Development Authority.
EKO-FLOR, Conforce's flagship product, replaces hardwood floors in shipping containers.
Project Announcements
AESC Expands Florence, South Carolina, Operations
03/28/2024
Alticor Expands Ada Township, Michigan, Operations
03/27/2024
Eastman Plans Longview, Texas, Production Operations
03/27/2024
DHL Supply Chain-Vantage Data Centers NV11 Plan Nevada Operations
03/26/2024
Big Jet Expands Pittsburgh, Pennsylvania, Operations
03/26/2024
Landmark Ceramics UST Expands Mt. Pleasant, Tennessee, Operations
03/25/2024
Most Read
-
2023's Leading Metro Locations: Hotspots of Economic Growth
Q4 2023
-
2023 Top States for Doing Business Meet the Needs of Site Selectors
Q3 2023
-
The Logistics Analysis That Drives Industrial Site Selection
Q4 2023
-
Manufacturing Momentum Is Building
Q1 2024
-
Technology’s Influence on Workforce Development
Workforce Q4 2023
-
37th Annual Corporate Survey: Economic Pressures Exerting Greatest Effect on Decision-Makers
Q1 2023
-
Industry in the Era of the Electron
Q1 2024