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Metal Manufacturer Expanding, Adding Jobs in Indiana

03/27/2009
KIHM Metal Technologies, a manufacturer of metal components for aerospace, defense, and other commercial markets, will invest more than $500,000 to expand its factory in Brazil, Indiana, according to the Indiana governor's office. The company plans to add 40 new jobs with the project, more than doubling its current work force of 16. "We started KIHM in Brazil with the goal of establishing a strong Midwest location that is more central to our customers," says Bill Kaupp, the company president. "Brazil offers a strong support system for us to draw on, and a work force that is well-educated in all facets of manufacturing. Indiana also provides several levels of customized training to companies in need." The state has offered the company up to $350,000 in performance-based tax credits and up to $39,500 in training grants, contingent on job creation; local agencies are considering tax abatement.

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