Spanish-American Joint Venture SDI La Farga Investing $39M in New Haven, Indiana
04/19/2011
"We are proud to incorporate the advanced manufacturing technology of La Farga Group in a state-of-the-art facility that deepens our commitment to Northeast Indiana and Allen County," said Mark Millet, president and COO of Steel Dynamics.
"This joint venture represents our first expansion into the United States, and we are proud to partner with Steel Dynamics, a proven leader in the metals industry," said Oriol Guixà, CEO of LaFarga Group.
The Indiana Economic Development Corporation has extended SDI La Farga up to $300,000 in performance-based tax credits and up to $20,000 in training grants. Allen County will consider additional incentives at the request of the Fort Wayne-Allen County Economic Development Alliance.
SDI has steel production facilities across Indiana and the Mid-Atlantic states. La Farga Group produces copper wires and tubes and is based in Barcelona, Spain.
Project Announcements
Local Bounti Plans Pasco, Washington, Indoor Agricultural Operations
04/26/2024
Innovative Construction Group Plans Siler City, North Carolina, Production Operations
04/26/2024
Crystal Window and Door Systems Plans Mansfield, Texas, Headquarters-Production Operations
04/25/2024
JDSAT Expands Fairfax County, Virginia, Operations
04/25/2024
Trussworks Mid-America Plans Jackson, Missouri, Manufacturing Operations
04/25/2024
Epic Flight Academy Establishes Hebron, Kentucky, Operations
04/25/2024
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
-
38th Annual Corporate Survey: Are Unrealized Predictions of an Economic Slump Leading Small to Mid-Size Companies to Put Off Expansion Plans?
Q1 2024
-
Making Hybrid More Human in 2024
Q1 2024
-
Manufacturing Momentum Is Building
Q1 2024
-
20th Annual Consultants Survey: Clients Prioritize Access to Skilled Labor, Responsive State & Local Government
Q1 2024
-
Public-Private Partnerships Incentivize Industrial Development
Q1 2024