Customized Truck Manufacturer Plans $7.71 Million Expansion, Creating 350 Jobs
03/08/2012
Founded in 1979, Supreme is known worldwide for building specialized commercial truck bodies and buses, including armored trucks, dry-freight and insulated cargo vans, service vans, shuttle buses and trolleys. The specialty vehicle manufacturer plans to refurbish and reequip its Elkhart County plant with the help of state and county economic development incentives. Supreme, which currently employs 630 associates at its 100-acre Goshen site, will begin hiring new manufacturing associates later this year.
"Supreme has chosen Indiana as its expansion site due to the labor force, its strong heritage in specialty vehicles and the continued support from the state," said Kim Korth, Supreme chief executive officer.
The Indiana Economic Development Corporation offered Supreme Industries up to $1.5 million in conditional tax credits and up to $67,500 in training grants based on the company's job creation plans. Tax credits are performance-based, meaning until Hoosiers are hired the company is not eligible to claim incentives. In addition, the city of Goshen will consider additional property tax abatement.
"Companies around the world are choosing Indiana as the right place to expand their businesses," said Governor Mitch Daniels. "We know Supreme could have chosen another state for this expansion project, but this decision was based on confidence in Indiana's business climate and Goshen's quality work force."
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