Austria-Based Voestalpine Roll Forming Expands Jeffersonville, Indiana, Operations
09/03/2024
The investment will include a new production line for frame rails for several major global customers.
“This next chapter of growth for RFC would not be possible without the support from state and local leaders. We look forward to expanding our business operations with this transformative project adding long-term infrastructure, employment opportunities and overall value to the Jeffersonville community for years to come,” said Kevin Dierking, President & CEO, voestalpine Roll Forming Corporation.
Based on the company’s job creation plans, the Indiana Economic Development Corporation (IEDC) will commit an investment in voestalpine Roll Forming Corporation of up to $2 million in the form of incentive-based tax credits and up to $2 million in Hoosier Business Investment tax credits. These tax credits are performance-based, meaning the company is eligible to claim incentives once Hoosiers are hired.
“Indiana has a rich tradition of manufacturing and delivering high quality materials that power the world around us thanks to the commitment of companies like voestalpine,” noted EDC Chief Strategy Officer Ann Lathrop. “The company’s continued growth and industry partnership in Southern Indiana will help advance critical industries, from aerospace to energy to infrastructure and transportation, while supporting job growth and community development in Jeffersonville and the surrounding region.”
voestalpine RFC, wholly owned by voestalpine AG, a steel and technology group, provides customized roll-form manufacturing solutions with integrated secondary processing operations as well as in-house engineering and tooling services. The company also offers complete supply chain management support that extends from material sourcing through to stocking programs and logistics.
“One Southern Indiana welcomes this announcement from RFC and celebrates another win for our growing community,” added One Southern Indiana CEO and President Lance Allison. “This announcement offers our residents and industry a growing opportunity and is yet another indicator of our regional strength and capacity to support global industry leaders such as RFC.”
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