Antares Trailer To Establish Midwest Hub In Winamac, Indiana
02/11/2014
The Houston, Texas-based company will lease, renovate and equip a 50,000 square-foot building in Winamac. The facility, which will be operational by March, will allow the company to begin assembling composite flatbed and drop deck trailers for its dealers by April.
“It was important to Antares that we were close to our core dealers, had access to skilled labor and located in a state that understood how to do business,” said Bobby Horton, a Partner with Antares and designer of Antares’ new flatbed trailer. “We are excited about the opportunities we have across our flatbed trailer division, our intermodal chassis division and our parts business. Indiana just fit.”
“There’s a reason why Indiana is called the Crossroads of America,” said Victor Smith, Indiana Secretary of Commerce. “Indiana’s logistics and transportation network is robust, with thousands of railroad miles and millions of freight tons traveling through the state each year. Indiana is the ideal home for equipment suppliers like Antares, growing with the industry and benefiting from the state’s low business costs and skilled Hoosier workforce.”
Antares historically has been involved in the marketing of intermodal chassis and containers, serving logistics companies and transportation equipment dealers across the country. With the creation of this new Midwest hub, the company will be entering the composite flatbed and drop deck trailer market, with plans to produce about 50 trailers a month. With a growing customer base in the Midwest, an Indiana location will also allow Antares to transfer the delivery point for intermodal chassis from Texas to the railhead near its Winamac facility for customers located in the Chicago market, state economic development officials said.
The Indiana Economic Development Corporation offered Antares Trailer, LLC up to $225,000 in conditional tax credits based on the company's job creation plans. These tax credits are performance-based, meaning until Hoosiers are hired, the company is not eligible to claim incentives. The town of Winamac approved additional incentives at the request of Pulaski County Economic Development.
“An entrepreneurial culture is strong here in Winamac and in Pulaski County,” said John Plowman, President of the Winamac Town Council. “With strong infrastructure, great educational institutions and a central location near both Indianapolis and Chicago, our community helps provide companies with the environment they need. We’re excited that Antares chose Winamac and look forward to watching them grow here.”
Project Announcements
Canfor Expands Fulton, Alabama, Production Operations
04/22/2024
Tucker Door & Trim Plans Henrico County, Virginia, Operations
04/19/2024
Zekelman Industries Expands Blytheville, Arkansas, Operations
04/19/2024
Fibrebond Corporation Expands Webster Parish, Louisiana, Operations
04/19/2024
Master Steel Expands Hardeeville, South Carolina, Operations
04/19/2024
L3Harris Technologies Expands Orange County, Virginia, Operations
04/18/2024
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
-
Manufacturing Momentum Is Building
Q1 2024
-
Making Hybrid More Human in 2024
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