T&B Tube Company Invests $5.6 Million To Establish Gary, Indiana, Manufacturing Center
The company will to purchase, renovate and equip a 196,000 square-foot facility at 4000 East 7th Street in Gary, doubling available space from its current Illinois operations. With the recent addition of galvanized tubing to its product line, along with customer reshoring, T&B Tube’s new Indiana facility will provide critical space for improving production efficiency to meet growing demand. Following landscape improvements and renovations to office and production areas beginning this month, the company plans to be running in Gary by the end of the year.
T&B Tube, which currently employs 80 full-time associates, has already begun hiring for production positions. Interested applicants may apply through Sedona Staffing and Davis Staffing.
“We chose Indiana because of its lower taxes, business friendly environment, close proximity to our steel vendors and great infrastructure to move our products,” said Jack Jones, President of T&B Tube. “The Indiana location will make us more competitive against our domestic and international competitors. We will also be able to retain all our associates since the new location is close to our current facility.
“Illinois companies like T&B Tube compare expenses and see the advantage they gain in Indiana,” said Governor Mike Pence. “It’s a trend we continue to see among businesses in high-tax states. We’re proud to offer the strongest business climate in the Midwest, with companies moving here to save money and keep their business growing in a state that works.”
The Indiana Economic Development Corporation offered T&B Tube Company, Inc. up to $950,000 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 city of Gary will consider additional incentives.
“The relocation of T&B Tube to Gary is definitely a huge deal for us,” said Gary Mayor Karen Freeman-Wilson. “Our focus is on creating jobs for Gary residents, so they can live, work and prosper in their own community. I look forward to building even more partnerships with IEDC, NIPSCO, GEDC and other entities so that we can continue to entice more businesses to move to Gary.”
Why are Foreign Trade Zones Making a Comeback?
The New Normal in the Automotive Supply Chain
2020 Auto/Aero Site Guide
34th Annual Corporate Survey & the 16th Annual Consultants Survey
Infrastructure Investment as an Economic Stimulus Tool
Nondisclosure Agreements Best Practices When Negotiating Incentives
2019 Top States for Doing Business: Georgia Ranks #1 Sixth Year in a Row