Dwyer Instruments Plans To Expand Its Kingsbury, Indiana, Manufacturing Plant
The new facility, which is expected to be fully operational by September, will allow the company to start manufacturing sensor products for the fire pump, industrial and chemical industries. In addition, Dwyer will also invest in its research and development functions in Michigan City. Dwyer currently has 740 associates globally, which includes approximately 530 employees in Indiana, and will begin hiring assembly, instrument builders and technicians in October.
Founded in 1931, Dwyer manufactures a diverse line of control and instrumentation products for the HVAC, chemical, food, oil and gas and pollution control industries. More than half of all goods produced by the company are specialty items designed and manufactured specifically to client specifications. Dwyer has Indiana locations in Kingsburg, Wakarusa, Wolcott and Michigan City, along with additional operations in Anaheim, Calif., Grandview, Mo., Fergus Falls, Minn., Hong Kong, the United Kingdom and Australia.
"Indiana continues to lower taxes, while other states we were considering for this expansion are raising taxes," said Jim Goldschmidt, director of manufacturing of Dwyer. "With its low taxes, Indiana showed that it was committed to creating the business environment we need to grow our business and hire more people. Purdue North Central has been a great resource in supplying engineering and technical personnel to support the manufacturing needs."
"Indiana is a state that works for manufacturing, with a carefully crafted business environment that stands out in the Midwest and across the country," said Eric Doden, president of the Indiana Economic Development Corporation. "Companies like Dwyer recognize that our low-tax, pro-growth policies, including the recent enactment of the largest tax cut in state history, make Indiana ripe for business achievement."
The Indiana Economic Development Corporation offered Dwyer Instruments, Inc. up to $300,000 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. In addition, LaPorte County approved additional tax abatement at the request of the LaPorte County Office of Economic Development.
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