Huntington Aluminum Invests $2.76 Million To Expand Its Huntington, Indiana, Manufacturing Center
The homegrown-Hoosier company will construct and equip a 40,200 square-foot addition to its operations at 1605 Riverfork Drive in Huntington, doubling the size of its facility by November. The company’s growth will allow it to recover from its warehouse fire in April and increase production capacity to accept new orders.
"We are pleased that the state of Indiana, the city of Huntington and Huntington County are all helping us grow as a company right here in Huntington,” said Roger Kilty, Owner of Huntington Aluminum. “We were at a crossroads: either stay as we are and turn away business or expand. We’ve chosen to expand in Indiana.”
Founded in 2011, Huntington Aluminum collects aluminum and scrap metal, melting the metal and returning it to the customer. Serving the automotive industry, the company plans to increase production to meet current customer demand. Huntington Aluminum, which currently employs more than 40 full-time Indiana associates, plans to begin hiring for additional manufacturing positions in October.
The Indiana Economic Development Corporation offered Huntington Aluminum, Inc. up to $225,000 in conditional tax credits and up to $75,000 in training grants 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 Huntington and Huntington County approved incentives at the request of Huntington County Economic Development.
“Hoosiers are marked by their resiliency and their drive for improvement, and so is Huntington Aluminum,” said Eric Doden, President of the Indiana Economic Development Corporation. “After a fire earlier this year, Huntington Aluminum has come back stronger than ever, ready to double in size. Its Hoosier success story is an inspiration, proving what’s possible when determination collides with the perfect environment for growth.”
Larry Buzzard, President of the Huntington County Board of Commissioners said, "Our economic development team is especially eager to help locally owned industries grow. I am really impressed by the hard work being done by the Huntington Aluminum team and proud that the county contributed to their ability and desire to do business in Huntington County."
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