Huntington Aluminum Invests $2.76 Million To Expand Its Huntington, Indiana, Manufacturing Center
09/09/2014
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."
Project Announcements
Bartlett Group Plans Strathcona County, Alberta, Headquarters-Manufacturing Operations
10/11/2024
Mart Frozen Foods Establishes Rupert, Idah, Production Operations
10/11/2024
Verst Group Logistics Expands Boone County, Kentucky, Operations
10/11/2024
Afton Scientific Expands Albemarle County, Virginia, Manufacturing Operations
10/10/2024
Eli Lilly and Company Expands Lebanon, Indiana, Operations
10/09/2024
Johnson & Johnson Plans Wilson, North Carolina, Pharmaceutical Manufacturing Operations
10/08/2024
Most Read
-
Top States for Doing Business in 2024: A Continued Legacy of Excellence
Q3 2024
-
Cold Storage: The Next Big Thing in Industrial Real Estate
Q3 2024
-
What the Latest EPA PFAS Rule Means for Site Due Diligence
Q3 2024
-
Reaching for the Stars: Space Industry Creating Opportunities Across the Country
Q3 2024
-
2023 Top States for Doing Business Meet the Needs of Site Selectors
Q3 2023
-
2023's Leading Metro Locations: Hotspots of Economic Growth
Q4 2023
-
Mitigating Site Risks for Industrial Projects
Q3 2024