Wednesday, July 3, 2013

Journal-Gazette Reports Ground Effects Ltd Seeks Phase-in of Property Taxes for Investment in Fort Wayne

From the Fort Wayne Journal-Gazette:

The American entity of Ground Effects Ltd., Ground Effects LLC (GFX) announced its plans today to take up residence in a newly constructed facility on Aboite Road near the General Motors Assembly plant in Allen County. Ground Effects is partnering with RCI Development on the construction of a 42,000 sq. ft. building. This will allow Ground Effects to install best-in-class spray-in bed liners on newly assembled trucks for a General Motors. The company has plans to hire up to 160 people by 2017.

"The innovative application techniques of spray in bed liners developed by Ground Effects for General Motors will provide consumers with a best-in-class product that complements the new Indiana-built Sierra and Silverado products," said Ground Effects Ltd. president, Jim Scott. "This facility will allow General Motors to provide automotive accessories at the factory level instead of shipping out of state or installing at the aftermarket level, which is a huge benefit to Allen County – the home of both light and heavy duty truck manufacturing. The commitment and the assistance offered by the Alliance and the State of Indiana to our project through the planning phase have allowed us to move from concept to reality in a relatively short period of time."

Ground Effects has multiple upfit locations in Canada, Michigan, Kentucky and Missouri; supplying customized products and services for General Motors, Chrysler, and Ford vehicles.

"The automotive industry fuels Indiana's economy through investments from innovative companies like Ground Effects," said Governor Mike Pence. "The road to economic growth and good jobs for Hoosiers is paved by Indiana's pro-growth business environment, where companies know that they'll enjoy the benefits-including low taxes, robust infrastructure and a the benefits-including low taxes, robust infrastructure and a business."

A report received Wednesday morning:

Representatives of GFX worked with the Alliance and the Indiana Economic Development Corporation to secure incentives and find a location to accommodate the company's needs. GFX will work with WorkOne Northeast to identify qualified employees. The Allen County Council will consider GFX's application for the phase-in of new property taxes on its $4.66 million investment at the July County Council meeting.

"We have greatly anticipated the influence that General Motors would have on attracting other businesses to the community," said Allen County Commissioner, Nelson Peters. "Allen County is happy to welcome Ground Effects and looks forward to the job opportunities this will provide to the area".

Construction is expected to begin in mid-July and wrap up in early December.

http://journalgazette.net/article/20130703/BLOGS01/130709837/0/SEARCH