Wednesday, November 27, 2013

Journal-Gazette Reports Rieke Offered Incentives for Expansion in Auburn

From the Fort Wayne Journal-Gazette:

Rieke Corporation, a global manufacturer and distributor of specialty, highly-engineered closure and dispensing systems, announced plans today to expand its operations here, creating up to 15 new jobs by 2016.

The Auburn, Ind.-headquartered company, a subsidiary of Bloomfield Hills, Mich.-based TriMas Corporation, will invest $7.5 million to equip its existing 73,360 square-foot facility located at 2855 E. Bellefontaine Road in Hamilton. The expansion, which began in August, will allow the company to expand its capacity and capabilities, better serving its customers.

"With a solid foundation in low taxes and limited red tape, Indiana's business climate is ripe for companies looking to achieve an extra competitive edge," said Eric Doden, president of the Indiana Economic Development Corporation. "We've built Indiana into a state that works. With our skilled workforce and pro-growth policies, companies with a world of choices choose to remain operating in Indiana."

Rieke, which currently employs about 1,400 employees internationally, including more than 210 Hoosiers in Hamilton and Auburn, has already begun hiring skilled maintenance associates, skilled plastic mold setters and assembly operators. Interested applicants may apply online by going to the www.riekepackaging.com careers page.

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The Indiana Economic Development Corporation offered Rieke Corporation up to $150,000 in training grants based on the company's job creation plans. These incentives are performance-based, meaning until Hoosiers are hired, the company is not eligible to claim incentives. The town of Hamilton approved additional tax abatement at the request of the Steuben County Economic Development Corporation.
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http://journalgazette.net/article/20131126/BLOGS01/131129464/0/SEARCH