From the Fort Wayne Journal-Gazette:
A Bluffton auto parts supplier is gearing up for growth.
Metaldyne M&A Bluffton LLC plans to invest $14.8 million in new equipment for its plant at 131 W. Harvest Road.
The project will create 20 new jobs, according to paperwork filed with the Bluffton City Council.
The skilled production jobs will pay $38,000 a year, on average.
Metaldyne hopes to create an additional 15 jobs once the machinery is up and running, Jim Phillabaum, Council president, said Thursday. Company officials didn’t return phone messages.
Company officials told the Council that they won additional business supplying Ford and General Motors, but other customers include Audi, BMW, Chrysler, Honda and Volkswagen.
The Plymouth, Mich.-based manufacturer already employs 273 in Bluffton with a payroll of $8.5 million, according to the abatement request.
The northeast Indiana’s plant mills parts for auto differentials, Phillabaum said.
The Bluffton project doubles the company’s equipment investment at the factory. Installation is scheduled to begin next week and be completed by June 1.
Council members on Tuesday approved a 10-year tax abatement on the project. City staff didn’t provide estimated savings.
...
http://journalgazette.net/article/20130308/BIZ/303089929/0/SEARCH
