Impact CNC Plans Indiana Production Machining Plant
The company will invest $12.87 million to purchase and equip a 30,000 square-foot facility at the Gateway Park in Whitley County. The new facility, which plans to be operational in February, will offer computer numerical control (CNC) services for customers in the automotive, heavy-truck and agricultural industries.
“Indiana’s manufacturing sector is continuing to see healthy growth and Impact CNC’s announcement only reinforces that,” said Gov. Mitch Daniels. “We’ve been able to create an environment that promotes sustainable business practices through our low-tax policies and nationally-ranked business climate.”
Impact CNC plans to begin hiring CNC operators, supervisors and support staff in the coming months. Interested applicants should apply at www.impactcnc.net.
“I look forward to establishing Impact CNC in Whitley County,” said Jerry Busche, founder and president of Impact CNC. “For this project I considered a number of sites in the Midwest, but once again found that Indiana provided the right location to grow the company in the years ahead.”
Impact CNC is the second venture started by Jerry Busche to locate in Whitley County in as many years, joining PDQ Workholding, a manufacturer of hydraulic fixtures and workholding solutions for the CNC machining industry. In 2010, PDQ Workholding announced plans to invest more than $3.8 million to lease and equip a neighboring facility in Gateway Park.
The Indiana Economic Development Corporation offered Impact CNC, LLC up to $550,000 in conditional tax credits an up to $80,000 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 Whitley County Council approved additional property tax abatement at the request of the Whitley County Economic Development Corporation.
“On behalf of the Whitley County Commissioners, we greatly appreciate that Mr. Busche has again decided to launch a business venture in our community,” said Don Amber, president of the Whitley County Board of Commissioners. “It is very meaningful to see business owners like Jerry continue to stay, invest and create jobs in our community.”
Impact CNC’s announcement comes just two weeks after Poly-Wood, a manufacturer of outdoor furniture, announced plans to expand its operations in nearby Kosciusko County. As part of the project, the company will invest $2.78 million and create up to 50 new jobs by 2015.