FORT WAYNE, IN
– Dump truck bed designer and provider Truck Engineering Ltd. announced
it will expand its design and manufacturing operations in Ft. Wayne, Ind., creating 28 new
jobs by 2011.
The
company, which designs and manufactures stainless steel dump truck bodies for
defense and municipal services markets, will invest more than $1.1 million to
upgrade production equipment and capacity at its existing 30,000-square-foot
manufacturing and headquarters operation on the south side of the northeast
Indiana city.
“
Indiana
continues to
outrun our Midwestern competitors for new job-creating investment from
companies like Truck Engineering. Home-grown successes like this further
strengthens
Indiana
’s
economy and creates new opportunities for Hoosiers,” said Governor Mitch
Daniels.
Founded
in 1924, Truck Engineering employs 23 associates at its
Fort Wayne
headquarters and will begin hiring
additional design and manufacturing associates this fall ahead of the
completion of facility upgrades in 2009.
“We are
pleased that our business has grown to the point of needing this additional
capacity,” said Clinton Wall, president & chief executive officer of Truck
Engineering. “Not only will we be able to service existing customers more
efficiently, the upgrades we have planned will allow us to go after new
business to help grow our customer base.”
The
Indiana Economic Development Corporation offered Truck Engineering up to
$150,000 in performance-based tax credits and $32,500 in training grants based
on the company’s job creation plans. The City of
Fort Wayne
will consider property tax
abatement at the request of the Fort Wayne-Allen County Economic Development
Alliance.
