Iowa-based R3 Composites Corp. plans to establish a manufacturing center in Allen County, creating as many as 400 jobs in the northeast Indiana town of Grabill by 2014.
State economic development officials announced the company’s job-creation plans Tuesday morning.
R3, which makes metal and plastic molded bathroom fixtures, automotive parts and shipping containers, plans to invest more than $4.5 million to lease and equip the former Meridian Automotive building in Grabill. The facility has been idle since 2009.
The company will be hiring this summer for manufacturing, supervisory, clerical and management positions in the town northeast of Fort Wayne.. Workers will produce bathroom fixtures at first, then add composite shipping containers.
Indiana Economic Development Corp. offered R3 Composites as much as $2 million in performance-based tax credits and up to $50,000 in training grants based on its plans. The town of Grabill will consider additional property tax abatement at the request of the Fort Wayne-Allen County Economic Development Alliance.