IBJNews

EnerDel in line for $3 million grant

Back to TopCommentsE-mailPrintBookmark and Share

Battery maker EnerDel is in line for a $3 million federal grant that would help bring 200 more jobs to its facilities on the north side of Indianapolis and in Noblesville.

The grant would come from a larger pool of disaster-recovery money that the U.S. Department of Housing and Urban Development has directed to the Indiana Office of Community and Rural Affairs. The disasters that prompted the flow of federal funds include the floods and tornadoes of 2008.

Under pressure to distribute the federal funds in a timely fashion, the state Office of Community and Rural Affairs identified EnerDel as a candidate for the grant and asked the city of Indianapolis to serve as fiscal agent, said Jennie Fults, an administrator in the city's Department of Metropolitan Development.

Fults said the city, working with EnerDel and a contracted grants administrator, will apply for the money as soon as possible.

EnerDel, a subsidiary of New York-based Ener1, would use the $3 million to purchase more equipment at its Hague Road facility in Indianapolis and create 150 new full-time jobs. Another 50 jobs would be created in Noblesville, said Matt Steward, an EnerDel spokesman with the public relations firm Westcomm.

EnerDel would not comment further about the grant or its plans for the federal funds, but Steward said more job news is on tap for Thursday. The company and state officials are planning a 1 p.m. announcement.

EnerDel is a start-up maker of battery packs for electric vehicles and other uses. It has grown from 41 employees a year ago to 180 today. The company has received state tax incentives and plans to create a total of 400 jobs in Noblesville and Indianapolis by 2012. It also has applied for a $480 million federal loan that would allow for a significant expansion of manufacturing at a third facility, which has yet to be identified.

ADVERTISEMENT

Post a comment to this story

COMMENTS POLICY
We reserve the right to remove any post that we feel is obscene, profane, vulgar, racist, sexually explicit, abusive, or hateful.
 
You are legally responsible for what you post and your anonymity is not guaranteed.
 
Posts that insult, defame, threaten, harass or abuse other readers or people mentioned in IBJ editorial content are also subject to removal. Please respect the privacy of individuals and refrain from posting personal information.
 
No solicitations, spamming or advertisements are allowed. Readers may post links to other informational websites that are relevant to the topic at hand, but please do not link to objectionable material.
 
We may remove messages that are unrelated to the topic, encourage illegal activity, use all capital letters or are unreadable.
 

Messages that are flagged by readers as objectionable will be reviewed and may or may not be removed. Please do not flag a post simply because you disagree with it.

Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
Subscribe to IBJ
  1. A Tilted Kilt at a water park themed hotel? Who planned that one? I guess the Dad's need something to do while the kids are on the water slides.

  2. Don't come down on the fair for offering drinks. This is a craft and certainly one that belongs in agriculture due to ingredients. And for those worrying about how much you can drink. I'm sure it's more to do with liability than anything else. They don't want people suing for being over served. If you want a buzz, do a little pre-drinking before you go.

  3. I don't drink but go into this "controlled area" so my friend can drink. They have their 3 drink limit and then I give my friend my 3 drink limit. How is the fair going to control this very likely situation????

  4. I feel the conditions of the alcohol sales are a bit heavy handed, but you need to realize this is the first year in quite some time that beer & wine will be sold at the fair. They're starting off slowly to get a gauge on how it will perform this year - I would assume if everything goes fine that they relax some of the limits in the next year or couple of years. That said, I think requiring the consumption of alcohol to only occur in the beer tent is a bit much. That is going to be an awkward situation for those with minors - "Honey, I'm getting a beer... Ok, sure go ahead... Alright see you in just a min- half an hour."

  5. This might be an effort on the part of the State Fair Board to manage the risk until they get a better feel for it. However, the blanket notion that alcohol should not be served at "family oriented" events is perhaps an oversimplification. and not too realistic. For 15 years, I was a volunteer at the Indianapolis Air Show, which was as family oriented an event as it gets. We sold beer donated by Monarch Beverage Company and served by licensed and trained employees of United Package Liquors who were unpaid volunteers. And where did that money go? To central Indiana children's charities, including Riley Hospital for Children! It's all about managing the risk.

ADVERTISEMENT