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EnerDel in line for $3 million grant

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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.

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  1. Saw the Indy Men's Chorus "Music of Gilbert & Sullivan" at the Indiana Historical Society on Sunday evening.

  2. Temporary workers are not "tools" they are people and companies that keep large amounts of temp staff are cheating.

  3. I miss having them around. I hope one of their stores is in the general Meridian/86th Street area. I will make good use of it.

  4. The Fringe! Plus, the simple fact that there are so many local faves in such close proximity to each other.

  5. I remenber, watching the toll road, being built, through South Bend, when I was 10 years old. I believe, back then that it was estimated, that the toll road, would be paid for in 20 years and then it would be free. I am now 71, what happened? Since the power is in the people, by that, I mean that, we the people are in total control of everything. I, suggest that no one ever use the toll road again, let it go broke. We the people can control the price of everything, from groceries to gas, if we would just do it. If we don't pay the asking price, the sellers will lower the price and if we wait awhile, they will lower the price to what we accept as reasonable. I would like to know why a highway like interstate 94, is so well maintained, a much better highway, than the toll road, but has no tolls. I would also like to know why, a sitting governor, with a term limit, maximum of eight years, can lease, public property, for 75 years. Even though I have transponders in both of my trucks and will not be affected by the increase, I have been and will contine to avoid using the toll road. I make many trips from northern Indiana to Chicago, every year, and I prefer the better highway, I94!

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