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German companies pledge to create Indiana jobs

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Coinciding with Gov. Mike Pence’s economic development trip to Germany this week, three German companies have pledged to create more than 100 jobs in Indiana.

Pence and his five-person delegation, which included First Lady Karen Pence and Commerce Secretary Victor Smith, were expected to arrive back from the weeklong trip Friday. The cost of the trip was covered through private donations to the Indiana Economic Development Foundation.

“When selecting a location for growth, company executives often narrow down their choices based on what they know, so trips like this are designed to make sure they know Indiana,” Pence said in a prepared statement. “By meeting with key decision makers at German businesses and telling Indiana’s story of a state that works, we keep Indiana top of mind and help Hoosiers find their way to the front of the line when U.S. job creation is considered.”

On Tuesday, Gelsenkirchen-based industrial hose maker Norres said it would spend nearly $1.9 million to acquire and renovate a 30,000-square-foot building in South Bend, creating as many as 32 jobs by 2018.

The facility would be the first in North America for the 125-year-old company.

The Indiana Economic Development Corp. offered Norres up to $465,000 in conditional tax credits based on the job-creation plans.

On Wednesday, Hanover-based Jager Group said it would expand operations at its Jaeger-Unitek Sealing Solutions subsidiary in LaPorte, adding 52 jobs by 2016.

The company, which employs 76 in Indiana, said it would invest $4.5 million to expand its 137,000-square-foot facility by 50,000 square feet.

The Indiana Economic Development Corp. offered Jaeger-Unitek up to $500,000 in conditional tax credits.

On Thursday, Berlin-based DOT GmbH, which makes medical coatings for dental and orthopedic products, said it is spending $4.5 million to lease a 17,500-square-foot facility in Columbia City, creating 20 engineer and technician jobs by 2016.

The facility, which opened in November, is DOT’s first outside of Germany.

The IEDC offered DOT America, Inc. up to $50,000 in conditional training grants.

According to the IEDC, about 110 Germany-based companies with more than 12,000 employees operate in Indiana.

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  • Ca Ching
    And the big companies reap in the tax dollars as they create low paying jobs (or none at all)
  • 100 Promised Jobs Is a Pittance
    Three news conferences to announce 100 promised jobs (emphasis on promised). Seriously? Lowes and Home Depot have probably hired that many people and more this month and I did not hear any news conferences.
  • Technology Use?
    Utilizing Video-Teleconferencing would send a strong message to high school and college age voters that the Governor of Indiana understands the use of the same technology students already understand might go a long way to prove to the future voters of Indiana that our government leaders know how to save money by controlling travel costs and the time away from the job the governor was elected to do here at home. Frankly, three companies pledging to create 100 jobs seems like a very expensive trip, that will more than likely include a few vacation days in Germany.
  • Wow
    Wow! Gov Pence 100 jobs. Betcha could have done that with a phone call.

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  1. If I were a developer I would be looking at the Fountain Square and Fletcher Place neighborhoods instead of Broad Ripple. I would avoid the dysfunctional BRVA with all of their headaches. It's like deciding between a Blackberry or an iPhone 5s smartphone. BR is greatly in need of updates. It has become stale and outdated. Whereas Fountain Square, Fletcher Place and Mass Ave have become the "new" Broad Ripples. Every time I see people on the strip in BR on the weekend I want to ask them, "How is it you are not familiar with Fountain Square or Mass Ave? You have choices and you choose BR?" Long vacant storefronts like the old Scholar's Inn Bake House and ZA, both on prominent corners, hurt the village's image. Many business on the strip could use updated facades. Cigarette butt covered sidewalks and graffiti covered walls don't help either. The whole strip just looks like it needs to be power washed. I know there is more to the BRV than the 700-1100 blocks of Broad Ripple Ave, but that is what people see when they think of BR. It will always be a nice place live, but is quickly becoming a not-so-nice place to visit.

  2. I sure hope so and would gladly join a law suit against them. They flat out rob people and their little punk scam artist telephone losers actually enjoy it. I would love to run into one of them some day!!

  3. Biggest scam ever!! Took 307 out of my bank ac count. Never received a single call! They prey on new small business and flat out rob them! Do not sign up with these thieves. I filed a complaint with the ftc. I suggest doing the same ic they robbed you too.

  4. Woohoo! We're #200!!! Absolutely disgusting. Bring on the congestion. Indianapolis NEEDS it.

  5. So Westfield invested about $30M in developing Grand Park and attendance to date is good enough that local hotel can't meet the demand. Carmel invested $180M in the Palladium - which generates zero hotel demand for its casino acts. Which Mayor made the better decision?

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