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Manufacturer expanding northeast-Indiana operations

Associated Press
March 23, 2012
Keywords
Economic Development, Economic Development Agencies, Economic Development Incentives, Factories, Government & Economic Development, Indiana Economic Development Corp., Job Creation, Manufacturing & Technology, Tax Abatements, Tax Credits
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A manufacturer plans to expand its operations in northeastern Indiana, possibly adding up to 120 workers by 2015.

Busche Enterprise Division Inc. said it will spend about $17 million to buy, expand and equip a 36,000-square-foot factory near its headquarters in the Noble County town of Albion, about 35 miles northeast of Fort Wayne.

The 15-year-old company now has about 550 workers at seven plants in Indiana making castings and forgings that are used by companies that include John Deere and General Motors.

Construction to expand the building by an additional 24,000 square feet will begin this fall, and the plant should be operational early next year.

The Indiana Economic Development Corp. said it will provide Busche up to $600,000 in performance-based tax credits and up to $150,000 in training grants based on the company’s job-creation plans. Noble County will consider property-tax abatements.

Gov. Mitch Daniels joined company and local officials at an announcement of the expansion Thursday.

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  1. Good ole' Obamacare. Thanks liberals and those who didn't bother to vote.

  2. Yes. Blame those who were too lazy to go vote Obama out and those who voted him in again. That's my take on it. I know folks won't get it on the left. OK. Start berating me now!

  3. Serioulsy, people are AGINST this project? Most communities would be salivating over a project like this. You'd rather have an empty eye-sore gas station and shacks posing as apartments? This project is exactly what BR needs. BUILD IT MR MAYOR. And yes, I am a BR resident, and have been for 20 years.

  4. As a St. Vincent employee of over 20 years, I am saddened and disheartened by this announcement. Unfortunately, as the healthcare "industry" continues on this political and corporate path, all that St. Vincent Hospital has stood for spiritually for its employees and this community is being sucked dry. I know it truly has no choice. It is not just Obamacare or just competition or just any single thing. This trend started long before I was even born when the government became involved in healthcare and it became an "industry." I grieve for those who will lose their jobs, one of whom may be me, but I also grieve for this hospital which I have served for over 20 years. May God give us and it the grace to withstand the future of healthcare.

  5. Why do people constantly harp on this issue and act ignorant about what a city population measures? A city's population is the city's population. There is no argument or debate about it. If you want to measure the density of a city--measure it. If you want to measure the size of a metropolitan area, then measure the metropolitan population. City boundaries cover different sized areas--and they always have (though the disparity has probably increased since about 1900 or so when more cities began annexing their surrounding communities). For example, San Francisco only covers 49 square miles while Houston cover nearly 600 square miles. No one argues about the population rankings of either city even though they clearly cover extremely different sized areas. Indianapolis is the 13 largest city by population in the U.S. That is a fact. While the population of a metropolitan area may give you a better sense of how large a community is, as noted, even metro areas can vary widely in the size of geographic area they cover--so that is not a perfect comparison either.

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