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Manufacturer plans expansions at two Indiana plants

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Shiloh Die Cast Midwest LLC plans to expand two of its plants in northeast Indiana, leading to 145 new jobs by 2018, the company announced Monday night.

The subsidiary of Valley City, Ohio-based Shiloh Industries Inc. said it will spend $7.8 million to renovate and equip a 120,000 square-foot plant in Auburn and a 106,000 square-foot facility in Pierceton. Auburn is about 140 miles from Indianapolis; Pierceton is about 110 miles away.

The renovations should be completed by 2016.

Shiloh Industries employs more than 2,000 people nationally, with 86 associates in Auburn and 107 in Pierceton. The company plans to begin hiring for both facilities this year.

The Indiana Economic Development Corp. offered Shiloh up to $1,000,000 in conditional tax credits and up to $100,000 in training grants based on the company's job-creation plans. The city of Auburn will consider additional incentives. The town of Pierceton approved additional tax abatement.

Founded in 1950, Shiloh designs, engineers and manufactures lightweighting, noise and vibration solutions for the automotive, commercial vehicle and other industrial markets.
 

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  • Incentives are NOT Government Largess
    Tax credits and abatements and job training grants are not "tax dollars for the rich". They are incentives to encourage economic growth, which, in turn, enlarges the tax base. Conversely, a shrinking tax base reduces revenue available for things like education and services for the poor. Take a look at what happened to Anderson after GM left for a perfect example. By the way, has anyone here ever been hired for a full-time job by a poor guy?
  • Good for the Local Economy
    This type of expansion is good for the local economy and a long range benefit for all taxpayers in Indiana. Call it what it is, "A Stimulus Package" and that is going to grow the economy of Indiana over the next ten years.
  • Check this out....
    Amy, Saw this article today.
  • Gov't Largess again
    And of course, our tax dollars go to another wealthy entity. We can not afford to provide health care for the poor, but tax dollars for the rich...OF COURSE

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  1. I'm sure Indiana is paradise for the wealthy and affluent, but what about the rest of us? Over the last 40 years, conservatives and the business elite have run this country (and state)into the ground. The pendulum will swing back as more moderate voters get tired of Reaganomics and regressive social policies. Add to that the wave of minority voters coming up in the next 10 to 15 years and things will get better. unfortunately we have to suffer through 10 more years of gerrymandered districts and dispropionate representation.

  2. Funny thing....rich people telling poor people how bad the other rich people are wanting to cut benefits/school etc and that they should vote for those rich people that just did it. Just saying..............

  3. Good try, Mr. Irwin, but I think we all know the primary motivation for pursuing legal action against the BMV is the HUGE FEES you and your firm expect to receive from the same people you claim to be helping ~ taxpayers! Almost all class action lawsuits end up with the victim receiving a pittance and the lawyers receiving a windfall.

  4. Fix the home life. We're not paying for your child to color, learn letters, numbers and possible self control. YOU raise your children...figure it out! We did. Then they'll do fine in elementary school. Weed out the idiots in public schools, send them well behaved kids (no one expects perfection) and watch what happens! Oh, and pray. A mom.

  5. To clarify, the system Cincinnati building is just a streetcar line which is the cheapest option for rail when you consider light rail (Denver, Portland, and Seattle.) The system (streetcar) that Cincy is building is for a downtown, not a city wide thing. With that said, I think the bus plan make sense and something I shouted to the rooftops about. Most cities with low density and low finances will opt for BRT as it makes more financial and logistical sense. If that route grows and finances are in place, then converting the line to a light rail system is easy as you already have the protected lanes in place. I do think however that Indy should build a streetcar system to connect different areas of downtown. This is the same thing that Tucson, Cincy, Kenosha WI, Portland, and Seattle have done. This allows for easy connections to downtown POI, and allows for more dense growth. Connecting the stadiums to the zoo, convention center, future transit center, and the mall would be one streetcar line that makes sense.

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