Metal-processing firm to renovate factory, hire 105

Dennis Barbosa
May 29, 2014
Back to TopCommentsE-mailPrintBookmark and Share

Delaco Kasle Processing Indiana, a joint venture between metal processing firms, plans to locate its operations in Jeffersonville, creating up to 105 jobs by 2017.

The Diez Group and Steel Technologies, in a joint venture with Kasle Metal Processing, plan to invest $14.28 million in upgrades and expand the 120,000-square-foot former Kasle Metal Processing facility in Port of Indiana-Jeffersonville to 226,000 square feet by summer 2015.

DKP Indiana serves the automotive, agriculture and appliance industries, processing exposed and unexposed aluminum, steel coils and blanks. The company plans to add production lines at Jeffersonville.

Diez Group is a subsidiary of Delaco Steel Corp., based in Dearborn, Mich. Steel Technologies is a flat-rolled steel processor based in Louisville, Ky., a joint venture between Nucor Corp. and Mitsui & Co., with 25 company-owned and joint-venture facilities in the United States, Mexico and Canada.

The Indiana Economic Development Corp. offered up to $750,000 in conditional tax credits to Delaco Steel, as well as up to $100,000 in training grants based on the company’s job creation plans. The company will not be eligible to claim these incentives until Hoosiers are hired.


Post a comment to this story

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

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
Subscribe to IBJ
  1. I am also a "vet" of several Cirque shows and this one left me flat. It didn't have the amount of acrobatic stunts as the others that I have seen. I am still glad that I went to it and look forward to the next one but I put Varekai as my least favorite.

  2. Looking at the two companies - in spite of their relative size to one another -- Ricker's image is (by all accounts) pretty solid and reputable. Their locations are clean, employees are friendly and the products they offer are reasonably priced. By contrast, BP locations are all over the place and their reputation is poor, especially when you consider this is the same "company" whose disastrous oil spill and their response was nothing short of irresponsible should tell you a lot. The fact you also have people who are experienced in franchising saying their system/strategy is flawed is a good indication that another "spill" has occurred and it's the AM-PM/Ricker's customers/company that are having to deal with it.

  3. Daniel Lilly - Glad to hear about your points and miles. Enjoy Wisconsin and Illinois. You don't care one whit about financial discipline, which is why you will blast the "GOP". Classic liberalism.

  4. Isn't the real reason the terrain? The planners under-estimated the undulating terrain, sink holes, karst features, etc. This portion of the route was flawed from the beginning.

  5. You thought no Indy was bad, how's no fans working out for you? THe IRl No direct competition and still no fans. Hey George Family, spend another billion dollars, that will fix it.