Illinois metals company moving operations to Indiana

The Indiana Economic Development Corp. says a producer of high-performance engineering alloys is moving its operations from Illinois to Indiana, creating up to 100 jobs by 2014.

THE IEDC said Saturday that Special Metals Corp. will move its A-1 Wire division from Rockford, Ill., to a 50,000-square-foot plant in Elkhart starting in September. The division makes stainless steel and nickel alloy wire.

Special Metals currently employs 25 people in Elkhart.

THE IEDC says it is offering the company up to $550,000 in performance-based tax credits and up to $150,000 in training grants based on the company's job creation plans. Elkhart County also has granted property tax abatement.

More than 10 companies have announced plans to move all or part of their operations from Illinois to Indiana this year.

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