COLUMBIA CITY, Ind. (AP) — A steel industry supplier plans to spend $3.2 million to build a factory in northeastern Indiana that will process scrap material that is used by steel mills and foundries.
Indiana Materials Processing LLC expects to potentially add up to 22 jobs by 2015.
Whitley County Economic Development Corp. President Alan Tio tells The Journal Gazette (http://bit.ly/RdPanu) that the company is looking at a site east of Columbia City, about 20 miles west of Fort Wayne.
The Indiana Economic Development Corp. offered the company up to $100,000 in tax credits and up to $50,000 in training grants based on the company's job creation plans.
Company manager Abid Bengali says he hopes to begin production by the end of the year.