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COLUMBIA CITY â€” Production machining company Impact CNC, LLC, announced plans late Wednesday to invest $12.8 million to purchase and equip a new facility at Gateway Park in Whitley County.
The facility, a 30,000 square-foot building, is expected to be operational as early as February and create up to 106 jobs in Columbia City by 2014.
Whitley County Economic Development Corporation President Alan Tio said Jerry Busche, founder and president of Impact CNC, has been looking to get the project off the ground for approximately nine months.
The production machining company is looking to begin hiring computer numerical control (CNC) operators, forklift drivers, maintenance workers, supervisors and support staff over the next two years.
â€śPDQ has exceeded its goals for investment and job creation,â€ť said Tio.
â€śI look forward to establishing Impact CNC in Whitley County,â€ť Busche said in a statement. â€śFor this project, I considered a number of sites in the Midwest, but once again found that Indiana provided the right location to grow the company in the years ahead.â€ť
The Indiana Economic Development Corporation said it will provide up to $550,000 in conditional tax credits and $80,000 in a training grant to assist the company with its job creation plans and reimburse Busche for the Indiana residents he would hire.
The credits are claimable only based on the hiring of employees.
At the request of Whitley County EDC, property tax abatements for the project were approved by Whitley County Council Wednesday.
Hiring will begin in the summer and continue over the next several years.
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