ChromaSource adding capabilities

COLUMBIA CITY (May 7, 2013) – Locally based ChromaSource, a nationally recognized manufacturer of color systems and color cards, today announced plans to invest in new equipment that will expand the company’s capabilities, creating up to 12 new jobs by 2014. “We are very optimistic about the future needs of our clients and our position within the color sampling industry,” said CEO Jason Brooks. “We are adding production equipment to meet increased customer demand.” The company plans to invest $1.1 million in new equipment and create up to 12 new positions to support this expansion project. Founded in 1996 as a color card company, ChromaSource develops sampling products in a wide variety of formats ranging from color cards, color strips, painting contractor fan decks and major color system libraries available in every retail paint location in the United States. The company now has 110 employees at its 200,000 square-foot manufacturing facility. The Whitley County Council today approved a request for a phase-in of property taxes on real estate improvements and equipment purchases. “On behalf of the County Council, I am pleased to see ChromaSource continue to grow and succeed in our community,” said Whitley County Council Chairman Tom Western. “ChromaSource is demonstrating how companies can compete globally from Northeast Indiana.” Plans for this project quickly came together following a recent Economic Development Corporation Toolbox outreach meeting. In 2012, the EDC launched the EDC Toolbox to communicate how the organization works with local employers to identify resources to plan, build and equip their businesses.In 2013, the EDC is launching an ongoing business outreach initiative involving a small team of EDC stakeholders who are available on-call to meet with business owners and managers.