Grain handling equipment manufacturer Ag Growth Industries recently announced the company's plans to locate a new manufacturing facility in Union City, Ind., with plans to create more than 70 new jobs by 2010.
The Canada-based company, which manufactures and distributes augers, conveyors, grain storage bins and other grain handling equipment, will make a multi-million dollar investment to locate its new operations in the 163,000 square foot former Union City Body Company building on the city's west side.
The company will begin hiring fabricators, welders, painters and supervisors in early 2008.
"We are thrilled with the acquisition of this outstanding facility in Randolph County," said Paul Franzmann, Ag Growth's vice president of corporate development. "The facility is first class and the location in Indiana is situated very well in our key US market. A key consideration for Ag Growth was good access to labor and we are confident that the community can provide the workforce we need."
The Indiana Economic Development Corp. offered Ag Growth up to $475,000 in performance-based tax credits and up to $70,000 in training grants based upon the company's job creation plans. The City of Union City and Randolph County have committed to provide the company property tax abatement and each have committed up to $100,000 in grants to the company.
Ag Growth is a leading manufacturer of portable and stationary grain handling, storage and conditioning equipment, including augers, belt conveyors, grain storage bins, grain handling accessories and grain aeration equipment. Ag Growth's sales, marketing, and distribution system includes approximately 1,400 dealers and distributors in 48 states and nine provinces.
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