Indiana Economic Digest | Indiana
Advanced Search

• Most Recent




home : most recent : most recent July 22, 2017


7/12/2017 6:41:00 PM
Dynamic Metals looking to add $3.5 million worth of equipment, over 30 new jobs
A worker at Dynamic Metals in Elkhart works on an armored Humvee door April 20, 2017. Staff photo by Sam Householder
+ click to enlarge
A worker at Dynamic Metals in Elkhart works on an armored Humvee door April 20, 2017. Staff photo by Sam Householder

Ben Quiggle, Elkhart Truth

ELKHART — Local development officials are working to get a tax abatement approved for a manufacturer that wants to expand and add over 30 new jobs. 

Dynamic Metals, which produces a myriad of products including doors for the Chicago Metra Line, windows for Amtrak trains, doors for Humvees produced by AM General in South Bend and much more, is looking to invest $3.5 million in new equipment and add 34 jobs with an average starting pay of between $18 and $20-an-hour. 

Located at 54347 Highland Boulevard in Elkhart, Dynamic Metals has operated for the past six-and-a-half years in the city, but was founded in Dayton, Ohio 13 years ago. 

The Elkhart County Council has approved a declaratory resolution in support of the tax abatement, the first phase of approving the abatement. A tax abatement would allow the company to phase-in increases in property taxes due to the added value of equipment that the company wants to move into their manufacturing facility.

Related Links:
• Elkhart Truth full text

Related Stories:
• Monroe County OD drug naloxone supply stable

Copyright 2017 elkharttruth.com, 421 S. Second St. Elkhart, IN






Editor, John C. DePrez Jr.; Executive Editor, Carol Rogers; Publishers: IBRC and IAR


Software © 1998-2017 1up! Software, All Rights Reserved