Rushville Republican

News

December 21, 2012

INTAT gets support for local expansion

RUSHVILLE — The Rushville Common Council and the Indiana Economic Development Corporation say they recognize the importance of capital investments being made and the subsequent job growth it will produce.

At the Dec. 18 Council meeting, members voted to approve INTAT’s personal property abatement request.

Mayor Mike Pavey said, “We have been working closely with INTAT since the announcement of the expansion to ensure there were no obstacles to this plan. The city understands the importance of this initiative, not only to Rushville and Rush County but also to the new employees who will be hired.”

The Indiana Economic Development Corporation (IEDC) was pleased to learn that INTAT was considering Rush County as a site for its expansion.

“Creating an environment that allows businesses like INTAT to grow and thrive in the Hoosier state is paramount to our economic success,” said Dan Hasler, Secretary of Commerce and chief executive officer of the Indiana Economic Development Corporation. “Our low-tax policies and highly-skilled workforce have made Indiana the premier automotive manufacturing state in the country.”

IEDC has offered conditional tax credits and training grants based on the company’s job creation plans.

INTAT Precision, Inc. a foundry established in 1988, is a prime supplier to Toyota.

The operation expanded to Plant 2 in 1999.

They currently employ 288 workers and will add at least 50 new jobs with the planned expansion.

INTAT Vice-President Brad Rist stated, “The city council’s approval of our abatement request and state incentives solidify our investment decision and paves the way for this expansion. I would like to thank Mayor Pavey, the Rushville City Council and the IEDC for their pro-business support of this expansion. We are excited and looking forward to the future in Rushville.”

Ñ Rushville Republican

 

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