Ron Dickerson of Nucor Steel welcomes DuBose Manufacturing to the neighborhood

 

 

Ground Breaking Ceremony
for
DuBose Manufacturing April 13, 2006

Lt. Governor Skillman breaks ground for new manufacturing facility in Montgomery County

CRAWFORDSVILLE (April 13, 2006)—Lieutenant Governor Becky Skillman today joined officials from DuBose Manufacturing, a leading producer of steel strapping, to break ground on a new manufacturing facility near Crawfordsville, a development that has the potential to create approximately 60 new jobs in the next two years.

“We’re being very aggressive in creating a climate in Indiana to attract business, such as DuBose, in all corners of the state and in all communities,” said Lt. Governor Skillman. “The jobs this company is bringing to Indiana offer solid opportunities to dozens of families. I am glad that today we are not only welcoming DuBose as guests from out of state but as Hoosiers putting down roots.”

The state of Indiana, through the Indiana Economic Development Corporation, and Montgomery County Economic Development worked together to provide an incentive package that helped lure the DuBose manufacturing operation to Indiana. Nucor Steel, a supplier to DuBose, has a presence in the immediate area, which also was a factor in the company’s decision to locate in Montgomery County.

The company plans to build an 84,000 sq. ft. facility on a 115-acre parcel in the Nucor Road Industrial Corridor and will employ 30 people when the facility is completed in late 2006. The company plans to add an additional 30 employees within the following year.

The IEDC-offered incentives include up to $74,000 in training grants, $75,000 in infrastructure assistance to the local community, and up to $1.19 million in tax credits based on anticipated employment and capital investment levels.

Montgomery County's incentive offer consists of local real and personal property tax abatement valued at $484,000 over a period of 10 years.

DuBose Strapping is a manufacturer of steel strapping. The strapping is used primarily for industrial packaging applications such as the lumber industry. The DuBose family has been involved in this industry for over 35 years.