Officials: NTK bringing 198 jobs, $98 million investment to Anderson – Ken de la Bastide – The Herald Bulletin

ANDERSON – A sister company to NTN Driveshaft will make a $98 million investment in Anderson that will bring 198 jobs to the city.

Anderson city officials will announce this morning that NTK Precision Axel Corp. will build a 300,000 square foot facility to the west of the NTN Driveshaft building near 73rd Street and Layton Road.

NTK hopes to start production at the Anderson facility in October 2018. The last of the 198 jobs are expected to be created by 2021.

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Industrial Park Owner Adds Former GM Lot – Dan McGowan – Inside Indiana Business

ANDERSON – The owners of Raceway Industrial Park in Anderson have acquired a nearby property from the RACER Trust. The nearly 15-acre tract previously served as parking for the old General Motors facilities. Tower Anderson LLC says the property will be used to expand the park’s parking and storage capacity.

Read More…http://www.insideindianabusiness.com/story/32557761/industrial-park-owner-snaps-up-former-gm-lot

Illinois-Based Manufacturer Expanding in Lake County – 6/28/2016 – IN.GOV

Indianapolis Indiana Secretary of Commerce Victor Smith and Hobart Mayor Brian K. Snedecor joined executives of NB Coatings, a Japan-owned manufacturer of automotive coatings for plastics, today as the company broke ground on its new northwest Indiana facility, creating up to 22 new jobs by 2018. Among all U.S. states, Indiana has the largest amount of Japanese investment per capita with more than 250 Japan-based businesses operating in Indiana today, said Governor Mike Pence. As a state, we’ve made it a top priority to establish a pro-growth business environment that is attracting job creation from across the globe, and today Im proud to welcome yet another international business to the Hoosier state.

Source: Illinois-Based Manufacturer Expanding in Lake County – 6/28/2016 – IN.GOV

Construction to Start on Mega Park Shell Building – Inside Indiana Business – Dan McGowan

A groundbreaking ceremony is set Monday for a shell building at a Wabash Valley industrial property. The $3.3 million project at Vermillion Rise Mega Park is expected to be complete by the end of the year.

Terre Haute-based Garmong Development Company LLC purchased the site from the Newport Chemical Deport Reuse Authority and it will locate the 50,000 square-foot facility on parts of 32 acres. Park officials say plans call for it to be expandable to more than 200,000 square-feet. Plans for the project have been progressing more than two years.

Read More…http://www.insideindianabusiness.com/story/31912737/construction-to-start-on-mega-park-shell-building