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Performance-Based Tax Credits, Training Grants
Fuel Metal Spinner’s Expansion Plans

Wednesday, April 01, 2009
 
KIHM Metal Technologies, Inc., Brazil, IN, announced plans to invest more than $530,000 to expand its manufacturing operations, upgrade equipment and add new production shifts through the expansion efforts. One reason for the expansion: to help prepare the firm to take on a new project to manufacture “fire bottles,” part of a fire-suppressant system for aircraft crews. Company co-owner Bill Kaupp expects the project to result in the hiring of another 40 to 50 employees over the next few years. To support KIHM’s expansion efforts, the Indiana Economic Development Corporation offered the firm up to $350,000 in performance-based tax credits and $39,500 in training grants, based on its job-creation plans. Learn more about KIHM’s capabilities—metal spinning, laser cutting and welding, and more—at www.kihmmetaltech.com.

Stamtec Adds Hydraulic-Press Business

Monday, March 30, 2009
 
Dees Hydraulic Industrial Co., Ltd., a Taiwanese builder of hydraulic presses for deep drawing, die spotting and other applications, named Stamtec, Inc., Manchester, TN, its exclusive sales and service outlet for North and Central America and parts of South America. Dees manufactures presses from small C-frame models to huge tandem lines; www.deesgroup.com. Learn more about Stamtec at www.stamtec.com.

Detroit Skilled-Worker Staffing Agency
Expands its Reach

Friday, March 27, 2009
 
Diversified Industrial Staffing, Troy, MI, which provides skilled workers including CNC programmers, machinists and certified welders, has announced a plan to bring its services to markets all over the United States. Included in its list of new markets: Atlanta, Baltimore, Boston, Los Angeles, Philadelphia, Minneapolis, Nashville and St. Louis. The company provides employers with qualified candidates who have undergone resume, reference and criminal-background checks, and have taken drug tests; www.diversifiedindustrialstaffing.com.

 

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