Manufacturing company relocated to Indiana
The state of Indiana has proven itself to be an ideal location for many businesses. As this blog has covered in the past, the state is actively trying to recruit companies from major cities like Chicago and New York. On top of that, some organizations that are already from Indiana are expanding because of the strong business atmosphere.
According to a recent article from Inside Indiana Business, PDQ Tooling, an indexable cutting tool manufacturer for the production machining industry, announced that it plans to open a new Whitley County facility. This will result in pouring more than $7 million into the area to lease, renovate and equip a 17,000 square-foot facility and create up to 45 new jobs by 2019.
"From agriculture to automotive, information technology to biotechnology, Indiana continues to be a state that works for businesses across the industry spectrum," said Eric Doden, president of the Indiana Economic Development Corporation. "Homegrown-Hoosier companies like PDQ experience firsthand the advantages of doing business in Indiana, and we remain committed to building upon our strong workforce, robust infrastructure and low tax policies."
Jerry Busche, the owner of PDQ, told the news source that after examining multiple options, he was proud that Indiana would take part in the latest operations' growth. Because of increased demand, a new space was needed and the "outstanding business climate" of the state made it the best place to help boost the company's operations.
With the help of a manufacturing business software provider, PDQ and any other company locating to the area will be able to run the organization more effectively.