As Indiana's manufacturing sector continues to grow, companies that are already in the state seek to expand their enterprises. The success of Indiana's manufacturing sector in acting as a catalyst for expansion of manufacturing businesses is evident in Valparaiso where UGN, Inc.'s manufacturing operations are located. UGN, Inc. supplies acoustic, interior trim and thermal management products to businesses within the automotive industry. UGN presently employs over 325 full-time employees in the Hoosier state. Expansion of its manufacturing operations in Indiana will add up to 14 new manufacturing jobs by 2015.
A skilled manufacturing labor force within Indiana is one reason UGN, Inc. seeks to expand is manufacturing operations in Valparaiso. Having access to skilled manufacturers was apparently a major factor in choosing to expand operations according to UGN executives.
"The expansion at our Valparaiso plant is in a central location—and close to our headquarters—and we have a skilled workforce there, which we look forward to expanding." said Peter Anthony, UGN Inc.'s CEO.
In addition to the skilled manufacturing base present in Indiana, the state's business-friendly tax policies were able to entice UGN, Inc. into expanding its manufacturing operations. The Indiana Economic Development Corporation has offered UGN, Inc. up to $115,500 in conditional tax credits. These credits are dependent upon UGN hiring new employees within Indiana.
The Indiana Economic Development Corporation applauded UGN Inc.'s decision to continue to invest in its Valparaiso manufacturing operations.
"UGN's decision to expand operations in Valparaiso shows why Indiana is a state that works. With our low taxes and highly skilled workforce, companies are free to develop and expand here. When we get down to where the rubber meets the road, companies know what to expect in Indiana—stability, an affordable business climate and unlimited opportunity." remarked Eric Doden, President of the Indiana Economic Development Corporation.
By offering tax incentives to businesses that hire Indiana residents, the state hopes to cement its place as the nation's manufacturing leader. Over the last year, business friendly tax policies such as the one offered to UGN have resulted in 13,400 manufacturing jobs added to Indiana's economy.
As manufacturers in Indiana increase operations, the need for business management software for manufacturing increases as well. From managing additional jobs to increasing manufacturing output, manufacturing business software is essential to ensuring that expansion of manufacturing is successful.
Accent Software, Inc. provides manufacturing ERP software so that manufacturers in Indiana can continue to stimulate the state's economy. By utilizing manufacturing accounting software, inventory management systems software and other components of business management software solutions, enterprises in the state of Indiana can grow their business as the manufacturing sector of Indiana's economy continues to thrive.