News & Events

Herr-Voss Stamco

to build new plant in the Nucor Road Industrial Corridor creating up to 25 high wage jobs by 2014. The Indiana Economic Development Corporation offered Herr-Voss Stamco up to $225,000 in conditional tax credits based on the company’s job creation plans. The company will invest in a new 20,000 sq. ft. facility and begin construction this year.

Herr-Voss Stamco is an industry leader in providing products and services to metal processing industries providing turnkey solutions from design to manufacture and start-up of coil processing equipment as well as services tailored for mills such as roll grinding, chrome plating and equipment repair/reconditioning. 

Last year, in collaboration with Wabash College, Montgomery County Economic Development (MCED) sponsored the inaugural Forum on Innovation. Two initiatives were identified from the Forum. The first was to organize an Innovation Community Team to help us develop the basis for a comprehensive economic development plan.  The other was to survey the community and various business groups, to determine what segments of the economy we should focus on as we plan for the future of our community.

Crawfordsville, Ind. – You are invited to attend a four hour interactive seminar session where you will learn, “Facts/The Current Situation,” “Points to Ponder,” “Bright Ideas and Best Practices,” and participate in exercises geared to stimulate your thinking and insight into mature worker and multigenerational issues.

Montgomery County has officially been accepted into the Indianapolis Airport Authority’s Foreign Trade Zone (FTZ), effective March 3, 2011. Montgomery County Economic Development, (MCED) filed the request for the Foreign Trade Zone ASF Program, in July of 2010, on behalf of the community.

Bill Henderson, MCED Executive Director says,

“The new trade zone designation places our industries in a better position to compete globally and gives current and new companies the ability to bring in new manufacturing equipment and defer the import tax until the equipment is operational.  In some instances, the duty can actually be reduced. The program also extends to imported products and parts used in local manufacturing.”

Montgomery County Economic Development (MCED) hosted Lane Ralph, Deputy Director for State Senator Richard Lugar yesterday. Mr. Ralph asked MCED to arrange an itinerary for the day that would include manufacturing, agriculture and tourism with a specific request to tour the Nucor facility.

Management at Nucor Steel arranged the tour and gave us a presentation on the Nucor philosophy of putting Americans back to work and becoming a country that makes things again.I cannot say enough about the importance of our top manufacturers and legislators getting together to work on these and other issues. Of course, energy and transportation were also important subjects.