Archive for the 'Economy' Category

USDA Office Moving to Crawfordsville Indiana

Wednesday, March 23rd, 2011

USDA Rural Development

USDA Rural Development’s Covington Area Office is moving to a new location in Crawfordsville.  Starting Tuesday, March 22, 2011, the office will be located at:

 USDA Rural Development
 Crawfordsville Area Office
 2028 Lebanon Road
 Crawfordsville, IN  47933-2143
 (765) 362-0405 Ext. 4

The Crawfordsville office will deliver USDA Rural Development programs and services to Benton, Boone, Clinton, Fountain, Hendricks, Montgomery, Parke, Putnam, Tippecanoe, Vermillion and Warren counties.

Bill Henderson, Executive Director of Montgomery County Economic Development says,

“This is a positive and welcome addition to our community. The USDA provides many important programs in our region.”

New Company for Nucor Road Steel Campus

Wednesday, February 23rd, 2011

                          Montgomery County Economic Development, Inc (MCED) is pleased to announce that Steel Technologies LLC (Steel Technologies) has signed a Memorandum of Understanding to acquire the business and certain assets of NuPro Steel, LLC (NuPro), a wholly owned subsidiary of Nucor Corporation (Nucor).  Steel Technologies expects to complete the acquisition in April of this year, subject to the execution of a definitive purchase agreement.

Nupro is a flat-rolled steel processor located in the Nucor Road Steel Campus in Crawfordsville, Indiana.
This 230,000 square-foot operation will expand Steel Technologies’ North American platform to 24 facilities, including joint venture operations, located throughout the U.S. and Canada.

Innovation Community 2011

Friday, February 4th, 2011

Montgomery County and Crawfordsville, Indiana have a rich history of Innovation. Our community, Industries and businesses have initiated many first of its kind accomplishments, structures and products.
In earlier times, we won the very first state basketball championship, built the first rotary jail in the country and provided the Chairman for the first Republican National Convention. In more recent times, we were the first country plant for RR Donnelley and Nucor built the nation’s first thin slab steel casting facility here.

These are challenging economic times and communities that work together to plan innovative development strategies will be better competitors in the new global economy.

Corn Power!

Thursday, August 19th, 2010

by
Morris Mills
Bill Henderson

Montgomery County has a proud history of excellence in agriculture and the prospects looks good for farming when you consider the implications of home-grown energy on our economy.

U.S. corn yields have gone from 6.64 billion bushels in 1980 to an estimated 13.30 billion in 2010. That represents a doubling in production over those 30 years with a 10 percent reduction in aggregate nutrient or fertilizer usage. That’s a major jump in efficiency considering that total acres in production have not changed much over the same time period.