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HCED thanks several business for investment
Thursday, April 25, 2013 7:58 AM
In what has become an annual event, the Huntington County Economic Development organization invited representatives of eight local businesses to lunch to thank them for their investment in Huntington County over the previous year.
Mark Wickersham, HCED's executive director, also expressed his appreciation to the many local representatives who have created a welcoming atmosphere in Huntington County for business development.
"Economic development success really can not happen unless you have a collaborative team effort," Wickersham said, a theme he has repeatedly emphasized.
The eight businesses honored during the April 19 luncheon at Habecker Dining Commons invested more than $20.6 million in their Huntington County locations during 2012, creating 166 new jobs and retaining 1,313 existing jobs.
Isolatek International, which manufactures fireproofing materials for steel construction, invested $8 million last year to make the change from coke-fired blast furnaces to furnaces fueled by natural gas. The new technology cut emissions, reduced costs and increased capacity at the plant.
Continental Structural Plastics spent nearly $7 million to renovate its Huntington plant in order to fulfill a new contract from General Motors to manufacture body panels for the 2015 Corvette.
Other businesses honored for their investment in the county were Huntington Sheet Metal, with a $1.2 million investment; M&S Industrial Metal Fabricators, a $500,000 investment; Lutheran Medical Group, a $1.2 million investment; Perfection Wheel, a $130,000 investment; Novae Corporation, a $150,000 investment; and UT Electronic Controls Division, a $2.56 million investment.
Complete caption: Tom Lund (third from left), operations manager at Isolatek International, Huntington, accepts an award of appreciation from Huntington County Economic Development for his company’s investment in Huntington during 2012. With him are (from left) Huntington Mayor Brooks Fetters, Huntington County Commissioners President Leon Hurlburt and Kevin Killen, president of the Huntington County Economic Development board of directors.