The Fan VSN
Fill Up Fridays
Running For St Jude's Childrens Hospital
Fort Wayne Morning News with Charly Butcher
The Pat Miller Program
Money Talk with Chris Moore
Your Money With Mike
Mutual Fund Show
Fort Wayne Komets
Marketing and Advertising Career
Penny Pitch Application
Public Service Announcements
Recycled Paper Mill to Create 137 Jobs in NW India...
Recycled Paper Mill to Create 137 Jobs in NW Indiana
Created by kblakeslee on 9/17/2013 3:55:22 PM
VALPARAISO, Ind. (AP) _ A paper and packaging company plans to locate a new paper-recycling plant in northwestern Indiana, creating up to 137 new jobs by 2018.
The Indiana Economic Development Corp. said Tuesday that Pratt Industries will invest $260 million to build the recycling plant next to its existing box-making plant in Valparaiso.
At full capacity, the new mill is expected to produce 360,000 tons of recycled paper each year.
The IEDC offered Pratt up to $1.2 million in conditional tax credits and up to $200,000 in training grants based on job creation. Northern Indiana Public Service Co. offered $15 million in energy and infrastructure incentives, and the city of Valparaiso will consider tax abatement.
Conyers, Ga.-based Pratt currently employs more than 320 workers in Valparaiso, located about 15 miles southeast of Gary.
Copyright © 2015 WOWO 92.3 FM | 1190 AM