KINGSBURY | A longtime Michigan City manufacturing company is creating jobs by investing in its current facility and expanding into a new building in Kingsbury.
Dwyer Instruments, a manufacturer specializing in the production of instrumentation products, will spend $769,000 to lease and equip an existing 11,000-square-foot facility at the Kingsbury Industrial Park, according to a news release from the Indiana Economic Development Corp.
The company also plans to invest an undisclosed amount in its research and development operations at the Michigan City location on Ind. 212.
Up to 50 new jobs are projected to be added by 2016.
The new facility, which is expected to be fully operational by September, will allow the company to start manufacturing sensor products for the fire pump, industrial and chemical industries.
Bert Cook, executive director of the Greater LaPorte Economic Development Corp., said Dwyer Instruments staying and expanding close by is a win-win.
''It's a great company that we've worked with for a number of years. It's great to see they are still committed to our area,'' Cook said.
Jim Goldschmidt, director of manufacturing at Dwyer Instruments, said other states were considered for the expansion, but Indiana proved more favorable to do business.
"With its low taxes, Indiana showed that it was committed to creating the business environment we need to grow our business and hire more people," Goldschmidt said.
Another influence in the company's decision to stay is the proximity of Purdue North Central. Goldschmidt said the campus near Westville has been a great resource in providing the engineering and technical personnel to support the company's need for manpower.
The IEDC, which serves as the state's commerce department, offered up to $300,000 in tax credits tied to job creation, and tax abatement was extended by La Porte County officials in their bid to keep Dwyer Instruments.
"It's great to see a company like Dwyer continuing to be successful here. I think it speaks a lot for what's going on within our community and for the company for their commitment to the people here,'' Cook said.
Dwyer Instruments was founded in 1931 and makes a variety of control and instrumentation products for the HVAC, chemical, food, oil and gas, and pollution control industries.
The company has other locations including Anaheim, Calif.; Grandview, Mo.; and Hong Kong. According to IEDC officials, about 530 of Dwyer's 740 employees work in Indiana.