Atwood Has Expansion Plans in Indiana
Elkhart-based Atwood Mobile Products is one of those nine companies with expansion plans in the state. Atwood plans to add 132 new jobs by 2015 by investing $5.9 million to consolidate manufacturing operations from Michigan, and distribution and warehousing operations from Tennessee and other locations to Elkhart County, according to the Indiana Economic Development Corp. (IEDC). With more than 700 associates nationwide, the company currently employs 368 employees at four Elkhart County sites.
Atwood was offered up to $700,000 in conditional tax credits and up to $120,000 in training grants based on its job creation plans, according to the IEDC.
The IEDC this year has worked with 251 companies that have made decisions to expand or establish operations in Indiana, outpacing the 219 decisions by companies announced at year-end in 2011 and in every other year on record. The 251 companies anticipate investing $6.57 billion in their Indiana operations and creating 27,858 new jobs in the coming years.
"We've added jobs at nearly twice the national average for the past three years, but we have seen a significant surge of new interest in the past several months,” Daniels said.
According to the U.S. Labor Department, Indiana ranked second in the country for private sector jobs added over the past month and is fifth for job growth during the past year. Since the low point of employment in July 2009, Indiana's private sector jobs growth (6.6 percent) has nearly doubled the nation’s job growth (3.8 percent).