The Indiana Economic Development Corporation has announced another round of awards totaling nearly $4 million in Manufacturing Readiness Grants to nearly 50 Indiana businesses…
Launched in 2020, the Manufacturing Readiness Grants program was created to stimulate private sector investments to modernize Indiana’s manufacturing industry. Since then, $17.4 million in grant funding has been awarded to more than 200 companies in 60 counties. This new list of recipients includes:
Hoosier Tank and Manufacturing LLC (St. Joseph County; $40,000 grant award) is a made-to-order manufacturer of steel air reservoirs for the heavy-duty truck and trailer industries. The company is investing in a Markforged 3D printer to produce carbon fiber reinforced components and a 3D laser scanning system to analyze, measure and quality check its finished goods.
Laidig Systems Inc. (St. Joseph County; $130,000 grant award) is a manufacturer of bulk material storage and reclaim systems for industries such as food processing, meals, pulp and paper, wood pelleting, biomass, biofuels and ethanol. The company is investing in a new 40,000-square-foot manufacturing facility, including automated cranes and a state-of-the-art, computer-controlled lathe.
Mack Tool & Engineering (St. Joseph County; $85,000 grant award) is a precision machine shop that supplies machined parts and assemblies to the aerospace, medical and other industries. The company is investing in new software to enhance the capabilities of its 16 CNC machines as well as a cobot tending system to augment its manufacturing process.
Michiana Global Mold LLC (St. Joseph County; $145,000 grant award) is a precision mold builder for plastics and rubber injection molding. The company is investing in automated equipment to increase efficiencies and allow for more unmanned production.
Wilco Distributing (St. Joseph County; $50,000 grant award) is a manufacturer of construction products specializing in interior and exterior commercial and residential doors and hardware for the hospitality, multifamily and design and build industries. The company is investing in automated equipment for its manufacturing line for pre-hung door production.
Steel Warehouse Company LLC (St. Joseph County; $50,000 grant award) is a family-owned premier steel processor and service center with distribution, shipping and processing capabilities for slit coil, sheet, plate and cold-rolled steel products. The company is investing in a heavy payload robotic system to automate production of its dock ramp leveling line products.
Stoutco Inc. (Elkhart County; $75,000 grant award) is a steel fabricator that crafts hot and cold rolled steel as well as stainless, aluminized and aluminum and provides an array of blanking capability including lasers, turret punches and shears. The company is investing in an automated fiber laser cutter to augment its current capabilities and secure new business.
Marson International LLC (Elkhart County; $162,500 grant award) is a tube fabricator, specializing in large and small diameter tubes for diverse customers in gas and diesel chassis, RV, power generation, mass transit, construction machines and more. The company is investing in robotics and automation for its buffing, bending and cutting processes.
Talon LLC (Elkhart County; $100,000 grant award) is a manufacturer of fabricated metal products and is investing in fiber laser cutters to enhance workflow flexibility, eliminate the need for oxygen and cutting gases, and reduce energy consumption.
Vista Plastics LLC (Elkhart County; $60,000 grant award) is a plastics extrusion manufacturer and is investing in smart equipment to automate various steps in its extrusion production line for cutting more precise lengths.
Walerko Tool and Engineering (Elkhart County; $55,000 grant award) is a manufacturer of precision piece parts, tools, fixtures and special machines for the heavy off-road, military, marine, aerospace and machine tool industries. The company is investing in new technology and enhanced machinery to further automate its machining processes and to increase output for current and new customers.
Skinny Guy Campers LLC (Elkhart County; $37,875 grant award) is a manufacturing startup that makes self-contained, truckbed campers with heat, light, water and power that fit most North American pick-up trucks. The company is investing in digitized truck beds measurements with advanced precision to enable custom fitting of camper designs to more truck models.
Paragon Medical Inc. (Kosciusko County; $105,000 grant award) is a contract medical device manufacturer that produces a full range of components for the global orthopedic and life sciences market, including bone screws, plates, orthopedic implants, endoscopic devices, sterilization trays and more. The company is investing in additive manufacturing, with a focus on metal 3D printing, enabling rapid iteration on patient-specific devices for the medical device market.
Rochester Iron & Metal Inc. (Fulton County; $37,500 grant award) is a recycler and reseller of scrap metal. The company is investing in an automated conveyor belt, magnets and pre-shredder, which will create production efficiencies such as increased throughput and energy savings while also eliminating heavy, unshreddable metals from the company’s existing auto shredder.
