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Commissioners approve economic incentives for Elkamet project

Post Time:Mar 23,2012Classify:Industry NewsView:390


Henderson County commissioners approved economic incentives Wednesday for a $300,000 investment by East Flat Rock-based Elkamet to partner with a German manufacturer of after-market automotive glass replacement kits.


Commissioners approved a five-year incentives package of up to $4,237.


PMA Automotive has a similar partnership with a company in New York, said Andrew Tate, president and CEO of the Henderson County Partnership for Economic Development. PMA Automotive now plans to bring this piece of its business to Elkamet’s recently expanded facility.


The $300,000 investment in equipment by plastics component maker Elkamet will enable the operation to take place in Elkamet’s new building on Mills Street — part of a recent $2 million expansion — that has doubled the size of its complex to 75,000 square feet.


Becky Levi, office manager for Elkamet, said the company hopes that at least half of the new plant will house the joint operation with PMA.


The project is expected to create three jobs with an average wage of $45,000 annually, including benefits, Levi said after making a presentation to commissioners during a public hearing.


“Just couldn’t be more happy to see Elkamet continuing to grow and look for partnership opportunities that will result in more employment opportunities,” Tate said.


Source: http://www.glassbytes.comAuthor: shangyi

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