(La Porte, IN) - Another manufacturer has plans to open a facility in La Porte. The city council last night approved a tax abatement for Tubekraft USA.
“In the City of La Porte, we have made it our priority to attract high-wage, quality job opportunities that bring value to our community. With an average wage of $25 an hour, the positions that Tubekraft is creating in our city will undoubtedly have an impact. We are grateful to them for seeing our vision here in the city and are thrilled to welcome them to La Porte,” said La Porte Mayor Tom Dermody.
Tubekraft USA will invest $2.2 million to build a new 19,500-square-foot manufacturing facility in the East Gate Industrial Park. J. Shoffner General Contractors will construct the building.
Officials said the company would spend an additional $1,000,000 to equip this facility. Upon completion of the building and installation of equipment, the company will hire 15 new employees making an average wage of $25.00 per hour plus benefits.
Tubekraft USA creates steel tubes for the automotive, engineering, ag machinery, food processing industry, and energy sectors. Their core business is to manufacture DOM tubes (Drawn Over Mandrel), hydraulic tubes, and tubular components for the automotive and aerospace industries.
“I am grateful to the City of La Porte for welcoming us and to become a part of the community. Also, I am really thankful to all the associations and organizations who have extended help and incentives to get this project going right from the get-go,” said Anurag Sharma, President of Tubekraft USA.
The La Porte City Council approved a real property tax abatement to assist the company's expansion into the Midwest.
Bert Cook, Executive Director of the La Porte Economic Advancement Partnership, added, “The City of La Porte has continued to invest in our industrial sector. New infrastructure provides new locations for businesses to join our community. We are excited that Tubekraft has chosen to become part of the city and look forward to their continued success."
