Recap: Check Out These Recent RTW Indiana Investments!

Three businesses are investing soon in Right to Work Indiana. These are Stellantis, Smoker Craft, and Paragon Medical. Stellantis will be updating its current Indiana facility. Smoker Craft will also be making changes to its current Indiana location, specifically to expand. Meanwhile, Paragon Medical will be adding a new location. So these are some exciting changes occurring in Indiana. Altogether, these three companies will invest a total of $260 million toward the state’s economy.

Read on to learn more about each investment!

Stellantis:

Stellantis is investing $229 million in order to update its facility in Right to Work Kokomo, Indiana.

“It’s an incredibly exciting day for the state of Indiana as we celebrate Stellantis’ major investment in its Kokomo operations. […] Not only is Stellantis investing in the future of the auto industry, but the company is also in skilling up hundreds of Hoosiers to meet the demands of an evolving workforce.”

AREA DEVELOPMENT MAGAZINE

Smoker Craft:

Smoker Craft is investing $12 million in order to expand in Right to Work New Paris, Indiana. This will also create 100 new jobs.

“Smoker Craft Inc. started construction on a 200,000-square-foot warehouse and shipping facility. […] This expansion will […] increase efficiencies to the loading process and allow us to ship not only more boats to our dealers all over North America but raise the quality of the delivered product. The warehouse portion of the project is designed to free up manufacturing space in all three of our product lines: aluminum fishing boats, pontoon boats and fiberglass deck boats. This expansion will help meet the increased demand for our product throughout our dealer network. We look forward to bringing more quality jobs to New Paris, Indiana, and continuing our growth in the Marine Industry.” […]

“We are extremely pleased that Smoker Craft Inc., a legacy Elkhart County company and a leader in the boating industry, continues to thrive and grow additional production capabilities in New Paris.” 

AREA DEVELOPMENT MAGAZINE

Paragon Medical:

Paragon Medical is constructing a new location in Right to Work Pierceton, Indiana, which is made possible by an investment totaling $19 million.

“Indiana’s reputation as the Orthopedics Capital of the World continues to grow thanks to companies like Paragon Medical. […] Their commitment to grow in the Hoosier state shows the confidence Paragon Medical has in our business-friendly environment and talent pipeline, and we look forward to continuing to work with the company as they continue to grow in Indiana.”

AREA DEVELOPMENT MAGAZINE

To read the previous update on economic development in Right to Work Indiana, click here.

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