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Site Location Partnership Client Announcement: Canadian Manufacturer Brings New Jobs and $14 Million Investment to Peru, Indiana

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  site location partnershipPeru, IN (October 20, 2010) – Site Location Partnership (SLP), a Dallas-based corporate site selection advisory firm, announced that Conforce International Inc., a Canadian manufacturer of products for the transportation industry, will locate its first U.S. manufacturing facility in Peru, Indiana. The project will create up to 175 new jobs by 2013.

Conforce will invest $14 million to purchase and equip a 155,000 square foot building to manufacture the company’s flagship EKO-FLOR composite flooring systems for trucks, trailers, and shipping containers. Conforce plans to begin hiring management and production staff in the first quarter of 2011 as new machinery is installed at the facility.

“It’s exciting to announce new investment in any part of our state, but it’s a special joy when it occurs in a smaller community like Peru,” said Governor Mitch Daniels. “We know Conforce had other options to locate this new business, but we also know there is no better place for this business to thrive than North Central Indiana.”

The Indiana Economic Development Corporation (IEDC) offered Conforce up to $865,000 in performance-based tax credits and up to $57,500 in training grants based on the company’s job creation plans. Miami County will consider additional property tax abatements at the request of the Miami County Economic Development Authority.

“On behalf of Conforce, I would like to thank the people of Peru for welcoming us into their community,” said Conforce CEO Marino Kulas. “Conforce is excited to call Peru its new home for the production of EKO-FLOR. The Indiana Economic Development Corporation has provided an economic environment which we believe will be conducive to the growth of our operations.”

“The city of Peru looks forward to a long relationship with Conforce and we’re grateful we could provide them with an offer they found acceptable,” said Peru Mayor Jim Walker. “We appreciate the work of the state and the Miami County Economic Development Authority that helped make this project a reality.”

About Conforce International
Headquartered in Concord, Ontario, Conforce International, Inc. engages in the handling, storage, and transport of overseas shipping containers for international steamship lines, as well as for retailers. Since its inception in 2004, Conforce has dedicated its research and development efforts to an innovative composite flooring system known as EKO-FLOR, engineered to replace the outmoded hardwood flooring currently employed by the transportation industry.

About The Miami County Economic Development Authority

The Miami County Economic Development Authority (MCEDA) is the primary economic and community development organization for Miami County, Indiana. Miami County consists of several small communities and the county seat of Peru, Indiana. MCEDA is a unique partnership of private enterprise and government working as one for the prosperity of North Central Indiana. Its purpose is to coordinate local efforts to attract jobs and new business investment, provide assistance to existing businesses to foster growth and retention, and assist in efforts to sustain and improve the quality of life for Miami County citizens.

About Site Location Partnership
Site Location Partnership (SLP) is a multi-disciplined advisory firm that enables the growth of businesses, communities and economies through its two primary consulting areas - corporate site selection and economic development. SLP’s Corporate Location Practice helps companies from industrial and commercial sectors select the optimal location for expansion, relocation or consolidation of business facilities. SLP’s Economic Development Practice assists various organizations in implementing business attraction strategies for new corporate investment, job creation and economic growth.

Media Contact
Jenny Zeilfelder
Strategic Initiatives Specialist
Site Location Partnership
Phone: 972-874-7483
info@sitelocationpartnership.com
http://www.sitelocationpartnership.com
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