Press Release

Poet Begins Construction on New Facility in Shelbyville, Indiana

Economic Development | Press Release

Source: POET, LLC

PRES. TRUMP’S COMMITMENT TO YEAR-ROUND E15 PROVIDES MARKET FOR INDUSTRY GROWTH

Friday, October 26, 2018

SHELBYVILLE, IN (Oct. 26, 2018) – Following a strong directive from Pres. Trump to lift the outdated regulations stifling E15 fuel, POET is moving forward with full construction of a new biofuel facility in Shelbyville, Indiana.

Final permit approval came this week for the planned 80 million-gallon-per-year facility. With full construction started, the expected completion date for the nearly $160 million facility is spring of 2020.

“This is the right project in the right location at the right time,” POET CEO Jeff Broin said. “Farmers desperately need the income boost from this new market for grain, and Pres. Trump’s recent announcement of year-round E15 sales has the biofuels industry poised for new growth and prosperity. Shelbyville is leading the way for future production to meet new E15 demand. We’re excited to partner yet again with Indiana to create a cleaner, healthier environment for our children and grandchildren.”

POET Biorefining – Shelbyville will be the 28th starch biofuel plant in POET’s network, and the fifth in Indiana. It will add 45 full time jobs and $110 million in annual corn purchases for farmers in the area, primarily within a 30-mile radius. POET plans to start hiring for full-time positions in spring 2019.

New demand for biofuels is expected in coming years once the Trump Administration provides full consumer access to E15 year-round. President Trump announced earlier this month that he has directed the EPA to fix outdated regulations that limit E15 availability.

E15 is a higher octane, cleaner burning and lower cost blend of 15% biofuel. Full implementation of E15 nationwide would add 7 billion gallons of biofuels demand and an additional 2 billion bushels of corn demand for farmers who have been struggling with low crop prices and declining farm income over the last five years. This additional demand is important for communities that rely on agriculture to drive their economies.

“POET’s project provides jobs right here in Shelby county, but its indirect effects will extend well beyond that,” said Brian Asher, Shelby County Development Corporation Executive Director. “This boosts income for farmers, expands the tax base and circulates new dollars across the entire economy.”

The new facility includes POET’s state-of-the-art environmental controls and production processes. Those include features such as the proprietary Total Water Recovery, which eliminates process water discharge from the plant, and POET’s patented BPX process, which lowers energy use and increases yield, making this state-of-the-art plant even more efficient.

POET’s Shelbyville project at a glance

– 80 million gallons of clean biofuel per year
– 28 million bushels annual corn demand
– Nearly 3 million in added value for local ag products
– Nearly $160 million capital investment
– $2 million+ in annual payroll
– 45 new full time jobs
– More than 275 temporary jobs during construction

About POET

POET, the world’s largest biofuels producer, is a leader in biorefining through its efficient, vertically integrated approach to production. The 30-year-old company has a network of 27 production facilities. POET, through its joint venture with DSM, also operates a commercial-scale cellulosic ethanol plant in Emmetsburg, Iowa. For more information, visit http://www.poet.com.

“Excellence in Affordable Housing” Awarded to Downtown Shelbyville Development

Downtown Development | Press Release

In 2015 RealAmerica LLC and The City of Shelbyville formed a partnership in an effort to reinvest in one of the most under-performing city blocks in the Historic Downtown Shelbyville District. Four blighted buildings were removed to make room for a new 42 unit apartment building with first-floor retail space for a Goodwill Excel Center, a free alternative high school designed for adults to return to school and receive their high school diploma. This project has served for a catalyst for further development and redevelopment within the Historic Downtown District and the neighborhoods surrounding this area. This project also highlighted the success that is possible from a Public-Private-Partnership where all the parties involved have shared goals and interest in the community. Below is the press release from the Indiana Housing and Community Development Authority announcing this year’s award winning projects and communities.

Photos of the North Harrison Senior Apartments

(Source: RealAmericaLLC.com)

Press Realese from the Indiana Housing and Community Development Authority:

(INDIANAPOLIS) – The Indiana Housing and Community Development Authority (IHCDA) today presented the 2018 Excellence in Affordable Housing Awards at the Indiana Housing Conference. The awards are presented to the most outstanding new properties in four categories and celebrate the best in Indiana affordable housing development.

“Safe, decent and affordable housing is imperative to move this state, and the Hoosiers who call it home, to the Next Level,” said Lt. Governor Suzanne Crouch, who serves as board chair of IHCDA. “These developments have and will continue to make a profound impact within their communities.”

This year’s award winners are:

RURAL – Development is located within the corporate limits of a City or Town with a population less than 14,999 or the development is located in an unincorporated area of a county that is located beyond 2 miles of the city or town’s jurisdiction.
Award Winner: The Mercantile (Alexandria)
About the Development: Based on innovative funding round criteria, creating a mix-use housing/retail development allowed for a project that would deliver maximum community impact. Market studies supported the need and potential sustainability for both businesses. Saving an iconic downtown building has contributed significantly to maintaining Alexandria’s cultural and historical identity. This project has been transformational, providing access to healthy food and affordable housing downtown, and providing solutions to real needs as well as a significant economic boost.

SENIOR – Development specifically designed for use by elderly tenants.
Award Winner: North Harrison Senior Apartments (Shelbyville)
About the Development: North Harrison Senior Apartments was created to provide proper senior housing with lower monthly rent and utility costs while creating an inviting atmosphere where friends socialize and help each other out. This community is located in a walkable area to other necessities, provides educational opportunities for both work and personal enrichment, and assists in finding necessary social services to help the residents live independently for as long as possible.

SPECIAL NEEDS – Development specifically designed for use by special needs populations: persons developmental or development disabilities, persons with mental impairments, single parent households, victims of domestic violence, abused children, persons with chemical addictions and/or homeless persons.
Award Winner: Oliver Apartments (South Bend)
About the Development: The development location for Oliver Apartments was selected after considering 10 potential sites and several existing buildings. The South Bend Heritage board and staff also attended numerous neighborhood meetings and community forums to ensure they garnered feedback from stakeholders. What has resulted is a development that houses 32 formerly homeless individuals (both male and female) while at the same time achieving an Emerald Level Energy rating from the National Green Building Council.

URBAN – Development is located within a metropolitan area with a population greater than 15,000.
Award Winner: South Bend Mutual Homes (South Bend)
About the Development: In partnership with Neighborhood Development Associates, South Bend Heritage built 24 new single family homes as part of a special funding round by IHCDA the encouraged “innovative” development. South Bend Mutual Homes offers a unique opportunity for those with lower incomes to live in brand new housing. These homes are located in the Lincoln Park Neighborhood, just west of downtown South Bend.

IHCDA accepted nominations for affordable housing developments that were placed in service between July 1, 2016 and July 1, 2018. The nominations were evaluated by a panel of judges who looked at the location, services, unique features, community impact and financing structure to make their determinations.

Other awards presented at the conference include:

OUTSTANDING RESIDENT VOLUNTEER AWARD
Award Winner: Lottie Shaffer, Resident, Jackson Street Commons (Kokomo)
Presented by IHCDA and the Indiana Affordable Housing Council (IAHC)

LEADERSHIP AWARD
Award Winner: Darrell Mitchell, Founder of Indiana Affiliation of Recovery Residences and CEO of Progress House
Presented by the IAHC

COMMUNITY SPIRIT AWARD
Award Winner: Yolanda Davis, CRA, Horizon Bank
Presented by Federal Home Loan Bank of Indianapolis (FHLBI)

The Indiana Housing Conference is Indiana’s must-attend conference for affordable housing professionals. The conference, which annually draws more than 500 attendees, is presented by IHCDA and the IAHC.

Shelbyville mayor puts next-generation professionals in drivers seat

Press Release

Progressive talent tasked with helping determine, implement policy and direction

Sept. 18, 2018 — Shelbyville, Ind. — Who best knows how to attract diverse new talent to a community with a rich manufacturing and agricultural heritage? Shelbyville, Ind., Mayor Tom DeBaun believes next-generation professionals already living in his city know the answer.

DeBaun has convened nine emerging leaders in the community near Indianapolis and charged them with helping set a wide-ranging strategy for positioning Shelbyville and Shelby County to thrive for decades to come. The young professionals, who have dubbed themselves Backyard Shelby, not only are helping determine strategy, but they also are tasked with carrying it out in ways uniquely suited to their generation.

“This is an opportunity to shape community, policy and development,” DeBaun said. “The key is engaging this group of people specifically. That’s the group that’s left out traditionally.”

DeBaun launched the initiative in July after recognizing Shelby County was aging and in need of fresh blood. “We don’t retain our character by staying the same,” he said. “We need to evolve and grow.”

Blue River Community Foundation Executive Director Amy Haacker, who has been instrumental in launching the project, said it is unusual for a mayor to place so much responsibility with emerging leaders.

“We’re putting a pen in their hands and putting them in the driver’s seat,” Haacker said. “We’re empowering these future leaders to create an environment that would be attractive to them and those who are like-minded.”

Early priorities for Backyard Shelby include promoting the livability and sense of authentic community its members treasure in Shelby County. Other priorities include promoting events, opportunities and amenities as well as the close drive to Indianapolis.

 

Contacts

Shelbyville Mayor Tom DeBaun
Telephone: 317-395-4596
Email: mayor@cityofshelbyvillein.com

Blue River Community Foundation Executive Director Amy Haacker
Telephone: 317-956-7937
Email: ahaacker@blueriverfoundation.com

Backyard Shelby members are available for interviews. Please contact Norm Heikens at 317-509-3276 or norm@normheikenscommunications.com.

Grand Opening for Newest Industrial Partner, NSCI

Economic Development | Press Release

Photo Above: Then Governor Mike Pence, joins executive from NSCI for the groundbreaking of their Shelbyville Facility. Source H2O Designs/Rachael Ackley

MEDIA ADVISORY – July 17, 2018

Governor Holcomb to Celebrate New Manufacturing Facility in Shelbyville
Governor Eric J. Holcomb will join local officials and executives from Nippon Steel & Sumikin Cold Heading Wire Indiana Inc. (NSCI) at 10 a.m. tomorrow to commemorate the company’s grand opening in Shelby County. Plant tours will be available to guests and media following the ceremony at 10:50 a.m.

NSCI is a wholly-owned subsidiary of Japan’s largest steel producer, Nippon Steel & Sumitomo Metal Corporation (NSSMC). In 2016, NSSMC announced plans to establish NSCI in Shelbyville, investing $50 million to construct and equip a 150,000-square-foot cold heading steel wire plant. The new facility is expected to create up to 70 new jobs by 2021, and the company has already hired 37 full-time associates in Indiana.

The company marks NSSMC’s sixth investment in Indiana, joining Indiana Precision Forge, Seymour Tubing Inc., IN/Tek and IN/Kote in New Carlisle, and Suzuki Garphyttan in South Bend. Indiana is home to more than 290 Japanese business establishments like NSCI that support more than 65,000 Hoosier jobs, and that figure continues to grow. During the last five years, the number of Hoosiers employed by Japanese companies increased by more than 40 percent, according to the Consulate-General of Japan in Chicago.

Japan-Based Company Picks Indiana for First U.S. Manufacturing Facility

Economic Development | Japanese Sister City | Press Release

SHELBYVILLE, Ind. (Aug. 2, 2017) – Kimura Foundry America, a global manufacturer of alloy castings for the automotive and industrial sectors, announced plans today to locate its first U.S. manufacturing facility in Shelbyville, Indiana.

“Indiana is a global destination for companies from around the world looking for a place to locate, grow and add new jobs,” said Jim Schellinger, Indiana Secretary of Commerce. “Kimura’s decision continues a long trend of international companies, including many from Japan, choosing to make Indiana their U.S. home. Over the years, we’ve been fortunate to develop a close friendship with Japan, and we’re excited to welcome our friends at Kimura Foundry America to Indiana.”

The company, which is a subsidiary of the Japan-based Kimura Group, will invest $8 million into its new Indiana operations, with plans to open by December 2018. The company has purchased a 10-acre property at 1200 Enterprise Drive in Shelbyville, and plans to break ground in October on a 35,200-square-foot facility, which will house high-tech 3D printing equipment. The new facility will allow the company to produce high-value, complex castings and molds for its quickly-growing U.S. clients in the automotive and pump manufacturing industries.

Kimura Foundry America is now recruiting for positions at its Shelbyville facility, which will include casting engineers, 3D model designers, casting simulation professionals and 3D printer operators, as well as foundry and inspection employees. As part of its growth, the company plans to create up to 20 new jobs by 2020. These positions are expected to pay an average wage above the state average. Interested applicants may apply online at www.kimurafoundry.com.

“When we were searching for our first U.S. manufacturing partner, Indiana offered exactly what we were seeking,” said Yoya Fukuda, Ph.D., president of Kimura Foundry America. “That is because Indiana is strategically located in the epicenter of the industries we serve. The state’s highly-developed transportation networks and its highly-skilled manufacturing workforce were an excellent match. Indiana has a long history of welcoming Japanese companies to the state, and we are looking forward to joining the many other Japanese companies in Shelby County.”

Celebrating its 90th anniversary this year, Kimura Group employs more than 830 associates at its 10 facilities across three campuses in Japan and at its North American sales office near Chicago. The company uses a proprietary process for casting molds using 3D printing technology, allowing it to manufacture products including stamping die castings and machine and industrial tool castings. These products are used in automotive engine parts, pumps, compressors and energy components.

The Indiana Economic Development Corporation offered Kimura Foundry America Inc. up to $225,000 in conditional tax credits and up to $25,000 in training grants based on the company’s job creation plans. These incentives are performance based, meaning until Hoosiers are hired, the company is not eligible to claim incentives. The city of Shelbyville approved additional incentives at the request of the Shelby County Development Corporation.

“We are very pleased that Kimura has chosen Shelby County as their first U.S. venture,” said Shelbyville Mayor Tom DeBaun. “Association with our sister city has shown that personal relationships are important. The high-tech nature of this industry is very exciting for our community.”

Indiana is a global manufacturing center, with companies from around the world choosing to locate their operations in Indiana, which last week was ranked No. 1 in the nation by Business Facilities for its high concentration of manufacturing jobs. Approximately 280 Japanese manufacturing establishments currently call Indiana home, which employ more than 58,000 Hoosiers.

About Kimura Foundry America

Kimura Foundry America, a subsidiary of Japan-based Kimura Group, is committed to developing and refining its casting technology to produce castings of the highest quality for its customers. The Kimura Group is known throughout the world for its proficiency with the full mold casting process and we undertake work from an ever broadening industrial spectrum. But our desire to improve and expand the full mold casting technique – to push back the boundaries – is as firm as ever.

About IEDC

The Indiana Economic Development Corporation (IEDC) leads the state of Indiana’s economic development efforts, helping businesses launch, grow and locate in the state. Governed by a 15-member board chaired by Governor Eric J. Holcomb, the IEDC manages many initiatives, including performance-based tax credits, workforce training grants, innovation and entrepreneurship resources, public infrastructure assistance, and talent attraction and retention efforts. For more information about the IEDC, visit www.iedc.in.gov


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Media Contacts:

Yoyo Fukuda, Ph.D. (Kimura Foundry America) – 224.806.1520 or you-ya@kimuragrp.co.jp

Abby Gras (IEDC) – 317.232.8845 or agras@iedc.in.gov

Japan-Based Auto Supplier Expands Manufacturing in Shelby County – RYOBI Die Casting

Economic Development | Press Release

Another victory for Shelby County. The collaboration between the City and County is why Shelby County stands out​

Thank you to Chairman Urakami and Ryobi Die Casting for their continued confidence in Shelby County…
FOR IMMEDIATE RELEASE
Japan-Based Auto Supplier Expands Manufacturing in Shelby County

Lt. Governor Holcomb Discusses Growth Plans with Company Chairman

INDIANAPOLIS (July 13, 2016) – Lt. Governor Eric Holcomb joined Hiroshi Urakami, the chairman of Japan-based Ryobi Limited, today at the Indiana Statehouse to discuss the company’s plans to expand its operations in Shelbyville, creating up to 150 new jobs by 2018.

“International manufacturers play a key role in Indiana’s economy. That’s especially true of Japanese manufacturers like Ryobi, which together employ more than 53,000 Hoosiers at facilities across our state,” said Lt. Governor Holcomb. “At our meeting today with Ryobi’s leadership team, we discussed Ryobi’s far-reaching impact on our state and how that impact will deepen as the company continues to choose Indiana for growth. We’re excited to see these 150 new jobs coming to Indiana, continuing Indiana’s ongoing momentum in job creation.”

The company will invest $97.5 million into its U.S. subsidiary Ryobi Die Casting USA, purchasing and equipping a 350,000-square-foot facility adjacent to its campus at 800 W. Mausoleum Rd. in Shelbyville. The facility, which will expand the company’s operations in Shelbyville to cover four buildings across 1 million square feet, will allow Ryobi to grow its structural and engine block die casting to increase production to process 500,000 castings annually by 2018. With construction expected to begin this fall, the company plans to begin operating in its new facility by late 2017.

Ryobi, which employs 8,900 associates globally, including more than 860 in Shelbyville, plans to hire for additional manufacturing and management positions over the next 18 months. Interested applicants may apply for open positions through the company’s website.

“Ryobi Die Casting is a world-leading manufacturer of powertrain and structural/body-in-white castings, said Tom Johnson, president of Ryobi Die Casting USA. “This investment clearly shows our commitment to the ever-expanding light weight and fuel efficient markets. Our company considered options on where to locate this expanded production, but we ultimately chose our Indiana facility because of the high-quality work our team performs here, as well as the excellent business environment that continues to support our growth.”

Ryobi launched production in Shelbyville in 1985, which is the company’s only manufacturing location in the United States. Operating 12 manufacturing facilities across six countries, Ryobi specializes in aluminum die casting for more than 300 different types of automobiles. Aluminum die casting helps make automobiles lighter and is a more environmentally-friendly alternative than traditional steel auto bodies. In Indiana, Ryobi produces transmission cases, housings, engine parts and structural parts for Ford, General Motors, Hyundai, Honda and Toyota. A publicly-traded company, Ryobi’s 2015 sales reached $2 billion, with the majority of its revenue coming from its die cast division.

Today’s announcement marks the third large economic development announcement in Shelbyville just this year. In March, Germany-based Krone North America announced plans to relocate its U.S. headquarters from Tennessee to Shelbyville, which will create 101 new Hoosier jobs. Japan’s largest steel producer, Nippon Steel & Sumitomo Metal Corporation (NSSMC), also announced that it is building a new facility in Shelbyville, with plans to add 70 new Hoosier jobs.

“I am very pleased at the announcement by Ryobi Die Casting,” said Shelbyville Mayor Tom DeBaun. “This is yet another example of government and industry working together to create an environment ripe for the growth of our existing partners and a testament to the business friendly atmosphere in Shelby County.”

The Indiana Economic Development Corporation offered Ryobi Die Castings (USA) Inc. up to $775,000 in conditional tax credits and up to $75,000 in training grants based on the company’s job creation plans. These incentives are performance-based, meaning until Hoosiers are hired, the company is not eligible to claim incentives. The city of Shelbyville will consider additional incentives at the request of the Shelby County Development Corporation.

Ryobi is the second Japan-based company just this week to announce that is growing and adding new jobs in Indiana. On Tuesday, Toyota Boshoku made news that it is expanding production in Gibson County to produce vehicle seats and doors for the Toyota Highlander and plans to create up to 160 new jobs by the end of the year. So far this year Japan-based Honda, NSSMC and NB Coatings have all announced that they are expanding in Indiana, growing the already more than 53,000 Hoosier jobs that exist at Japan-based companies throughout the state.

PHOTO: Lt. Governor Eric Holcomb and Mr. Hiroshi Urakami, chairman of Ryobi Limited, meet at the Indiana Statehouse to discuss the company’s Indiana operations. While meeting, Mr. Urakami formally committed to growing his company’s operations in Shelby County.

About Ryobi Die Casting USA

Ryobi Die Casting USA Inc. is located in Shelbyville, Indiana (20 miles southeast of Indianapolis). Our facilities include two die casting plants and a machining facility encompassing 560,000 square feet of manufacturing space. Established in 1985 as a subsidiary of Ryobi Limited (Japan), Ryobi has die casting facilities in Japan, China, Northern Ireland, Mexico, Thailand and the United States. The Ryobi Group of companies makes products that are used in a number of industries.

About IEDC

The Indiana Economic Development Corporation (IEDC) leads the state of Indiana’s economic development efforts, focusing on helping companies grow in and locate to the state. Governed by a 12-member board chaired by Governor Mike Pence, the IEDC manages many initiatives, including performance-based tax credits, workforce training grants, public infrastructure assistance, and talent attraction and retention efforts. For more information about the IEDC, visit www.iedc.in.gov.

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Media Contacts:

John Chrzanowski (Ryobi) – 317 512 5777 or john.chrzanowski@ryobi.com

Brian Asher, Executive Director

Shelby County Development Corporation

16 Public Square, Suite A

Shelbyville, IN 46176

www.shelbydevelopment.com

Japan’s largest steel producer adding operations in Shelby County

Economic Development | Press Release

Governor Mike Pence and Shelbyville Mayor Tom DeBaun joined executives from Nippon Steel & Sumitomo Metal Corporation (NSSMC), Japan’s largest steel producer, today as the company announced plans to establish operations in Shelbyville, creating up to 70 new jobs by 2021.

“This is only possible because of the partnerships forged between the City, the County, Shelby County Development Corporation and the various schools!” Mayor Tom DeBaun

Japan’s largest steel producer adding operations in Shelby County