Precision adds jobs, Anderson adds development staff
By Rick Yencer
ANDERSON, IN - A local steel processor is adding jobs with a $7 million expansion while urban renewal gets some extra help thanks to city government.
Precision Strip Inc, on West 73rd Street, is build onto its plant that processed steel and aluminum for stamping companies and plans to add 10 more jobs during the next three years. Those jobs pay around $18 to $19 an hour.
Mayor Kevin Smith said the city would provide property tax abatement valued over $1 million for the expansion and new jobs. The company will still pay $5,9 million in property taxes during the 20 years taxes are abated on the expansion valued at $7 million,
Smith and David Eicks, an Anderson City Council member were glad Precision decided to expand locally, given it has operations elsewhere in the Indiana, in four other states, and Monterrey, Mexico.
"We are pleased the company chose to continue expanding in Anderson when other alternatives were presented," said Eicks.
Precision Strip was founded in 1977 and is a world leading toll processor of steel and aluminum. The company has a broad range of suppliers including automotive, appliance and other industrial manufacturers. The expansion helps a growing customer base of auto stamping plants in the region.
Smith also named his park superintendent, Doug Zook as economic development specialist for urban downtown development, a job that was vacant since Smith became mayor.
Zook, also a former Muncie park superintendent, will be responsible for filling downtown vacancies, address traffic and maintain historic landmarks besides oversee downtown festivals and events.
Zook has experience in marketing and was a former owner of the State Theatre, and Smith believed Zook had the experience with the community and was right on target with improving the downtown.
"Doug's duty is to round out the economic development department," said Smith, who pointed to other economic development like a Honda supplier, Greenville Technologies, coming to the community, adding hundreds of jobs.