Lynn “Doc” Munger was Vet of the Game on Saturday, Oct. 17, at the University of Michigan during a game vs. Michigan State. The Jumbotron shows Munger during his days serving the country in World War II. [READ MORE]
Members of a Fremont Middle School advisory group, seventh-graders Sage Stroh, left, and Logan Patterson, hang posters in honor of veterans at a Fremont business. Pam Harger, middle school counselor, said students from each grade compose the group. Group members choose service projects and ways to improve their school.
FREMONT — Carver Non-Woven Technologies officials said they chose to bring 65 new jobs to Fremont because of tax incentives and location.
The company was welcomed to town and received approval on a 10-year tax abatement from the Fremont Town Council Tuesday
The company, a manufacturer of non-woven parts, will invest $17.13 million to renovate and equip the former Amcast Automotive plant at 706 E. Depot St., which has been vacant since 2008.
The 143,580-square-foot facility will house state-of-the-art equipment allowing Carver to create high-end, lower weight, quality fiber products for automotive, recreational vehicle and household products for customers. The non-woven products are fabric-like materials that are bonded together by chemical, mechanical, heat and solvent treatments. Renovations are already underway and the company plans to begin production in the second quarter of 2016.
Carver is a new subsidiary of Indiana-based R3 Composites Corp., which announced plans to establish a manufacturing facility in Grabill in 2011. Carver has already begun hiring and plans to employ 65 people by 2018 with average wages at $45,000 annually for technical jobs.
Company officials said it liked Fremont’s proximity to their Grabill facility and Michigan is right across the state line.
“The technology Carver Non-Woven will introduce to the non-woven market will be cutting edge in its ability to create low variance sheet weight (density), highly homogeneous resonated blends and multiple fiber/glass matrixes with superior dimensional stability and mechanical properties,” said Kirk Klein, chief financial officer of R3 Composites Corp. He said the company will have specialty equipment shipped in from Europe this spring.
Klein said Carver would like to expand in the future and add an additional 150,000 square feet of space.
The Indiana Economic Development Corp. offered Carver Non-Woven Technologies up to $475,000 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.
Fremont Town Judge Chris Snyder, who also sits on the Fremont Redevelopment Commission, said it overwhelmingly recommended the abatement to council.
“It was a good project and will create jobs,” Snyder said.