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updated: 10/15/2012 12:44:25 PM
State's 'Best-Kept Secret' Fueling Wabash Economy
The chief executive officer of the Economic Development Group of Wabash County says continuing expansion by the makers of 5-Hour ENERGY gives the area "instant credibility" with site selectors. Bill Konyha says the region has grown in the last five years by focusing on non-automotive sectors including logistics and food processing. During an interview on Inside INdiana Business Television, Konyha discussed Living Essentials' growth.
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Living Essentials announced plans last week to add 200 jobs by 2013 as part of a $25.5 million project at the Wabash Business Complex. The facility will be the company's third in Wabash County.
The project marks the fourth expansion for Living Essentials in Wabash County. The company currently employs 370 people.
Konyha says the region has "had a rough time" because of automotive downsizing during the recession. He says the county has found success by diversifying into other industries.
Source: Living Essentials, Economic Development Group of Wabash County, Inside INdiana Business
