Steel Producer Plans UpgradesPosted: Updated:
A steel company is planning a major investment at its facility in the Port of Indiana-Jeffersonville. VOSS Clark is seeking tax abatement on $12 million in proposed equipment upgrades. The Jeffersonville Redevelopment Commission is unanimously supporting the proposal, which still needs to the approved by the city council. Voss Clark has around 130 workers.
January 29, 2014
Jeffersonville, Ind. -- One Southern Indiana (1si) and the City of Jeffersonville announce VOSS Clark's intention to improve its steel processing facility located at 701 Loop Road in the Port of Indiana – Jeffersonville. Through the coordination of 1si, VOSS Clark officials will appear before the Jeffersonville Redevelopment Commission tonight in Jeffersonville City Hall, which will determine VOSS Clark's eligibility to request local tax incentives at a City Council meeting on February 3, 2014.
Upon the approval of tax abatement by the Jeffersonville City Council, VOSS Clark will invest $12 million in upgrading their equipment in a project that will span from February 2014 until December 2015. "The City of Jeffersonville is very pleased to see the continued improvements and capital investment at VOSS Clark,” said Jeffersonville Mayor Mike Moore. "We believe this project and other recent retention projects are evidence the manufacturers in this area are securing their future in Southern Indiana."
A subsidiary of VOSS Industries, VOSS Clark is a 540,000 square-foot steel processing plant offering hydrochloric acid pickling, slitting, and first operation blanking. The company specializes in additional services including tension leveling, pre-wash, automated critical surface inspection, special coatings, gauge and width monitoring, and electrostatic oiling. The company currently employs 132 at their Jeffersonville facility.
"The automotive and steel industries are using more advanced high strength steels in order to meet the stringent Corporate Average Fuel Economy (CAF?) standards. In order to maintain our position as a viable steel processor for the automotive industry, VOSS Clark must upgrade its manufacturing equipment to effectively process these advanced high strength steels," said Joseph Rhodea, President of VOSS Clark. "These enhancements will continue to improve our efficiency and position at VOSS Clark to meet the changing challenges of the steel processing industry. Although Southern Indiana is a logistically exceptional location and we have state-of-the-art steel processing equipment and systems, we feel the true key to our success is our employees. They are a very loyal, hardworking and committed team dedicated to providing excellent customer service and superior product quality."
"We are fortunate to have companies like VOSS Clark call Southern Indiana home," said Wendy Dant Chesser, President and CEO of 1si. "We don’t want to take any of our businesses for granted – whether they are brand new or a company that has been a long-term member of our community. Through our business retention and expansion program we were able to offer VOSS Clark immediate assistance to coordinate this process."
"VOSS Clark plays a key role in the steel campus at the heart of the Port of Indiana-Jeffersonville," said Port Director Scott Stewart. "Their operation touches many other steel-related companies located at our facility, which creates significant synergies for the auto and appliance industries."
About One Southern Indiana
One Southern Indiana (1si) was formed in July of 2006 as the Chamber of Commerce and Economic Development organization serving Clark and Floyd Counties. 1si’s mission is to provide the connections, resources and services that help businesses innovate and thrive in the southern Indiana/Louisville metro area.
Since its inception, the organization has evolved to include a three-prong approach to serve its members and investors. Business Resources, as the chamber side of the organization, encompasses membership, signature events and programs which support and encourage business growth; Economic Development works to grow the regional economy through the attraction of new commerce and assists with retention and expansion of existing businesses; Advocacy supports businesses at the government level by engaging in initiatives to preserve, protect and promote a business friendly environment free of obstacles to growth and development of commerce. http://www.1si.org
About VOSS Industries
Voss Industries steel processing companies are customer driven with two locations serving the Midwest and southern U.S. markets, as well as markets in Canada and Mexico. Our two facilities, VOSS Clark in Jeffersonville, Ind. and VOSS Taylor in Taylor, Mich. act as an extension of the processing capabilities of our customers. As toll processors, VOSS Clark and VOSS Taylor provide our customers with an opportunity to meet the needs of their customers through flexible scheduling, short lead times and on-time delivery.
Source: One Southern Indiana
Editor's Note - The news release was issued before the Jeffersonville Redevelopment Commission's January 29 meeting. The News and Tribune reports the commission is supporting the plan, which now goes to the city council.