Logansport-based Logan Stampings is planning on moving its Peru operations to the Cass County city. The company says it will invest more than $3 million in the move, which is expected to include at least 12 new jobs.
Logan Stampings currently employs 46 full-time and 28 part-time employees in Logansport. The 15 full-time and five part-time employees at the Peru LSI Fabrication plant will move to a new location in the Logansport Industrial Park.
Logan Stampings’ operations at the current location at 1100 E. Main Street in Logansport will move to the Cass- Logansport Industrial Park. The company currently employs 46 full-time and 28 part-time employees in Logansport. The manufacturer says it does not expect any interruption in business or production during the transition.
The company, which was founded in the 1960s, makes stamped and fabricated products for the metal building, electronics, railroad, agriculture, office furniture and transportation industries. The Logansport City Council is considering $100,000 in incentives based on the job creation plans. The city and Cass County are also considering $500,000 for moving expenses.