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Updated: Wednesday, 19 Sep 2012, 4:39 PM EDT
Published : Monday, 17 Sep 2012, 8:56 PM EDT
ANGOLA, Ind. (WANE) - A Steuben County company announced plans Monday to expand operations, creating up to 95 new jobs by 2016, according to the Indiana Economic Development Corporation.
Autoform Tool & Manufacturing, Inc. currently operates in nearby Fremont and plans to expand its current operations and move its workforce to Angola, investing approximately $10 million to purchase, renovate and equip its facilities.
The IEDC said the 10-acre Angola campus, which includes two buildings offering a combined 165,000 square feet of production space, is slated to be operational in January of 2013.
"Locally-owned companies like ATM are the foundation of Indiana's economy. As these companies get bigger, it's nice to see them stay, invest and create more jobs in the Hoosier State," said Indiana Governor Mitch Daniels. "ATM has employed Hoosiers for many years and we're glad they've chosen to expand in Steuben County again."
The company, which currently has more than 170 full-time employees in Fremont, plans to begin hiring additional manufacturing, production, quality control and engineering associates next year.
All current employees will be transferred approximately seven miles away to the new campus as part of the project.
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