Global Materials Manufacturer Expanding in Tipton
10/11/2011 6:54:00 AM
TIPTON, Ind. - - BÃ¶ttcher America Corporation, a manufacturer of printing and industrial materials, announced plans today to expand its operations here, creating up to 35 new jobs by 2014.
The company, which produces rollers, press room chemicals and printing blankets for the graphic arts, packaging and converting industries, will invest $2.1 million to purchase new equipment and expand its manufacturing capabilities with a 30,000 square-foot addition to its current facility.
"It's not surprising to see a company with a rich history like BÃ¶ttcher find Indiana as a great place to do business," said Dan Hasler, Secretary of Commerce and chief executive officer of the Indiana Economic Development Corporation. "As a leader in manufacturing, more jobs are being created for Hoosiers thanks to our state's competitive low-tax policies and pro-business climate."
BÃ¶ttcher, which currently has 40 full-time employees in Indiana, plans to begin hiring machine operators, warehouse, technical and supervisory associates next year.
"As our packaging and industrial roller business continues to grow, it has become necessary to expand our offering of compounds and add new equipment capable of handling larger sizedrollers," said David Dinsmore, president of BÃ¶ttcher America. "We looked atvarious options and decided to expand our existing facility because of its proximity to our Midwest customer base and because of the support we get from the town and county of Tipton."
BÃ¶ttcher was founded in 1878 in Leipzig,Germany and began manufacturing gelatin printing rollers. In 1983, BÃ¶ttcherestablished BÃ¶ttcher America near Baltimore, Md. and in 1997, added a second manufacturing facility in Tipton, Ind. The company also has internationalfacilities in Eastern Europe, Southeast Asia and South America.
The Indiana Economic Development Corporation offered BÃ¶ttcher America Corporation up to$180,000 in performance-based tax credits and up to $24,500 in training grants based on the company's job creation plans. The city of Tipton initially approvedadditional property tax abatement and a $100,000 loan from the city's revolving loan program.
BÃ¶ttcher, which traces its beginnings back to Cologne, Germany in 1725, is a global manufacturer selling into 80 countries from 21 production facilities. BÃ¶ttcher America, founded in 1983 with the acquisition of the Harrigan Roller Company, Inc., oversees all North American activities via manufacturing plants and sales offices in Mississauga, Canada andMexico City, Mexico. For more information about BÃ¶ttcher, visit www.bottcher.com