The Rush County Economic & Community Development Corporation announced that JM CNC, LLC, a computer numerical control (CNC) manufacturer, plans to expand its operations to Rush County, creating up to 62 new jobs by 2018.
The homegrown Hoosier company will invest $4.5 million to add 40,000-square-feet to its Rushville location. The renovation will provide additional space for 20 new CNC machines, employees, and production output. Formerly known as JM Manufacturing, the company changed its name to JM CNC on August 1 to reflect its new owner, Columbia City-based Impact CNC.
JM CNC, which currently has 38 full-time employees in Rushville, plans to begin hiring CNC operators, set-up, assembly, quality assurance and shipping & receiving positions immediately. Interested applicants may apply in person at JM CNC located at 167 East 200 North in Rushville.
“Indiana is such a business-friendly state that has so many resources to support business growth,” said Jerry Busche, CEO of Impact CNC. “Other businesses talk about the Midwestern worth ethic, but I believe that the Hoosier work ethic and family values far surpass those in any of our neighboring states, making Indiana a great place to live and work.”
JM CNC will act as a wholly-owned subsidiary of Impact CNC, its new parent company. Impact CNC currently supplies CNC work to the automotive, heavy truck, off-highway and oil industries. Impact CNC earned the distinction as a 2014 Company to Watch as well as receiving the Outstanding Supplier Support Award from Toyota the same year.
The Indiana Economic Development Corporation offered JM CNC, LLC up to $400,000 in conditional tax credits based on the company’s job creation plans. These tax credits are performance-based, meaning until Hoosiers are hired, the company is not eligible to claim incentives.
“Rush County continues to be a pro-business community where industry leaders have confidence in the progressive economic environment, pragmatic workforce development programs, and local elected officials who encourage and welcome economic investment and growth,” said John McCane, Executive Director of the Rush County ECDC. “Rush County is excited to welcome JM CNC, LLC to our community. At the same time, we honor JB Vogel for his years of commitment to building a stronger Rush County.”
The Rush County Council will consider additional incentives at the request of the Rush County Economic & Community Development Corporation. “This is fantastic day for Rush County,” said County Councilperson Janet Kile. “Rush County maintains its efforts to create the best business environment for companies looking for a place to grow.”
The manufacturing sector accounts for approximately 25 percent of Indiana’s economy, contributing $64 billion each year and employing about 450,000 workers, according to Conexus Indiana. Indiana continues to have the nation’s highest concentration of private sector manufacturing jobs.
About JM CNC, LLC
Founded in 1977 by Roy Vogel, JM Manufacturing has experienced a series of rapid expansions under its current owner, JB Vogel, who purchased the company from his father in 1991. JM Manufacturing is a precision parts manufacturer that uses CNC equipment to produce intricate parts that are shipped to clients worldwide. JM Manufacturing will be a wholly-owned subsidiary of Impact CNC, LLC and will be renamed JM CNC, LLC.