Pulaski County Commissioners to Discuss Business Loans Today

Pulaski County Commissioners: Mike McClure, Jerry Locke, Kenny Becker

The Pulaski County Commissioners will discuss a couple business loan modifications this morning. They’ll consider a revolving loan request from Kinder LLC, and Community Development Commission Executive Director Nathan Origer is expected to give an update on Winamac Coil Spring’s loan. An appointment of an at-large Community Development Commission member will also be presented for the commissioners’ review.

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Good Oil, Kersting’s Cycle Center, Winamac Coil Spring Get Governor’s Half Century Business Award

Indiana Economic Development Corporation Photo

Three local companies were recognized for more than 50 years in business by Governor Eric Holcomb last week. The Governor’s Century and Half Century Business Awards were presented during a ceremony at the Indiana Statehouse Thursday, according to the Indiana Economic Development Corporation.

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Work Ethic Certificate Program Begins at Winamac High School

 

Winamac High School seniors will soon participate in a newly-installed work ethic certificate program.

The Eastern Pulaski School Corporation’s application for the program was accepted by the Department of Workforce Development to join the Governor’s Work Ethic Certificate Program. The program is designed to connect employers to their local school district to create a collaborative partnership that benefits the community.

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Pulaski Council Gives Go-Ahead For Forgivable Loan

Winamac Coil Spring
Winamac Coil Spring
Winamac Coil Spring has cleared another hurdle in its quest to expand operations in Winamac as the county council this week gave their approval of a forgivable loan. A representative for Winamac Coil Spring approached the county council this week alongside Community Development Corporation Executive Director Nathan Origer, who said the business has acquired Chesapeake and they are looking to make improvements and investments in order to expand.

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Pulaski Commissioners Tentatively Approve Forgivable Loan

Pulaski County Commissioners Larry Brady, Vice President Terry Young, and President Tracey Shorter
Pulaski County Commissioners Larry Brady, Vice President Terry Young, and President Tracey Shorter
A business is looking to expand in Pulaski County, as a representative for Winamac Coil Spring approached the county commissioners this week alongside Community Development Corporation Executive Director Nathan Origer. Origer said the business has acquired Chesapeake and they are looking to make improvements and investments in order to expand. They are not moving the facility, he said, but they are moving a division from Kewanna to Winamac with hopes to double or triple in size within the next few years.

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Winamac Coil Spring Considering Expansion Into Pulaski County

Winamac Coil Spring
Winamac Coil Spring

A Kewanna-based business is poised to expand operations into Winamac, according to information shared with the Pulaski County Economic Development Board of Directors. Winamac Coil Spring is in the process of purchasing the former Chesapeake Recycling property south of Winamac on U.S. 35 and plans to move a production line from Fulton to Pulaski County. The move will initially create between nine and 12 jobs with the potential for significant sales and employment growth over the next decade. Winamac Coil Spring officials recently approached Pulaski County Economic Development Director Nathan P. Origer to ask about an upfront cash incentive from the county to offset some of the hefty front-end costs involved in the project. Origer’s board discussed the matter and agreed to recommend a forgivable loan of up to $150,000 guaranteed by a contract.

WCS is a leading manufacturer of compression, extension and torsion springs for a variety of customers and also offers wireforms. The company was founded in 1948 by Walter Pesaresi and is now run by second and third generation descendants.

Winamac Coil Spring Needs New Transformer for Expansion

Winamac Coil SpringThe town of Winamac recently reviewed a quote regarding a new factory that’s looking to expand in Winamac and is in need of electric service. Town Manager Jim Conner explained the work should take place within the next few weeks – an “exciting” prospect, he said.

Winamac Coil Spring company is seeking electric service to expand in Winamac, and Conner said the quote came in around $74,815. Some of that, he said, will be the town’s expense, and the remaining portion will be covered by the company itself.

Conner said the cost is for a new transformer, as the current one isn’t large enough to serve the company’s estimated load. As a result, a new primary feed will also need to be installed, and a fee will be charged to connect existing service to the new transfer. Conner said the work itself should take roughly a week.

Winamac Coil Spring Suffers Significant Fire

Several fire departments responded to a fire at Winamac Coil Spring at Kewanna Thursday.

According to Plant Manager, “Doc” Russell, the fire was significant. All of today’s shifts are canceled because of the blaze. Winamac Coil Spring employs 167 workers and is a $25 million a year concern. The plant covers 125,000 sq. ft. with another 12,500 on the drawing board to be added to the complex.

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