Thursday, April 12 2012
Evansville-based Accuride Corp. (NYSE: ACW) is planning to upgrade its Camden, South Carolina plant and hire more employees. The $8.7 million aluminum wheel line expansion could add around 25 additional jobs.Accuride Corporation (NYSE: ACW), a leading supplier of components to the commercial vehicle industry, today announced plans to expand aluminum wheel production capacity at its Kershaw County plant. The company will invest at least $8.73 million to add two machine lines as part of the expansion, which will generate at least 25 new jobs. The Kershaw County Council is expected today to vote in favor of a Fee in Lieu of Taxes (FILOT) agreement for the project; and the company is utilizing South Carolina's readySC worker training program for new hires.
“We are pleased to move forward with plans to expand our Kershaw County operations. Our investment helps to ensure we have the right production capacity in place where and when our customers need it, at a higher standard of quality and dependability,” said Accuride Corporation President and CEO Rick Dauch.
“South Carolina has the business environment and the skilled workforce our facility will require to successfully grow both now and in the future; and we appreciate the support we’ve received from both state and local officials to ensure that this happens,” stated Accuride Camden Director of Operations Don Krampe.
In June 2011, Accuride acquired substantially all of the assets of Forgitron Technologies LLC, including the 80,000-square-foot manufacturing facility located at 30 Hengst Blvd. in Camden. Shortly thereafter, Accuride converted the plant to its standards, and announced plans to expand capacity and produce a range of forged aluminum commercial vehicle wheels at the facility.
“Today’s announcement is another win for one of our state’s rural areas. We celebrate Accuride’s decision to invest $8.73 million and create 25 new jobs in Camden. South Carolina continues to provide the business-friendly-climate where companies of all sizes can grow and prosper,” said Gov. Nikki Haley.
In 2011, South Carolina recruited more than $4.7 billion in investment and more than 13,000 new jobs in the manufacturing sector.
“South Carolina’s manufacturing renaissance continues to build up steam with announcements like this one from Accuride. This announcement also shows that our automotive-related sector continues to create new jobs,” said Secretary of Commerce Bobby Hitt.
“It is exciting to see that Accuride, one of our industry neighbors, is growing and prospering,” said Kershaw County Council Chairman Gene Wise. “This is the solid result of the supportive pro-business climate we enjoy in Kershaw County.”
“We are excited about today's announcement by Accuride Corporation to expand their operations in Kershaw County. More and more corporations are discovering the benefits of investing in South Carolina. We welcome these new jobs and greatly appreciate being a part of the corporate strategy and development plans of Accuride,” said Central SC Alliance Chairman Jim Apple.
The company has already begun hiring for the new positions. Anyone interested in job opportunities with the company should contact SCWorks at (803) 432-5153.
About Accuride Corporation
With headquarters in Evansville, Ind., USA, Accuride Corporation is a leading supplier of components to the commercial vehicle industry. The company’s products include commercial vehicle wheels, wheel-end components and assemblies, truck body and chassis parts, and other commercial vehicle components. The company’s products are marketed under its brand names, which include Accuride®, Gunite®, ImperialTM and BrillionTM. Accuride’s common stock trades on the New York Stock Exchange under the ticker symbol ACW. For more information, visit the company’s website at www.AccurideCorp.com.
Source: Accuride Corp. http://www.insideindianabusiness.com/newsitem.asp?ID=53138
Wednesday, March 17 2010
Old Gallery is first part of $17.5 million project
EVANSVILLE — A newly renovated Old Gallery opened to the public Sunday at the Evansville Museum, showcasing a small portion of a planned $17.5 million project that also includes an expansion.
The exhibit space had been closed since January. It originally was dedicated in 1985 as part of the museum's South Wing addition.
"We're making something old new again," said Museum Director John Streetman. "At that time, there was no other venue for people in the arts to show their work."
The 5,000-square-foot gallery is the museum's largest changing exhibit space. Since its opening 25 years ago, more than just art has graced its space.
The gallery has hosted receptions, community events and concerts.
"It became, really, kind of the living room of our community," Streetman said.
The multipurpose gallery has received new walls, wall coverings, floor covering and lighting. In addition, from the end of the gallery facing the Ohio River and adjacent to the gallery's kitchen are facilities that can be closed off and used for smaller meetings and activities.
It is named the Charlotte M. Richardt Memorial Room in honor of a longtime museum benefactor.
The approximately $700,000 overhaul received major funding from Old National Bank. The gallery originally was created with funding from the bank in honor of Dorothea Schlechte, who opened the first Old Gallery in 1964 in a bank branch at Washington Square Mall.
The public unveiling of the renovated gallery also kicked off a public portion of the museum's "Reach for the Stars" fundraising campaign to underwrite the proposed expansion.
Already, the museum has quietly raised $13 million toward its goal from area corporations, foundations and other major donors.
"The public campaign is just the next step. Our commitment is to keep those signs up until the last penny is raised," said Jeffrey Berger, a museum trustee.
Streetman said raising the remaining $4.5 million is essential to maintaining the quality and extending the life of the institution. He said the Evansville Museum is one of only about 50 general museums still operating in the United States.
"Never have we needed it more than we need it now," he said. "If we don't raise the $4.5 million, we don't do the rest of the project."
When the expansion is completed, it will include a 21/2-story glass pavilion main entrance, a new planetarium and immersive theater; new history and science exhibition spaces; a family gallery for hands-on science learning; a permanent exhibit about Evansville's involvement in the World War II home front, including the LST shipyards; two learning centers for classes and workshops; space for the museum's art consultation service; new museum shop; and needed infrastructure improvements.
"This has got to work. This is my favorite place in town," said Sharon Harrison.
The Downtown resident said she frequents the museum and attends art classes there.
Shirley Tarter, another Downtown resident, said the museum is an important part of the continuing Downtown improvements. "It's important not to neglect the sciences and arts," she said.