You choose, we deliver
If you are interested in this story, you might be interested in others from The Journal Gazette. Go to www.journalgazette.net/newsletter and pick the subjects you care most about. We'll deliver your customized daily news report at 3 a.m. Fort Wayne time, right to your email.

Business

  • Yellen sees economy as hazy
    JACKSON HOLE, Wyo. – If anyone thought Janet Yellen might clarify her view of the U.S. job market in her speech Friday, the Federal Reserve chair had a message:The picture is still hazy.
  • Rib Room building sold; eatery to remain
    The owner of the Rib Room, 1234 E. State Blvd., has sold the building that houses the restaurant to local real estate investors Matt, Kurt and Chris Henry, according to a statement Friday.
  • McDonald's names Logan's CEO to lead its U.S. unit
    CHICAGO – McDonald’s Corp. said Friday that longtime restaurant executive Mike Andres will take over as president of the chain’s U.S. operations, which have struggled to boost sales amid increased competition.
Advertisement

Aluminum maker goes big

Highmark Technologies adds jobs, space in larger plan

A zoning issue sparked a Fort Wayne company to scrap its original plans in favor of a larger project pegged at nearly $2 million.

In March, Highmark Technologies went before the City Council seeking an abatement to build an 11,500-square-foot manufacturing and warehouse complex at its five-building, eight-acre campus.

Rather than seeking approval for a zoning change from commercial to light-industrial, President Michael Parrott withdrew his application and opted to construct a building that would be more than double the size of the initial proposed structure.

The company, at 8343 Clinton Park Drive, makes aluminum structures used in trade show exhibits and other events.

Parrott said while his original plans might come to fruition later, he felt his new endeavor will better position the company for growth.

“After re-evaluating our plans, the first building would have been a stopgap,” Parrott said. “This is a better decision for the kind of business we expect to be doing.”

A pair of abatement requests will be introduced to the City Council on June 25.

Ten- and seven-year property tax phase-ins will save Highmark $255,272 on property improvements and equipment, based on an application filed with city officials last week.

Highmark, founded in 1998, employs 14 workers. The expansion will result in 10 jobs – eight of those full time – ranging from $38,000 to $52,000.

Officials expect construction to begin in August and conclude early next year.

The planned 26,250-square-foot building will house design, engineering, fabrication and assembly operations.

Highmark said its largest customers are in Atlanta, Chicago and Philadelphia. In 2012, the company earned $3.2 million in annual sales.

pwyche@jg.net

Advertisement