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Components maker OMCO pours $6.7 million into Pierceton factory

– A Kosciusko County transportation industry supplier is investing $6.7 million in a project that will create 40 jobs by 2016, state and county officials announced Tuesday.

Wickliffe, Ohio-based OMCO will renovate its existing custom metal forming factory in Pierceton and install additional equipment there.

Gary Schuster, OMCO’s president and CEO, said the quality of the region’s workforce and assistance offered by local and state officials played important roles in the company’s decision to expand at 1 Arnolt Drive, Pierceton.

Founded in 1955, the company also operates factories in Wickliffe and Phoenix.

OMCO’s investment includes upgrading the 85,000-square-foot factory and adding 42,000 more square feet of manufacturing space.

The company makes metal components for various uses, including truck bodies, office furniture and solar panels at the Indianapolis Motor Speedway. OMCO promotes itself as the largest custom roll former in the U.S.

OMCO employs more than 500 nationally, including more than 120 in Pierceton.

Hiring for the new positions – including machine operator, maintenance worker, tool and die specialist and material handler – will begin next year.

Elwood Staffing is handling applications for the manufacturer. Wage information was not disclosed.

The Indiana Economic Development Corp. has offered OMCO up to $325,000 in conditional tax credits on the project, based on the company’s job creation plans. The town of Pierceton is offering additional incentives.