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Muncie keeping close watch on power project

– Muncie officials are keeping a close eye on a project that promised to bring hundreds of jobs to the city, saying the company’s production schedule doesn’t match up with time frames announced last year when it received pledges of millions in local and state incentives.

South Carolina businessman Gary Dannar announced last year that he expected to employ 20 people in Muncie by the end of 2014 and begin producing his Mobile PowerStation vehicle in the city.

The vehicle is designed to offer government and military customers a means to operate tools and provide “off-grid power” at accident scenes.

Dannar told the Star Press that the work on the vehicle is currently being done in Detroit and Greenville, South Carolina.

In June 2013, Dannar received local promises of a $150,000 loan, free rent for three years in the former Twoson Tool building and $500,000 in improvements to the building. The state of Indiana offered up to $2.6 million in tax credits dependent on job creation goals being met.

Local officials have been watching the project carefully after being burned in recent years by investments in companies that failed to deliver on promises to create jobs.

County Commissioner Larry Bledsoe said local leaders have been assured that Dannar is on track.

Dannar said he is optimistic about his company’s future in Muncie.