Tuesday, October 08, 2019 6:17 pm
Milford startup marine-industry supplier to add 75 jobs by '23
Lisa Green | The Journal Gazette
A startup marine industry supplier plans to set up shop in Milford, with up to 75 new jobs by 2023.
Williamsburg Marine will invest more than $1 million to equip a 30,000-square-foot building on Old Indiana 15 to produce marine interiors and related components and accessories. The company is already working with a network of mid- to upper-end marine customers and plans to be operational in Milford by mid-fall, the Kosciusko Economic Development Corp. said in a Tuesday news release.
“We are excited to start our operations in Milford and to become a leading employer in the community,” Williamsburg Marine General Manager Karen Weaver said in a statement. “Our leadership group brings together more than 30 years of experience in the marine industry.”
Elaine Bedel, president of the Indiana Economic Development Corp., said the state loves "to see companies like Williamsburg Marine choose Indiana to start and scale operations." She said the "business climate and talent pipeline" should allow the company to thrive in Kosciusko County.
The economic development corporation offered Williamsburg Marine up to $750,000 in conditional tax credits based on the company’s job-creation plans, the news release said.