RICHMOND, Ind. – Two Wayne County businesses will receive EDIT grants totaling $124,000 to support expansion projects that plan to create 71 jobs.
Dot Transportation, a division of Dot Foods, will receive an economic development grant of $86,000, and Vandor Group Inc. will receive a grant of $38,000.
Theresa Lindsey, business and workplace development manager for the Wayne County Economic Development Corporation, presented the EDIT grant applications to Wayne County commissioners on Wednesday, and the commissioners unanimously approved both. . EDC’s board of directors had approved the applications on Monday.
Dot is planning a $5.5 million investment in its Gateway Industrial Park distribution facility in Cambridge City. Work would include expanding office space, renovating a gatehouse and creating a lorry drivers’ lounge with showers and sleeping berths. Lindsey said the company hopes to attract 43 additional truck drivers.
“This shortage of drivers is critical,” she said.
Drivers would earn $60,000 a year just driving the minimum amount, and they can earn up to $107,000 after their first year. Dot will pay new drivers $750 per week for about a dozen weeks of CDLA courses and truck training with experienced drivers.
The $86,000 grant offsets training costs with $2,000 for each of the 43 planned new hires.
“Dot Transportation, Inc. is committed to finding ways to increase the number of tractor-trailer drivers for the company at a time when the national driver shortage is at an all-time high,” said Valerie Shaffer, President of EDC, in a press release. “We have seen their efforts pay off and that is great news for Cambridge City and our county. It is exciting to see this business continue to grow in Wayne County.
Lindsey said Vandor plans to invest $3 million over three years, creating 28 jobs during that time. Entry-level positions will have a starting salary of at least $15 per hour.
A new line of coil options products will be added to the Progress Drive facility, and a line of funeral products will expand to the Rich Road facility.
“Their continued investment across their various divisions strengthens the economic base of the community,” Shaffer said in a press release. “I am grateful that Vandor continues to invest in our community.”
The $38,000 EDIT grant will help with employee training and facility improvements.
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Richmond City Council on April 4 approved six tax abatements for Vandor’s overall $6.4 million investment in manufacturing and IT equipment at the Rich Road, Industries Road and Progress Drive locations.
“Vandor offers a strong history of positive impact and good-paying jobs in Richmond,” Mayor Dave Snow said in the statement. “I am delighted to see this continued expansion and look forward to future growth.”
Vandor began in 1972 building funeral caskets and interior components. Since then, it has expanded to the manufacture of spools for wires, cables and optical fibers, as well as plastics, with single and multi-shot injection molding.