Adranos receives $5.1 million in incentives for Indiana-based manufacturing plant
Adranos plans to construct a facility in the Purdue Research Park of West Lafayette to manufacture solid rocket fuel. (Image provided)
Plant will enable large-scale manufacturing of Adranos’s proprietary solid rocket fuel, ALITEC
WEST LAFAYETTE, Ind. – Adranos Inc., a Purdue University-affiliated company that has developed a high-performance, solid rocket fuel called ALITEC for long-range missile and space launch systems, announced plans Wednesday (Feb. 3) to construct a facility in the Purdue Research Park of West Lafayette to manufacture ALITEC in support of various launch systems, including hypersonic systems.
The company has obtained $5.1 million in land, funding and tax credits, collectively from Purdue Research Foundation and the Indiana Economic Development Corporation.
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Small businesses in Indiana are one step closer to having access to additional financial aid from the state. House Bill 1004, passed by the Indiana House Tuesday, will provide funds to help small businesses that have been hit hard during the pandemic.
The proposed legislation will allow certain businesses to receive up to $50,000 in aid through the program that will be run by the Indiana Economic Development Corporation (IEDC).
Businesses in the hospitality industry could be given preference.
Rep. Shane Lindauer (R- Jasper) authored the bill. He says the program builds on a previous one the governor started in the fall for small businesses using CARES Act money.
Clearline Technologies will open in this former manufacturing facility in the Industria Center industrial park. Photo provided
February 3, 2021
By Delaware County Economic Development
Delaware County, IN – A Canadian company that uses recycled rubber to make speed bumps, parking blocks and rubber supports for rooftop lines and pipes is locating manufacturing operations in Delaware County.
Clearline Technologies will open in a former manufacturing facility in the Industria Center industrial park, the company and the Delaware County commissioners have announced.
The company’s website can be accessed at www.c-port.net.
Clearline revolutionized the pipe supports industry by using recycled rubber and metal strut to provide a stronger and more durable and environmentally friendly way of ensuring infrastructure longevity for rooftop piping and HVAC solutions. Today, Clearline has grown to more than 20 different models and more than 70 different size applications, including tra
GOP Leaders Supportive Of Holcomb s Regional Recovery Program
Brandon Smith/IPB News
Republican legislative leaders are supportive of the Regional Recovery Program Gov. Eric Holcomb unveiled in his State of the State address.
Under the program, the Indiana Economic Development Corporation will work with regions – rather than just individual counties or cities – on projects that aim to improve quality of life. That might be through workforce training, industry development or social programs.
Senate President Pro Tem Rodric Bray (R-Martinsville) said he hopes it will prioritize improving mental health services.
“If we can get some of those people out of those jails and into facilities that would be able to help them, I think we’d be able to really move the ball forward there,” Bray said.
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