The expansion will help Smoker Craft meet increased consumer demand, and create up to 100 new jobs.
Smoker Craft Inc., a fifth-generation, family-owned boat and pontoon manufacturer, will invest $12 million to construct and equip a 200,000-square-foot space on its current 600,000-square-foot production campus in New Paris, IN. The new facility, which will be used for additional boat manufacturing and shipping, will create up to 100 new jobs by the end of 2024.
“Smoker Craft Inc. started construction on a 200,000-square-foot warehouse and shipping facility,” said Tim Jones, Vice President of Finance for Smoker Craft. “This expansion will be used to increase efficiencies to the loading process and allow us to ship not only more boats to our dealers all over North America, but raise the quality of the delivered product. The warehouse portion of the project is designed to free up manufacturing space in all three of our product lines: Aluminum fishing boats, pontoon boats and fiberglass deck boats.”
“This expansion will help meet the increased demand for our product throughout our dealer network,” Jones added. “We look forward to bringing more quality jobs to New Paris, and continuing our growth in the marine industry.”
The announcement comes nearly seven years after Smoker Craft announced plans to expand operations in New Paris, investing $4.1 million and creating up to 100 new jobs by the end of 2018. The latest expansion project will allow the company to serve growing customer demand. Construction has begun, and the new building is expected to be fully operational by April 2022.
“With homegrown Hoosier companies like Smoker Craft at the helm, Indiana will continue driving its economy forward, positioning our state for long-term economic stabilization and growth,” said Jim Staton, SVP and Chief Business Development Officer for the Indiana Economic Development Corporation (IEDC). “We’re excited Smoker Craft chose to continue propelling its growth here in Indiana, creating even more quality career opportunities for Hoosiers.”
Founded in 1961, Smoker Craft produces aluminum fishing boats, fiberglass sport boats and next-generation performance pontoons. The business sells its boats through a domestic and international network of more than 300 dealers.
Based on the company’s job creation plans, the IEDC committed an investment in Smoker Craft of up to $600,000 in the form of incentive-based tax credits. The IEDC will also commit up to $200,000 from the Hoosier Business Investment (HBI) tax credit program based on the company’s planned capital investment in Indiana. These tax credits are performance-based, so the company is eligible to claim incentives once employees are hired and investments are made. The Elkhart County Council approved real and personal property tax incentives.
“We are extremely pleased that Smoker Craft Inc., a legacy Elkhart County company and a leader in the boating industry, continues to thrive and grow additional production capabilities in New Paris,” said Chris Stager, President of the Economic Development Corporation of Elkhart County.
The company, which currently employs 800 U.S. associates, including 770 in Indiana, is hiring for computer numerical control (CNC) welding positions. Interested applicants may apply online.
Source: https://businessfacilities.com/2021/09/smoker-craft-invests-12-million-in-new-indiana-facility/