Huntington Aluminum to expand operations

Huntington Aluminum Inc., a metals recycling firm based in Huntington, Indiana, has announced plans to invest more than $2.75 million to construct and equip a 40,200-square-foot addition to its Huntington operations, doubling the size of its facility. The company says it plans to have the expansion completed by November 2014.

Huntington Aluminum says its expansion plan will allow it to recover from its warehouse fire in April 2014, increase production capacity at the facility and allow the plant to accept new orders.

Eric Doden, president of the Indiana Economic Development Corp. (IEDC), says, “After a fire earlier this year, Huntington Aluminum has come back stronger than ever, ready to double in size. Its Hoosier success story is an inspiration, proving what’s possible when determination collides with the perfect environment for growth.”

“We are pleased that the state of Indiana, the city of Huntington and Huntington County are all helping us grow as a company right here in Huntington,” says Roger Kilty, owner of Huntington Aluminum. “We were at a crossroads: either stay as we are and turn away business or expand. We’ve chosen to expand in Indiana.”

Founded in 2011, Huntington Aluminum collects and processes aluminum and scrap metal, specializing in the aluminum 356 alloy. The company serves the automotive industry.

To assist in the expansion, the IEDC has offered the company up to $225,000 in conditional tax credits and up to $75,000 in training grants based on the company's job creation plans. The tax credits are performance based, meaning until residents of the state are hired, the company is not eligible to claim incentives. The city of Huntington and Huntington County approved incentives at the request of Huntington County Economic Development.