The Austria-based voestalpine Böhler Welding Group has announced plans to invest more than US$13 million to start business in Portage. Our partner in the Northwest Indiana Times reported that the company will build a 138,000 square foot facility in AmeriPlex in the Port Business Park and create 50 jobs over the next three years.

The Portage City Council has approved tax cuts for the project for five years. The facility will be used to produce welding consumables, such as low-alloy and high-alloy welding wires and electrodes. 

"Voestalpine is a leading partner in the European automotive and consumer goods industries, as well as the global oil and gas industry, and a global market leader in turnout technology, special rails, tool steels and special steels," said Andy Ma, Director of Economic Development at voestalpine Leita (Andy Malletta) said. City, tell the publication. "The company has more than 50,000 employees worldwide and annual revenues of more than $12 billion."

The company plans to hire 25 workers by the end of this year, and the remaining new jobs will be filled in the next three years. The average hourly wage for these jobs is $18.68, plus an additional $4 per hour in perks. The average annual salary of salaried employees is expected to be approximately US$55,000.

Voestalpine managing director Eduard Peinhopf (Eduard Peinhopf) told The Times that the company plans to hire locals. It will work with the Indiana Career Connections and Workforce Innovation Center to assist in recruitment.

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