Steel wheel and rim manufacturer Dexstar Wheel, a division of global tire manufacturing leader Kenda, was recently offered up to $590,000 in tax credits through the Economic Development for a Growing Economy (EDGE) Tax Credit program for its ongoing and planned future expansion project that will take place at the Dexstar facility in Elkhart, Ind., fueling growth and bringing new jobs to the region.
“Dexstar is thrilled to be expanding our commitment to the Elkhart community and our employees,” Bill Blumka, Dexstar Wheel general manager, stated in a release. “This investment serves to allow Dexstar to build upon our position as a premier provider of high-quality wheels to the RV industry in Northern Indiana as well as the many other segments we serve. We are very appreciative of the support from the IEDC (Indiana Economic Development Corp.) to our investment and helping Dexstar further its commitment to the Elkhart community, our employees and the many customers we serve. Additionally, I would like to thank Dexstar Manager Matt Wilkinson for his outstanding leadership in bringing this initiative to fruition.”
To support its growth, Dexstar Wheel is committed to hiring up to 60 new full-time employees. The increased staffing is in addition to Dexstar’s current 80 employees. The existing and newly created production and support staff jobs are high-paying, with expected average hourly rates between $20-22. This expansion is anticipated to be fully in place by 2023.
“With the state’s business-friendly environment, skilled workforce and strong manufacturing sector, Indiana offers companies like Dexstar Wheel the perfect location to expand their operations,” said Indiana Secretary of Commerce Jim Schellinger. “We’re excited Dexstar Wheel is choosing to fuel its growth in Elkhart, increasing its manufacturing footprint and creating quality career opportunities for Hoosiers in north-central Indiana.”
The Indiana Economic Development Corporation offered Dexstar Wheel up to $590,000 in conditional tax credits based on the company’s job creation plans. These tax credits are performance-based, meaning the company is eligible to claim incentives once Hoosiers are hired.
For more information about Dexstar, visit www.dexstarwheel.com or call 574-295-3535.
About Dexstar Wheel
Dexstar Wheel, a division of global tire manufacturing leader Kenda, is its North American steel rim and wheel manufacturer serving some of the largest original equipment manufacturers and distributors in the trailer and RV industries in the world. ISO certified, Dexstar is distinguished by a long history of quality, unsurpassed service and high capacity automated state-of-art operations. At the core of its reputational and manufacturing excellence are strong engineering and technical capabilities – automation and robotics strengths along with the use of the highest quality materials to produce products superior in the industry. In Elkhart, IN, Dexstar is committed to doing the right thing the first time every time – a philosophy of continuous improvement delivered by quality people to exceed customers’ expectations. www.dexstarwheel.com
Founded in 1962, Kenda is a global leader in tire development and manufacturing. With over 12,000 employees and factories worldwide, Kenda continues to expand product offerings in the automotive, bicycle, powersports, trailer/specialty, and wheelchair markets. Kenda takes pride in operating under the core values of honesty, innovation, quality, and customer service to provide the highest level of products and services to customers across the globe. For more information, please visit www.kendatire.com