The Indiana Economic Development Corp. (IEDC), in partnership with Conexus Indiana, announced the fourth round of Manufacturing Readiness Grants to Indiana businesses.
IEDC said the grants totaled more than $2.8 million and were awarded to 34 Indiana businesses.
Among grant recipients are three RV suppliers.
CHaSE Manufacturing LLC in Elkhart County received $50,000. The company manufactures decorative interior products, such as cabinet doors, trim and moldings and doors, for RV manufacturers and manufactured housing. IEDC said the company is investing in tech-enabled equipment, including 3D printing, computer vision, IoT and machine learning.
Poly Electronics LLC in Elkhart County received $40,000. The company is a manufacturer of custom electronics and proprietary products for industries including the RV industry. Poly Electronics is investing in automated soldering and conformal coating equipment, IEDC said, along with inventory staging equipment to replace manual processes.
Reliable Tool & Machine Co. in Noble County received $10,000. The company is a machining, welding and assembly manufacturer for industries including the RV industry. IEDC said the company is investing in computer systems to support the latest labor-tracking software and adding a module to reduce reliance on handwritten documentation.
“Hoosier manufacturers are preparing now for the industries of tomorrow,” Indiana Gov. Eric J. Holcomb said. “Through the Manufacturing Readiness Grants program, these forward-thinking companies are modernizing their operations to set themselves up for a successful future.”
The program launched in 2020 to stimulate private sector investments to modernize Indiana’s manufacturing sector. The 34 grant recipients in this round include companies from 22 Indiana counties.
“We continue to be impressed with the applications that demonstrate more and more Indiana manufacturers are embracing and implementing smart technologies to succeed in an increasingly tech-focused environment,” said Mitch Landess, vice president of innovation and digital transformation at Conexus Indiana. “As a partner with the IEDC on these grants, Conexus Indiana and its panel of Smart Manufacturing Fellows review all applications, and we are excited to see technologies such as digital twin, additive manufacturing, collaborative robotics, and IIoT being implemented and impacting both job and business growth.”