Haynes International, a Kokomo-based developer and manufacturer of high-performance alloys, has applied for a permit to expand its operations in Kokomo. It plans to construct two permanent boilers and one temporary boiler. In a press release, the company said a backlog in orders means it will be making more investments.
"Capital spending for the quarter was $3.4 million with spending for fiscal 2011 targeted at $15.0 million of which $6.0 million is for upgrades of the four-high Steckel rolling mill and supporting equipment," the release stated. "In addition to the $15.0 million planned for fiscal 2011, the Company also plans to spend approximately $10.0 million over the course of fiscal 2011 and 2012 to improve the customer service capabilities of the Company’s service centers. "
A round-up of Central Indiana real estate & business permit filings.
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