Southeastern Indiana manufacturer to expand in Franklin County

Indianapolis Business Journal

Friday, August 28, 2009 3:12 PM

The IBJ

A $300,000 grant from the city of Lawrenceburg will enable Brookville-based Sperry & Rice Manufacturing to create up to 20 jobs within the year, the company announced today.

Sperry & Rice in southeastern Indiana used the funds from a regional economic development grant program to purchase rubber extrusion and finishing equipment. The company produces rubber seals and hoses for the appliance, automotive and truck and bus industries.

Sperry & Rice also received a $10,000 grant from the state's Skills Enhancement Fund to train its employees in production methods, machinery maintenance and quality management needed to operate the new equipment.

Sperry & Rice was founded in 2004 through the merger of Sperry Rubber & Plastics and Rice Chadwick Rubber Co. The company employs 190 people.

Tax abatement could help Indianapolis manufacturer add 43 jobs

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Editor, John C. DePrez Jr.; Executive Editor, Carol Rogers; Publishers: IBRC and IAR