Mariann Dickman, owner and president of Advanced Nitriding Solutions (www.ans-ion.net), 1688 Lammers Pike, asked the Batesville Economic Development Commission Feb. 21 to get behind her application for a $1 million Lawrenceburg Regional Economic Development Grant.
BEDC President Andy Saner explained the LREDG committee has changed the process. Now grant requests must have sponsoring parties, typically governmental units. If city leaders do recommend the project to Lawrenceburg officials and job growth estimates are not fulfilled, Batesville would have to repay the grant amount. “There is an additional layer of review.”
Mayor Rick Fledderman confirmed that Lawrenceburg officials have “definitely tightened things up … they’ve been under a lot of scrutiny” by state officials after unflattering articles in the Indianapolis Star. “They’ve brought the (Southeast Indiana) Small Business Development Center in to vet projects … we have to be a little more selective in what we sponsor.”
The mayor added, “We’ve changed some of the rules we’re going by” when city businesses want to apply for Lawrenceburg grants. In the past, BEDC has not reviewed applications or made recommendations about them.
According to Dickman’s proposal, the total project cost is $2.39 million – $2.2 million to purchase equipment, $90,000 for packing and shipping and $100,000 for installation and training. The needed equipment includes three new nitriding systems, two plasma nitriding systems and one gas nitriding system.
Nitriding is a nonhazardous heat treating process used for surface hardening to provide wear and corrosion resistance for various metal components.
Dickman said she hopes to gain the $1 million grant, a $1 million commercial loan and will invest about $390,000 herself.
The paperwork also states the expansion would add 10 new employees over the next two years with hourly wages of about $15, even though Dickman expects to hire more. The six current employees would be retained, for a total of 16 workers there.