The Indiana Economic Development Corporation, in partnership with Conexus, Indiana, announced this week that 34 businesses in the state received Manufacturing Readiness Grants to support technology-based capital investment in Indiana.
The Manufacturing Readiness Grants program was launched in 2020 to stimulate private sector investments to modernize Indiana’s manufacturing sector.
Sequel Wire and Cable, LLC in Argos received a $6,710 grant award. The Marshall County industry is a startup company and manufacturer of copper fabricated and insulated wire and cable product for use in a variety of markets including OEM, wire and cable distribution, appliance, automotive and RVs. The company is implementing automated data collection on production machines across its facility.
A match will be provided by the company of the same amount.
