MUNCIE, Ind. — Taurus Instrument marked its 50th year in small business by relocating and expanding its operations southwest of Muncie.
Company president and co-proprietor Jim McDonald reported in a news release that the company, which delivers deal machining work these kinds of as laptop or computer numerical control turning, milling and fabrication, installed a 5-toes-by-eight-feet statue of a bull close to the entrance its new locale at 4401 S. Delaware Push.
Taurus Instrument designs and builds particular equipment, gauges and tooling, and the company maintains and repairs sections.
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“They are a advancement-minded employer that gives excellent task possibilities,” Delaware County Commissioner James King stated in a organized statement. “It’s excellent to see all they are accomplishing, and their brand is certainly a testament to the company’s strength.”
The transfer to the new 66,000-square-foot building provides job security to its 30 workers, McDonald explained. The company also programs to include a lot more staff members through expanding its line of providers with h2o-jet features as section of its steel chopping expert services for industries ranging from food items packaging to aerospace.
“This is a new products for us, a new possibility,” McDonald explained about the drinking water-jet equipment. “Water-jet equipment are extremely value powerful. You can cut a shape out of a (metal) plate up to eight inches in thickness.”
The new constructing added 42,000 square ft for the area tool maker. The corporation moved in April from its former facility at Delaware County Street 400 South around Indiana 67, which is now becoming utilized by Filtrec, a maker of industrial filters.
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Taurus Instrument marked 50 years in organization in June.
McDonald came to function at Taurus in 2004 and was manager ahead of he and his spouse arrived to an agreement to obtain the enterprise in 2010.
Diversity in merchandise strains aided Taurus Tool remain healthier, MacDonald stated.
The business was the 2017 Prototype Provider of the 12 months Award winner from BorgWarner Automotive, and products for foodstuff-packaging machines make up about 30 % of Taurus’ organization.
Taurus Software also has aerospace contracts that include things like creating for brackets for hanging jet engines on an airframe.
About 40% of Taurus’ business enterprise is in the automotive sector, with prospects this sort of as BorgWarner, Chrysler and Magna.
“We have a enterprise philosophy that no one particular at any time will get to be a lot more than 15% of our organization,” McDonald mentioned. “That lets us experience improvements in the market place.”
With the bigger facility and the new water-jet machinery, McDonald mentioned he would like to employ about five additional people today in the in the vicinity of potential. He credited the county commissioners and their director of financial affairs, Brad Bookout, for “absolutely” enjoying a purpose in the sale of their previous building to Filtrec, liberating Taurus Device to transfer into its new, greater place.
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There were no direct money incentives supplied by the county to Taurus.
McDonald stated that keeping good careers at a good organization was “my giveback to retain individuals staff and expand the enterprise.”
“Delaware County was very delighted to be in a position to play a purpose in building this shift by Taurus Instrument & Engineering doable,” Bookout reported in a information launch. “It’s certainly a acquire-get circumstance to find a new and enhanced home for Taurus and a new and improved property for Filtrec.”