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Business

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Barge manufacturer to open factory in Berne

A Fort Wayne-based manufacturer of sectional barges plans to invest more than $6 million to establish a plant in Berne that will create up to 26 jobs by 2015.

Mid-America Foundation Supply, Inc., which operates as Poseidon Barge, plans to purchase, renovate and equip a 72,180-square-foot facility on 22 acres at 725 East Parr Road in Berne, the Indiana Economic Development Corporation said in a news release Monday night.

The facility, which will begin operations in May, will provide the company with the additional space it needs to fabricate, store, test and display its product line of portable sectional barges.

“Being located in northeast Indiana gives Poseidon a marked advantage in transporting equipment to the contractor, saving them time and money in mobilization and setup costs,” Mary Habegger-Fox, president of Poseidon Barge, said in a statement. Poseidon Barge, which currently employs about 70 full-time associates in Fort Wayne and at a temporary facility in Berne, has already begun hiring welders and fabricators. Interested applicants may apply in person or by sending their resume to applicants@poseidonbarge.com.

The Indiana Economic Development Corporation offered Mid-America Foundation Supply, Inc. up to $300,000 in conditional tax credits. These tax credits are performance-based, meaning until Hoosiers are hired, the company is not eligible to claim incentives.

The city of Berne will consider additional incentives.

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