State awards Manufacturing Readiness Grants

State awards Manufacturing Readiness Grants

Reprinted from Inside Indiana Business, June 20, 2022

INDIANAPOLIS – The Indiana Economic Development Corp., in partnership with Conexus Indiana, announced the sixth round of awards totaling nearly $4 million in Manufacturing Readiness Grants. The IEDC says the grants are being awarded to 43 Indiana businesses, supporting more than $46 million in technology-enabled capital investment.

The program aims to stimulate private sector investments to modernize Indiana’s manufacturing industry. Since it was established in 2020, the IEDC says more than $17 million in grant funding has been awarded to 212 companies in 60 counties.

“Manufacturing is in Indiana’s DNA—we build things,” said Governor Eric Holcomb. “The demand for the Manufacturing Readiness Grants program has proven time and time again to us that these investments help Hoosiers build things better.”

The grant recipients from South Central Indiana Economic Development Group are listed below:

  • Dorel Juvenile Group Inc., Bartholomew County – $68,600 to invest in various robotics, including cobots, to automate the packaging and handling of its finished goods.
  • Precise Tooling Solutions, Bartholomew County – $167,500 to invest in an automated work cell that pairs cobots with a new CNC graphite mill/pallet changer and an EDM sinker machine for lights-out manufacturing.
  • Green Sign Co. Inc., Decatur County – $50,000 to invest in two ultraviolet, light-emitting diode flatbed digital printers to automate the cutting process.
  • Lanthier Winery LLC, Jefferson County – $50,000 to invest in technology to transition from batch to continuous distillation as part of a larger winery expansion.


/ Expansion, Indiana