HME Inc. to expand in Topeka; total economic impact estimated to be $12.5M
TOPEKA, KANSAS — On December 8, 2021, the Joint Economic Development Organization (JEDO) board approved an incentive agreement that will aid in the expansion of Haas Metal Engineering. Haas Metal Engineering, or HME, is a leading AISC-certified provider of high-quality structural steel, custom metal fabrication and steel erection services. For 25 years, HME has championed innovative solutions, meeting the ever-changing needs of the construction industry.
Previously referred to as “Project Platinum,” this expansion is expected to produce an estimated $15 million in capital investment. The total economic impact expected over the next 10 years is $12.5 million. The performance-based incentive for this project is up to $60,000, resulting in a 172% return on investment.
“Our constant investment in innovative technologies and ongoing efforts to attract and retain the best talent are vital to our success,” said Jon Haas, owner of HME. “The continued growth of HME is possible because of incentives like this. Thank you to JEDO and the Greater Topeka Partnership for their ongoing support of the manufacturing industry.”
“HME Inc. is continuing to innovate and grow,” said Topeka Mayor Michelle De La Isla, JEDO chair. “This investment is another sign of their commitment to Topeka and Shawnee County, and further proof that entrepreneurial goals and dreams thrive in our great city.”
“HME Inc. is a valued Shawnee County business,” said Shawnee County Commissioner Kevin Cook. “I’m very happy to see their business continue to grow through this expansion. I fully expect this effort to increase their impact on the regional metal-manufacturing industry and inject opportunity into our local economy.”
“This project will allow HME Inc. to continue to operate with state-of the-art equipment and facilities,” said Molly Howey, president of GO Topeka. “This is a win for Topeka’s steel and metal manufacturing industry, as the expansion allows HME to acquire bigger projects and continue to position Topeka as a front-runner in this important manufacturing field.”
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