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Expanding and advancing

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HERAEUS HEROS: Employees of theHeraeus Electro-Nite Peru site break ground on their expansion site with Plant Manager Jason McCoythere to celebrate.
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GROUNDBREAKING NEWS: Heraeus Electro-Nite Plant Manager Jason McCoy delivers a speech detailing plans on the new expansion and what it means for the company.

BY Paige Conley - pconley@perutribune.com

While many residents stayed inside where it was warm Tuesday morning, several Miami County officials withstood winter weather to celebrate the expansion of Heraeus Electro-Nite's local site with a groundbreaking ceremony.

The company, founded in Germany, came to the Peru community in 1989 and has since attributed to the town's growth and prosperity with their work.

Heraeus produces measurement systems consisting of a sensor, instrumentation and associated hardware that keep track of molten metals including steel, iron, aluminum and copper, according to the company's website.

“These systems provide a wide range of measurements including those for temperature, oxygen, hydrogen, and carbon,” stated information from their website. “As well as single spot measurements, continuous measurement systems are also available for the continuous casting machine.”

While the company has been a part of the Peru community for almost three decades, they've continued to expand their industry and make investments with Peru in mind.

“Heraeus, as (Miami County Economic Authority Executive Director) Jim (Tidd) said, has been here since 1989,” said Miami County Economic Development Authority Board of Directors Chairman Jim Yates. “During that time, they've had some growth, they've had period of times when they've had a little slow down and now they're growing and expanding again at historic levels in our community,” Yates said.

Now the company is investing even further and has received approval from their headquarters in Germany to expand their factory.

The expansion will be over 100,000 square feet, according to Heraeus Electro-Nite Plant Manager Jason McCoy, and bring new jobs to the Peru area, how many is yet to be determined, however.

“This will double the size of our facility and represents a significant investment Heraeus is making in Electro-Nite for continued success and future growth,” McCoy said.

While construction for the project, being handled by Steinberger Construction, broke ground on Tuesday, McCoy already has plans for the new space and how it's going to benefit the company.

“A large part of it will be for distribution,” he said. “We do the distribution for our final product for all of U.S. and Canada, so a large part of it will be warehouse distribution, but then there will also be additional manufacturing as well.”

According to McCoy, the company is currently leasing different sites to accommodate distribution so the addition will allow them to bring their work under one roof and set them up for future opportunities.

It also sets Peru up for success seeing as statistically speaking much of the community's growth will come from existing businesses like Heraeus, according to Tidd.

“A lot of recognition in communities comes about from new businesses coming in and those kinds of things, but, in fact, 80 percent of the community's growth will come from its existing businesses,” Tidd said.

Considering the company's respected past with Peru, officials are extremely grateful Heraeus decided to make an investment such as this one in town.

“On behalf of the authority, we thank Heraeus for their continued presence in our community and their decision to make this expansion here in Peru, Indiana,” Yates said. “The authority pledges to assist Heraeus, however we can for their continued support and we look forward to a successful partnership with this fantastic company.”

As for the City of Peru, Mayor Gabe Greer expressed his gratitude to not only the company, but the people who make it all happen on a daily basis.

“The employees that work here, you guys make this company successful, along with all the management and have made the investment and the expansion possible through all of your hard work so thank you guys very much for making Heraeus the success it is here in Peru,” Greer said.

Greer went on to say he hopes the city and Heraeus have many more years working alongside one another and prospering together; a sentiment McCoy fully agreed on.

“We've been here since 1989 and it's been a great partnership with the City of Peru,” McCoy said.