Vestil

Angola, IN (2018)

Vestil

Business Development, Manufacturing, Rural

A manufacturer and distributor of material handling products including loading dock equipment, packaging equipment, steel hoppers, fork truck attachments, industrial ladders, industrial carts and dollies, and protective barriers.

Investment

NMTC Amount: $13,000,000
Total Project Cost: $14,140,000

IMPACT

530 FTE jobs
35 construction jobs
With the expansion and implementation of new equipment the new 100 FTE's anticipated will be offered additional training.

CDEs

Fort Wayne New Markets Revitalization Fund, SCORE

Investor

PNC

Project Description

Vestil is a manufacturer and distributor of material handling products including loading dock equipment, packaging equipment, steel hoppers, fork truck attachments, industrial ladders, industrial carts and dollies, and protective barriers. The NMTC proceeds allows for the installation of new equipment necessary to be fully operational.