There are few things that show how strong a local economy is than when a company that was created in the environment more than 70 years ago is able to not only still be in business, but expand. On top of that, the place they choose to create a new space is in the same area that they started.

According to a recent article from Inside Indiana Business, that is just what is happening in DuBois County. Jasper Engines and Transmission has announced that it has plans to expand its operation. Over the next four years, the company will invest nearly $7 million to purchase, renovate and equip a new facility that will create 235 permanent jobs in the city of Jasper.

Lt. Governor Sue Ellspermann told the news source that the manufacturer is one of the great Hoosier state business success stories. The organization has created hundreds of jobs for residents and expanded within its borders multiple times.

"We continue to see how our business-friendly tax and regulatory policies plus our dedicated workforce make Indiana a place where companies want to expand and locate," Ellspermann said. "Our record-breaking job growth shows that Indiana truly is a state that works."

According to Doug Bawel, the chairman and chief executive officer of Jasper Engines & Transmissions, this will be the third major expansion the organization has undertaken since 2010.

"When looking at our options for expansion, no other place measured up to the business climate in Indiana," said Doug Bawel, chairman and chief executive officer of Jasper Engines & Transmissions.

Terry Seitz, the Mayor of Jasper, said that this expansion is a reflection of the vibrancy of the Jasper economy and the ongoing investments in the city, resulting in an even better place to set up a business. This announcement represents the significance work by city, state and company officials and sets the stage for a long-range positive impact for the company and the greater region.

Being in a state that not only supports local businesses but also has the strong economy to help them grow is a significant benefit. Organizations in Indiana should feel confident to improve their operations with the use of business management software and other tools.