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ChromaSource investing in new equipment, adding jobs

May 7th, 2013

News Coverage:

ChromaSource adding capabilities to serve global clients

COLUMBIA CITY (May 7, 2013) – Locally based ChromaSource, a nationally recognized manufacturer of color systems and color cards, today announced plans to invest in new equipment that will expand the company’s capabilities, creating up to 12 new jobs by 2014.

“We are very optimistic about the future needs of our clients and our position within the color sampling industry,” said CEO Jason Brooks, “We are adding production equipment to meet increased customer demand.”

The company plans to invest $1.1 million in new equipment and create up to 12 new positions to support this expansion project. Founded in 1996 as a color card company, ChromaSource develops sampling products in a wide variety of formats ranging from color cards, color strips, painting contractor fan decks and major color system libraries available in every retail paint location in the United States. The company now has 110 employees at its 200,000 SF manufacturing facility.

The Whitley County Council today approved a request for phase-in of property taxes on real estate improvements and equipment purchases.

“On behalf of the County Council, I am pleased to see ChromaSource continue to grow and succeed in our community,” said Whitley County Council Chairman Tom Western, “ChromaSource is demonstrating how companies can compete globally from Northeast Indiana.”

Plans for this project quickly came together following a recent EDC Toolbox outreach meeting. In 2012, the EDC launched the EDC Toolbox to communicate how the organization works with local employers to identify resources to plan, build, and equip their businesses. In 2013, the EDC is launching an ongoing business outreach initiative involving a small team of EDC stakeholders who are available on-call to meet with business owners and managers.

About ChromaSource
ChromaSource is a nationally recognized manufacturer of color systems and color cards. We develop sampling products in a wide variety of formats ranging from color cards, color strips, painting contractor fan decks and major color system libraries. Our products help consumers select color at nearly every retail paint location in the United States. For more information about ChromaSource, visit: www.chromasource.com.

About Whitley County EDC
The Whitley County Economic Development Corporation (EDC) is the lead economic development agency in Whitley County, Indiana. The EDC works closely with local, regional, and state partners to support our industry clientsgrowth and success. Our mission is to implement a unified economic development effort and to expand employment and business opportunities for the benefit of the people of Whitley County by developing and maintaining cooperation of all individuals, groups, and organizations within the county. The Whitley County EDC was established in 1992 and represents Whitley County, Columbia City, and the Towns of Churubusco, Larwill, and South Whitley. For more information about the EDC, visit www.whitleyedc.com.

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