Lake Cable investing $7 million to expand Valparaiso plant

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Wire and cable manufacturer Lake Cable plans to invest $7 million to expand its Valparaiso plant, according to the Times of Northwest Indiana.

The company plans to add an additional 82,000 sq. ft. to its 126,000-sq.-ft. plant at 2700 E. Evans Ave. in Valparaiso.

 “We’re thrilled that Lake Cable is continuing to invest in its facility and create more jobs in the city of Valparaiso,” Valparaiso Mayor Jon Costas was quoted as saying. “We have enjoyed a great relationship with the company for more than a decade, and look forward to building upon our partnership and witnessing their continued success in Northwest Indiana.”

Construction is set to be completed in 2020.

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