Kentucky-Based Manufacturer Picks Indiana for New Production Facility

Ohio Valley Precast, a manufacturer of precast concrete products, announced plans today to establish operations in Clark County. With its growth, the company plans to create up to 80 high-wage jobs to support increased production of precast concrete components in the industrial, commercial and civil construction sectors.

“Ohio Valley Precast's decision to establish operations in Indiana continues a trend of growth as businesses across the country are choosing to locate in a state that works,” said Governor Mike Pence. “We have worked diligently to create a low-tax, pro-growth business climate, which is ranked among the top five in the nation, and we are proud to be home to millions of hardworking Hoosiers. This company could create jobs anywhere, but they chose Indiana because we offer the tools needed for success both now and in the future.”

The company, a subsidiary of Lexington, Kentucky-based Bristol Group, will invest $12 million to construct and equip a new facility at 15000 Rocket Plan Road, which will serve as Bristol Group’s first Indiana operation. The company will build an initial 35,000-square-foot facility, which will be complete by the second quarter of 2017, and plans to nearly double that footprint over the next five years. The new facility will allow the company to increase its production capacity to 3 million square feet of precast concrete components annually and more efficiently serve its regional customers.

“Ohio Valley Precast is excited to make this investment in southern Indiana. With this new operation, our company will be able to capitalize on a strong existing demand in the region, while also taking advantage of Indiana’s best-in-class business climate," said Todd Ball, president of Ohio Valley Precast. "With changing building codes and a tight construction labor market, our insulated precast wall panels bring an unmatched value to owners, developers and contractors. We are looking forward to starting construction and hiring Hoosiers as soon as possible.”

Bristol Group currently employs more than 100 associates as part of its Lexington, Kentucky-based operations. Ohio Valley Precast plans to begin hiring for supervisors, engineers and production operators in 2017. Positions are expected to offer average salaries more than 30 percent higher than the county’s average wage. Interested applicants may inquire by emailing careers@ohiovalleyprecast.com.

Founded in 1997, Bristol Group specializes in civil, industrial, commercial design and construction services. In 2003, the company began offering precast structural and architectural concrete systems to meet a variety of quality and time sensitive construction projects such as segmented holding tanks, highway sound barrier walls, mid-rise hotels and distribution facilities. Bristol Group offers design and engineering services for customers throughout the Ohio Valley and the Southeast, which include Hitachi Automotive, DHL, North American Stainless, Marriott, Hyatt, United Parcel Service and the U.S. General Services Administration.

The Indiana Economic Development Corporation offered Ohio Valley Precast LLC up to $625,000 in conditional tax credits and up to $50,000 in training grants based on the company's job creation plans. These incentives are performance-based, meaning until Hoosiers are hired, the company is not eligible to claim incentives. The Clark County Council approved additional tax incentives at the request of One Southern Indiana.

“The attraction of high-paying jobs for Southern Indiana residents is extremely important to Clark County, and we stand ready to help Ohio Valley Precast in any way we can," said Barbara Hollis, president of the Clark County Council.

One in five Hoosiers work in the manufacturing industry and roughly 8,500 manufacturing businesses operate in the state. Since 2013, Indiana has added 161,800 new jobs, with more Hoosiers working today than ever before in the state’s 200-year history.

About Bristol Group
Bristol Group was founded in Lexington, Kentucky, delivering high value design-build construction services to commercial and industrial clients. The company began as a construction manager but pivoted quickly to become a design-builder with its own design expertise, labor and equipment to control cost and schedules. For more information about Bristol Group, visit www.bristolgrp.com.

About IEDC
The Indiana Economic Development Corporation (IEDC) leads the state of Indiana’s economic development efforts, helping businesses launch, grow and locate in the state. Governed by a 12-member board chaired by Governor Mike Pence, the IEDC manages many initiatives, including performance-based tax credits, workforce training grants, innovation and entrepreneurship resources, public infrastructure assistance, and talent attraction and retention efforts. For more information about the IEDC, visit www.iedc.in.gov.

Indiana Employment Continues to Rise, Unemployment Rate Drops

Indiana businesses added 5,600 new jobs in August, bringing Indiana's total private sector employment to 2.65 million, according to a Bureau of Labor Statistics report released today by the Indiana Department of Workforce Development.

Indiana“Indiana’s economy is experiencing incredible momentum right now. The state’s job creators have hired more than 150,000 Hoosiers since January 2013, and businesses continue to pick Indiana for future growth,” said Victor Smith, Indiana Secretary of Commerce. “Within the last month alone, companies like General Motors, Daimler Trucks, inTech Trailers, Ken’s Foods, Polycon Industries and Japan-based Aisin USA Manufacturing have all announced plans to grow and create new Hoosier jobs across our state. Job creation is job one in Indiana, and with a business climate that’s ranked the best in the Midwest and fifth in the nation, there’s a lot to be excited about here in Indiana.”

Indiana has added 36,400 new private sector jobs so far this year and 156,800 jobs since January 2013. August marks the 14th consecutive month with total employment in the state’s private sector exceeding Indiana’s previous peak employment record from March 2000.

Indiana’s seasonally-adjusted unemployment rate also dropped this month, falling 0.1 percent in August to 4.5 percent – below the national average of 4.9 percent. With this drop, Indiana’s unemployment rate has plunged 3.9 percent since January 2013, outpacing the nation’s decline of 3.1 percent.

This happened while Indiana’s labor force, which includes both Hoosiers who are employed and those seeking employment, grew to its largest size ever standing at 3.38 million Hoosiers, gaining 3,516 Hoosiers in August and 78,756 Hoosiers so far in 2016. Indiana’s labor force participation rate, the percentage of the state’s population that is either employed or actively seeking work, grew this month to 65.5 percent, remaining above the national rate of 62.8 percent.

Source - IEDC

High-Tech Innovation Center to Open in Jeffersonville, Create High-Wage Jobs

AAFAmerican Air Filter, a manufacturer of clean air products and systems, will officially open its new Indiana facility next Monday, Sept. 12, at 2:00 p.m. in Jeffersonville.

American Air Filter Co. Inc., dba AAF International and its subsidiary, Flanders Corp., recently invested $5.4 million to establish a new 33,000-square-foot AAF Flanders Clean Air Innovation and Research Center (Clean Air Center) at 200 Patrol Road in Jeffersonville. The first floor of the center features 25,000 square feet of lab, testing and storage space, including a media materials development lab and a fully-functional machine shop. The new facility, which can accommodate up to 40 employees, will also include audiovisual technology, modern offices, collaborative workstations and conference space.

As part of its growth, Louisville, Kentucky-based company plans to create up to 25 new jobs in Indiana by 2018. New positions, which will primarily be in R&D, are expected to pay more than 2.5 times higher than the county's average wage. Interested applicants may apply online at www.aafintl.com.

American Air Filters offers a variety of clean air products and systems from simple roughing filters to air pollution controls and gas containment removal. The company operates in 22 countries with more than 5,000 employees worldwide.

The Indiana Economic Development Corporation offered American Air Filter Company Inc. up to $375,000 in conditional tax credits based on the company’s job creation plans. These incentives are performance-based, meaning until Hoosiers are hired, the company is not eligible to claim incentives. The city of Jeffersonville offered additional incentives at the request of One Southern Indiana.

Location: 200 Patrol Road, Suite 100, Jeffersonville

Source - IEDC

Food Company Opens Jeffersonville Plant

Illinois-based Enjoy Life Foods has opened its new production and distribution facility in Jeffersonville. The company moved operations from its previous plant in Schiller Park, Illinois and plans to create up to 200 jobs in Indiana by the end of 2017.

Enjoy Life Foods is investing a total of $39 million in the 200,000 square-foot facility. The company began installing equipment in January and has three production lines already operational. More upgrades to the facility will take place over the next 18 months.

The Indiana Economic Development Corp. says the facility will allow the company to more than double production. It will also be the largest dedicated allergy-friendly bakery in North America.

"This is a historic milestone for our company and for the allergy-friendly community as a whole," said Joel Warady, chief marketing and innovation officer at Enjoy Life Foods. "Having the largest dedicated allergy-friendly bakery in North America also allows us to further grow our operations to provide even more great-tasting products to families across the U.S. and Canada, while expanding our reach to people seeking allergy-friendly food options around the world."

The company is currently hiring product machine operators, distribution associates and management professionals for the new facility. You can find more information on the positions by clicking here.

-Source IEDC

Fifth-largest steel producer in the world coming to the Port of Indiana

POSCO LogoPOSCO, a multinational company headquartered in Pohang, South Korea, and the fifth-largest steel producer in the world, has announced plans to build a wire rod processing center at the Port of Indiana-Jeffersonville, creating up to 60 high-wage jobs by 2018. POSCO is South Korea’s fourth largest company, behind Samsung Electronics, SK Holdings and Hyundai Motors, and is ranked No. 162 in Fortune’s Global 500.

“Although we are located on different continents, South Korea and Indiana both share a reputation of excellence when it comes to advanced manufacturing,” said Governor Mike Pence. “Having a globally-focused company like POSCO select Indiana to grow its business is a strong endorsement of our state’s low-cost, low-tax business climate, robust transportation infrastructure and dynamic port system. This company could have established operations anywhere in the world, but has found exactly what it needed right here in Indiana. POSCO is a major supplier to the automotive industry which already supports more than 100,000 jobs in our state, and we look forward to the new jobs this state-of-the-art facility will create.”

The $19 million project includes a 136,000-square-foot facility to be constructed on approximately 10 acres at the Port of Indiana-Jeffersonville. POSCO plans to start construction this spring on the facility, which will be the company’s second steel processing line and fourth production line in the U.S. POSCO’s key drivers for locating at the port were the ability to ship steel into the Midwest by water, the close proximity to numerous steel and automotive-related companies and the attractive business environment in the Jeffersonville area.

“We are very excited about the opportunity to develop our first Midwestern U.S. plant at the Port of Indiana-Jeffersonville,” said POSCO AAPC Finance Director Kyu Tae Kim. “It is critical for our business to receive cargo by water and to be centrally located in the U.S. market. The Jeffersonville’s port location will allow us to connect with global markets and supply our U.S. automotive customers with ‘just-in-time’ deliveries. We want to thank the State of Indiana, the City of Jeffersonville, the Ports of Indiana and One Southern Indiana for helping us to make this project a reality.”

POSCO was established in South Korea in 1968 and was the first Korean firm to be listed on the New York Stock Exchange in 1994. It operates 312 facilities in 43 countries around the world. POSCO’s Jeffersonville plant will process steel wire for fasteners, nuts and bolts used in the automotive industry and serve as a distribution center for other POSCO products. POSCO America, incorporated in 1984, maintains its U.S. headquarters in Fort Lee, N.J., with additional facilities in Houston, Texas, Troy, Mich., and McCalla, Ala. POSCO operates two integrated steel mills in South Korea and a joint venture facility with U.S. Steel, USS-POSCO Industries, located in California.

“POSCO’s planned facility is a good fit for our port and its operations will create new business for other port companies,” said Rich Cooper, CEO for the Ports of Indiana. “Steel processors at our port currently supply components for all six of the top U.S. automakers as well as to many Tier 1 suppliers and other participants in the automotive industry’s supply chain. The port’s multimodal transportation options, including year-round barge access to the Gulf of Mexico, offer significant logistics cost savings for POSCO.”

The Port of Indiana-Jeffersonville is home to 28 businesses, including a “steel campus” of 12 metal-processing companies serving the Midwest auto and appliance industries. The port handled over one million tons of steel cargoes in 2015 and 2.8 million in total shipments.

The Indiana Economic Development Corporation (IEDC) offered POSCO up to $550,000 in conditional tax credits and up to $50,000 in training grants based on the company’s job creation plans. These incentives are performance-based, meaning until Hoosiers are hired, the company is not eligible to claim incentives. Jeffersonville’s city council approved additional incentives at the request of the Jeffersonville Redevelopment Commission.

“Having a global company of POSCO’s caliber select Southern Indiana and, specifically, the Port of Indiana-Jeffersonville, for this advanced manufacturing project, is certainly cause for celebration,” said Jeffersonville Mayor Mike Moore. “The opening of two new interstate bridges over the Ohio River and the continued development of our port are key drivers for attracting world-class companies like POSCO and helping them grow in our community. We are grateful to our partners in economic development, One Southern Indiana and the Indiana Economic Development Corporation, for their efforts to ensure that investing in Jeffersonville is a seamless process.”

About POSCO: POSCO is a multinational steel-making company headquartered in Pohang, South Korea. The company was established by the South Korean government on April 1, 1968, to manufacture and distribute steel rolled products and plates in the domestic and overseas markets. In 2000, the company was 100% privatized and since then, has extended production facilities in main overseas bases. In 2015, POSCO produced approximately 41 million tons of crude steel. Information: http://www.posco.com

Pharmaceutical Distributor Adding Facility in Charlestown

KnipperKnipper and Company Inc., a supplier of end-to-end samples management services to the U.S. pharmaceutical industry, announced plans today to establish operations here, creating up to 56 new jobs by 2021.

“We are proud to have Knipper joining Indiana’s growing life sciences industry, which accounts for nearly one-third of the state’s total exports,” said Victor Smith, Indiana Secretary of Commerce. “Companies that specialize in pharmaceuticals, chemicals, medical devices and equipment contribute $59 billion to the overall Hoosier economy each year, and that impact continues to climb as firms like Knipper choose Indiana for growth and new jobs.”

Knipper, which distributes and re-packages drug and medical device samples, will invest $20.56 million to establish a 300,000-square-foot pharmaceutical warehouse and distribution center at 1250 Patrol Road at River Ridge Commerce Center. The new state-of-the-art facility will be equipped to manage prescription, controlled substance and cold chain products to meet the company’s high volume Direct to Practitioner (DTP) fulfillment business. The fulfillment center will allow the company to reach more than 75 percent of the U.S. population with two-day ground service, extending Knipper’s daily shipping window and reducing transit times for pharmaceutical, biotech and medical device customers.

Headquartered in Lakewood, New Jersey, Knipper plans to open the facility next May. The company currently employs 600 associates and plans to hire warehouse and production positions in Indiana. Interested applicants can learn more online at www.knipper.com/careers-at-knipper.aspx.

“Our East Coast facilities continue to provide the high quality and exceptional service that our customers have come to expect. But this new Midwest expansion provides unique opportunities to go beyond current expectations, providing even greater specialization in DTP and broader flexibility in logistics,” said Jim Knipper, owner and chief executive officer of Knipper. “Experiencing continued year after year growth, and on the heels of many recent acquisitions, further expansion of our distribution capacity is a natural step. Expanding westward however is a very strategic decision. One that we have very carefully planned, and that we are confident will provide the greatest added value to our customers.”

Established in 1986, Knipper provides a broad array of healthcare marketing solutions, including comprehensive direct-mail, fulfillment, sampling, database and salesforce management. The company currently operates five facilities which together total more than 600,000 square feet, including 12,000 square feet of refrigerated space and 15,000 dedicated to controlled substances.

The Indiana Economic Development Corporation offered J. Knipper and Company up to $385,000 in conditional tax credits and up to $40,000 in training grants based on the company’s job creation plans. These incentives are performance-based, meaning until Hoosiers are hired, the company is not eligible to claim incentives. One Southern Indiana will assist the company in securing additional incentives through the River Ridge Commerce Center’s Urban Enterprise Zone (UEZ).

“We welcome J. Knipper and Company Inc. to Charlestown and are pleased they have chosen to build and invest in our community,” said Charlestown Mayor Bob Hall. “The addition of a distribution center with the latest technology in the River Ridge Commerce Center and the employment and training that will be provided is an incredible investment. We look forward to working with the leaders of J. Knipper and Company in a partnership that will continue to grow the economy of our city and the region.”

As the Crossroads of America, Indiana is home to logistics firms and distribution centers statewide. Knipper joins a growing list of companies such as Tenneco and Amazon.com choosing Southeast Indiana and River Ridge for its operations. The 6,000-acre site supports more than 10,000 Hoosier jobs and generates an estimated economic impact of $1.3 billion to the state. Earlier this month, Governor Pence joined local officials to break ground on a $30.4 million heavy haul corridor linking River Ridge to water and rail access at the Port of Indiana-Jeffersonville.

About J. Knipper and Company
Since 1986, J. Knipper and Company has been dedicated to providing a broad array of healthcare marketing solutions, including comprehensive direct-mail, fulfillment, sampling, database and salesforce management. Based in Lakewood, New Jersey, Knipper has five locations totaling more than 600,000 square feet with more than 12,000 of that refrigerated and more than 15,000 for controlled substances.

About IEDC
The Indiana Economic Development Corporation (IEDC) leads the state of Indiana’s economic development efforts, focusing on helping companies grow in and locate to the state. Governed by a 12-member board chaired by Governor Mike Pence, the IEDC manages many initiatives, including performance-based tax credits, workforce training grants, public infrastructure assistance, and talent attraction and retention efforts. For more information about the IEDC, visit www.iedc.in.gov.

- Source  IEDC

New Automotive Supply Chain Operation coming to Charlestown

Governor Mike Pence joined executives of Toyota Tsusho Corporation in Nagoya, Japan, today as the company announced plans to locate a new automotive supply chain operation in Charlestown, Indiana. The facility will be home to Magnolia Automotive Services, LLC, which is an affiliate of Toyota Tsusho America Inc., and create up to 26 new jobs by 2017.

“As a state, we have worked hard to create a business-friendly environment that encourages growth and attracts new jobs to Indiana,” said Governor Pence. “We cut taxes and reduced burdensome regulations while investing in vocational training and quality of life initiatives to attract new talent to the state. And I’m proud to say those efforts are being recognized by companies like Magnolia Automotive Services that choose to create jobs here in the Hoosier State when faced with a world of options.”

Magnolia will invest $4.4 million to establish a new facility at River Ridge Commerce Center in Charlestown. This project, which is an expansion of an ongoing joint venture between James Group International Inc. and Toyota Tsusho America, will result in Magnolia’s first automotive industry facility outside Mississippi. The new Hoosier facility will serve as a key distribution center, supplying automotive parts and components from more than 100 suppliers in North America to various Toyota production facilities.

Magnolia, which is a certified Minority Business Enterprise (MBE), will begin for hiring immediately. Interested applicants may apply by sending a resume to human resources, indicating MAS on the subject line.

“We are all very excited and happy to be able to locate a new facility in Charlestown, Indiana, and to continue our strong relationship with Toyota Motor in a new capacity as one of their supply chain logistics providers," said Lorron James, president of Magnolia Automotive Services. "Toyota has been highly supportive of Magnolia, as well as the entire minority business community, and we are truly honored to have this opportunity as Indiana is a great place to do business."

Japan-based Toyota Tsusho provides logistics, manufacturing, supply and technical support to Toyota Motor Manufacturing, and already supports several Hoosier operations, including facilities in Columbus, Lafayette and Princeton.

The Indiana Economic Development Corporation offered Magnolia Automotive Services, LLC up to $150,000 in conditional tax credits based on the company’s job creation plans. These tax credits are performance-based, meaning until Hoosiers are hired, the company is not eligible to claim incentives. Magnolia Automotive Services’ location also affords it the opportunity to apply for benefits through the Urban Enterprise Zone, located in River Ridge Commerce Center.

“I couldn’t be happier to share the news about Toyota Tsusho coming to Charlestown. This is a big win for our community and we’re eager to further the positive relationship we’ve begun with this company,” said Charlestown Mayor Bob Hall, who attributed the success in part to New Albany Mayor Jeff Gahan. “I also give a lot of credit to Mayor Gahan and the city of New Albany for keeping Southern Indiana in the hunt for this project when company leaders were on the verge of going in another direction. Had Mayor Gahan not kept the dialogue going with company leaders, this project could have landed in an entirely other region or state.”

Exporting roughly $1.6 billion of Hoosier-made goods to Japan each year, Indiana counts Japan as its largest Asian trading partners and third-largest export country in the world. Indiana is the only U.S. state that is home to three Japanese original equipment manufacturer (OEM) automotive companies: Honda, Subaru and Toyota.

"The Indiana Economic Development Corporation has played a very important role in bringing Magnolia to Indiana," said James. "We are also very appreciative of the local economic development organizations for their assistance. In particular, we want to thank the Mayor of Charlestown, along with other local government representatives who have extended every courtesy to us and greatly influenced our decision to locate here, as well as offering their continued support during the development and implementation of this project. We look forward to being a strong member of the Charlestown community and a good corporate citizen of Indiana.”

Source - IEDC

Logistics Company Expanding, Doubling Footprint in Clark County

A&R Logistics Inc., a provider of dry bulk transportation and logistics, announced plans today to expand its operations here, creating up to 32 new jobs by 2018.

“Indiana’s stable business climate is encouraging growth here in the Hoosier State,” said Victor Smith, Indiana Secretary of Commerce. “With a balanced budget, triple-A bond rating and corporate taxes on a reduction schedule, companies like A&R Logistics can be assured that Indiana is the best place to expand their business and hire hardworking Hoosiers.”

The company will invest $3.9 million to lease and equip 175,000 square feet of warehouse and industrial space in the River Ridge Commerce Center Enterprise Zone. The new facility, which is nearly 100,000 square feet larger than the company’s existing Jeffersonville operations at 4800 Keystone Blvd., will allow the company to expand its services to multinational companies.

Headquartered in Louisville, Kentucky, A&R Logistics currently employs 18 associates in Indiana. The company will begin hiring drivers this month as well as tank wash, mechanic, packing and warehouse staff in December. Drivers can apply at DriveWithAR.com; other applicants should call A&R Logistics at 800-542-8058.

“After years of significant growth, our current 80,000-square-foot warehouse and trucking facility in Jeffersonville is simply too small to meet our projected future development,” said Richard Mitchell, president of A&R Logistics Inc. “We were happy to find another location in Jeffersonville and are looking forward to moving to the River Ridge Commerce facility, which will be double the size of our current space.”

Founded in 1969, A&R Logistics provides bulk logistics solutions for customers in the chemical and plastics industries. The company offers a variety of transportation and logistics solutions through bulk transportation, logistics and 3PL, transloading, packaging, warehousing and end-to-end transportation management. A&R Logistics was recently recognized at the NTTC Safety & Security Council annual meeting for high ranks in competitive and personal safety.

The Indiana Economic Development Corporation offered A&R Logistics Inc. up to $300,000 in conditional tax credits based on the company’s job creation plans. These tax credits are performance-based, meaning until Hoosiers are hired, the company is not eligible to claim incentives. The city of Jeffersonville supports this project through the River Ridge Commerce Center Urban Enterprise Zone at the request of One Southern Indiana.

As the Crossroads of America, Indiana leads the nation in interstate access and pass-through interstates, is home to the second-largest FedEx hub in the world and ranks third in the United States in total freight railroads.

-Source IEDC