IEDC Europe News

Indiana Ranks Near Top as Best State for Business

2012-05-03T10:13:00.000+02:00

INDIANAPOLIS (May 2, 2012) - Indiana was ranked as the best place to do business in the Midwest and the fifth best nationwide in a survey of more than 500 chief executives by Chief Executive magazine. This is the third ranking in less than eight months in which the Hoosier State's business climate has scored a top ten finish nationally.

The magazine's eighth annual "Best & Worst States" survey asks CEOs to evaluate states based on business tax policies, regulation, workforce quality and livability factors. Indiana's ranking in the survey has moved up eleven places since 2010.

"Today's announcement is the third prestigious ranking Indiana has received in less than eight months from people in the business of economic development," said Dan Hasler, Secretary of Commerce and chief executive officer of the Indiana Economic Development Corporation. "Chief executives across the nation are taking notice of our skilled workforce, fiscal stability and business-friendly policies and recognize Indiana as one of the most attractive states in the country for business."

Indiana's 5th place ranking makes it the only Midwestern state in the publication's top five. Among neighboring states, Kentucky ranked 25th, Ohio ranked 35st, Michigan ranked 46th and Illinois ranked 48th.

Chief Executive magazine noted in this month's issue, "North Carolina, Tennessee, Indiana, Virginia, South Carolina, Georgia and Utah held up their position in the top 10, with Indiana moving up a notch to fifth. CEOs indicate that workforce quality is the state's single greatest strength, and since it became the 23rd right-to-work state last year, the Hoosier State is likely to punch above its weight competitively in the future."

The Chief Executive magazine ranking is the latest in a series of national accolades Indiana's business climate has garnered. Site Selection magazine rated Indiana's business climate best in the Midwest and sixth nationally, according to a November 2011 survey of national real estate executives and a review of Indiana's economic development record. Also, Indiana's business environment recently scored a top five finish nationally in Area Development magazine's September 2011 top states for doing business survey.

Chief Executive magazine is a bi-monthly publication for top management executives published by the Chief Executive Group LLC. Founded in 1977, the Chief Executive Group LLC is headquartered in Greenwich, Conn. The "Best & Worst States," survey results are available at http://chiefexecutive.net/best-worst-states-for-business-2012.

About IEDC
Created by Governor Mitch Daniels in 2005 to replace the former Department of Commerce, the Indiana Economic Development Corporation is governed by a 12-member board chaired by Governor Daniels. Dan Hasler serves as the chief executive officer of the IEDC.

The IEDC oversees programs enacted by the General Assembly including tax credits, workforce training grants and public infrastructure assistance. All tax credits are performance-based. Therefore, companies must first invest in Indiana through job creation or capital investment before incentives are paid. A company who does not meet its full projections only receives a percentage of the incentives proportional to its actual investment. For more information about IEDC, visit www.iedc.in.gov.

Finish Line to Add More Than 300 New Jobs at Indianapolis Headquarters

2012-05-02T10:10:00.002+02:00

INDIANAPOLIS (May 1, 2012) – The Indiana Economic Development Corporation, together with The Finish Line, Inc. (NASDAQ: FINL), a national retailer of athletic shoes, apparel and accessories, today announced the company’s plans to expand its operations here, creating up to 327 new jobs by the end of 2015.

The Indianapolis-based company, which operates more than 640 stores in malls across the country as well as a fast growing e-commerce site, recently announced plans to make significant investments to support its omni-channel strategy. The strategy is designed to create a consistent brand experience across all of the retailer’s channels—brick and mortar stores, web, social, mobile, tablet and direct mail. This includes a multi-million investment to help fund a total technology transformation, including upgrading backbone computer systems such as merchandise and distribution systems. To accommodate additional employees, the company also plans to remodel and reorganize office space at its existing Indianapolis headquarters, recently renamed “Customer Central.”

“I am so pleased to see a homegrown Indiana business like Finish Line continue to find success in the Hoosier State,” said Governor Mitch Daniels. “The company’s tremendous growth reiterates that there is no better place to start or expand a business than in Indiana.”

Finish Line currently has more than 11,000 employees, with 700 associates at its Indianapolis headquarters and more than 1,280 across the Hoosier State.

“It’s been more than 30 years since we opened the first Finish Line store here in Indiana and through consistent growth, we have become one of the leading athletic specialty retailers in the country,” said Steve Schneider, president and chief operating officer of Finish Line. “We are certainly proud of our Hoosier roots and are excited at the prospect of being able to add jobs in our hometown as we become a leader in omni-channel retailing.”

Through the Finish Line Youth Foundation (FLYF), the company is actively engaged in supporting young people in the communities it serves. Throughout the past 14 years, the FLYF has provided more than $4.5 million in grants to nonprofits that support community-based youth athletic programs and camps for disadvantaged and special needs children across the country. Recently, the company announced a new multi-year pact to support Special Olympics as its signature cause, including support of the upcoming Indiana Summer Games, which begin June 1.

The Indiana Economic Development Corporation offered The Finish Line, Inc. up to $2.7 million in conditional tax credits and up to $250,000 in training grants 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 Indianapolis will consider additional property tax abatement at the request of Develop Indy.

“Finish Line is a great corporate citizen for Indianapolis, and its expansion in Marion County protects hundreds of existing jobs and strengthens the eastside as the company invests millions of dollars into facilities in Warren Township,” said Indianapolis Mayor Greg Ballard. “Finish Line's commitment to our city means more than 300 new jobs for our residents and the decision to grow here reflects the stable business climate we have created."

Finish Line joins 22 other companies that have committed to locating or growing their headquarters in the Hoosier State this year, creating more than 2,600 projected new headquarters and operations jobs. Just last week, healthcare staffing provider RepuCare announced it will expand its Indianapolis headquarters, adding up to 82 new jobs by 2015.

About Finish Line
The Finish Line, Inc. is a premium retailer of athletic shoes, apparel and accessories. Based in Indianapolis, Finish Line operates more than 640 stores in malls across the United States, employing more than 11,000 associates who help customers every day connect with their sport, their life and their style. Online shopping is available at www.finishline.com and mobile shopping is available at m.finishline.com. Follow Finish Line on Twitter at Twitter.com/FinishLine and “like” Finish Line on Facebook at Facebook.com/FinishLineUSA. The company also operates, through a venture with Gart Capital Partners, the Running Specialty Group, which has 19 specialty running shops in seven states and the District of Columbia operating under The Running Company banner. More information is available at www.therunningcompany.net.

About IEDC
Created by Governor Mitch Daniels in 2005 to replace the former Department of Commerce, the Indiana Economic Development Corporation is governed by a 12-member board chaired by Governor Daniels. Dan Hasler serves as the chief executive officer of the IEDC.

The IEDC oversees programs enacted by the General Assembly including tax credits, workforce training grants and public infrastructure assistance. All tax credits are performance-based. Therefore, companies must first invest in Indiana through job creation or capital investment before incentives are paid. A company who does not meet its full projections only receives a percentage of the incentives proportional to its actual investment. For more information about IEDC, visit www.iedc.in.gov.

Governor Highlights Indiana's RV Industry Growth

2012-05-02T10:05:00.001+02:00

ELKHART, Ind. (April 27, 2012) - Governor Mitch Daniels met with recreational vehicle company executives today to discuss the status of Indiana's RV industry at the RV/MH Hall of Fame in Elkhart.

"Indiana's market share has climbed from the mid-60s just a few years ago to 83 percent today. Five of every six RVs in the nation are built here in Indiana," said Daniels. "There's only one reason for that, we have the best companies, the best business and we believe the best business environment."

Joining Daniels were representatives from a variety of Indiana's RV companies, including Dometic, Fleetwood RV, Forest River, Jayco, Livin' Lite RV, Lippert Components and Thor Industries, Inc.

"Indiana's business climate has given the RV industry the chance to rebound," said Mark Bowersox, executive director of the Recreation Vehicle Indiana Council. "With Hoosier RV manufacturers leading the pack, we forsee continued growth in the years ahead."

RV production in the Hoosier State continues to come back since the national economic recession. According to the Recreation Vehicle Industry Association, the RV industry produced 252,400 units nationally in 2011, a 4.1 percent increase from the year before. More than 83 percent of all American-made RVs are produced in Indiana.

About IEDC
Created by Governor Mitch Daniels in 2005 to replace the former Department of Commerce, the Indiana Economic Development Corporation is governed by a 12-member board chaired by Governor Daniels. Dan Hasler serves as the chief executive officer of the IEDC.

The IEDC oversees programs enacted by the General Assembly including tax credits, workforce training grants and public infrastructure assistance. All tax credits are performance-based. Therefore, companies must first invest in Indiana through job creation or capital investment before incentives are paid. A company who does not meet its full projections only receives a percentage of the incentives proportional to its actual investment. For more information about IEDC, visit www.iedc.in.gov.

Engineering Distributor Selects Indianapolis for Aerospace Division Expansion

2012-04-27T12:05:00.002+02:00

INDIANAPOLIS (April 26, 2012) - Haggard & Stocking Associates, Inc., a distributor of engineered products, announced plans today to expand its operations here, creating up to 25 new jobs by 2016.

The Indianapolis-based company, which supplies customers in the aerospace, automotive and medical industries, will invest $524,000 to expand its aerospace division at its 9,000 square-foot facility in Indianapolis. As part of the project, the company will make building renovations and information technology upgrades.

"We're grateful to have pioneering companies like Haggard & Stocking decide to expand in Indiana and create more opportunities for Hoosiers," said Dan Hasler, Secretary of Commerce and chief executive officer of the Indiana Economic Development Corporation. "With a friendly business climate and a well-established infrastructure, Indiana continues to provide companies small and large with the tools to grow and succeed."

Haggard & Stocking, which currently has 56 full-time employees in Indiana, has already begun hiring new customer service, warehouse, sales and management associates.

"Haggard & Stocking's success and growth would have been greatly diminished without the supportive business environment in Indiana," said Herb Haggard, president and chief executive officer of Haggard & Stocking. "We're very pleased to have our headquarters in Indiana, where small business owners are appreciated and celebrated."

Celebrating the company's 40th anniversary this year, Haggard & Stocking began operations as a blueprint specialty tooling producer. The company, which operates nine facilities throughout the nation, was recently awarded the 2012 Region V Subcontractor of the Year by the U.S. Small Business Administration.

The Indiana Economic Development Corporation offered Haggard and Stocking Associates, Inc. up to $165,000 in conditional tax credits and up to $33,500 in training grants 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 Indianapolis supports the project through additional incentives at the request of Develop Indy.

"This expansion is an exciting announcement not only for Haggard and Stocking, but for our entire community," said Indianapolis Mayor Greg Ballard. "The investment in Indianapolis shows the commitment this locally founded company has to the city it calls home. We thank Haggard & Stocking for choosing Indianapolis and wish them continued success."

Haggard & Stocking's announcement comes just one day after RepuCare, a healthcare staffing and employer health services provider, announced plans to expand its Indianapolis headquarters, creating up to 82 new jobs by 2015. Also, Mansfield-King, a manufacturer and distributor of personal care products, recently announced plans to grow its Indianapolis headquarters, adding up to 144 new jobs by 2016.

About Haggard & Stocking
Founded in 1972, Haggard & Stocking is one of the largest, full-line industrial distributors in the Midwest. Haggard & Stocking is a family-owned and operated distributorship specializing in MRO products for the automotive, aerospace and medical markets. As an Indianapolis-based company, Haggard & Stocking services both national and international customers with ease. Haggard & Stocking offers a broad array of products and services including cutting tools, abrasives, safety products, material handling and fasteners. These products are conveyed through specialized programs such as vending solutions and RFID processes that are designed to meet the specific needs of our customers. For more information about Haggard & Stocking, visit www.haggard-stocking.com.

About IEDC
Created by Governor Mitch Daniels in 2005 to replace the former Department of Commerce, the Indiana Economic Development Corporation is governed by a 12-member board chaired by Governor Daniels. Dan Hasler serves as the chief executive officer of the IEDC.

The IEDC oversees programs enacted by the General Assembly including tax credits, workforce training grants and public infrastructure assistance. All tax credits are performance-based. Therefore, companies must first invest in Indiana through job creation or capital investment before incentives are paid. A company who does not meet its full projections only receives a percentage of the incentives proportional to its actual investment. For more information about IEDC, visit www.iedc.in.gov.

Healthcare Services Provider to Grow Its Indianapolis Headquarters

2012-04-27T12:03:00.002+02:00

INDIANAPOLIS (April 25, 2012) - RepuCare, Inc., a healthcare staffing and employer health services provider, announced plans today to expand its headquarters here, creating up to 82 new jobs by 2015.

The Indianapolis-based company will lease a 4,000 square-foot facility located at 9245 N. Meridian St slated to be operational later this year. As part of the project, RepuCare will purchase new information technology, telecommunications systems and furniture for the headquarters facility.

"RepuCare's decision to expand its headquarters in our state demonstrates the continued growth and momentum of Indiana's life sciences industry," said Governor Mitch Daniels. "Combined with our research universities and nationally recognized business climate, Indiana continues to be the national leader in successful, pro-business models."

RepuCare has already begun hiring additional healthcare professionals, account management and administrative associates.

"We decided to expand our operations in Indiana because of the growth opportunities for our staffing and on-site healthcare businesses, a business and political climate that facilitates entrepreneurial growth, access to the healthcare and professional talent that we need and employee retention because of the family-friendly, quality of life advantages in Indiana," said Billie Dragoo, founder and chief executive officer of RepuCare.

Established in 1995, RepuCare provides staffing services to government health plans, hospitals, outpatient clinics and nursing homes, as well as onsite healthcare services to employers. The company's notable customers include Managed Health Services, WellPoint, Eli Lilly, Howard County and the cities of Indianapolis and Kokomo.

The Indiana Economic Development Corporation offered RepuCare, Inc. up to $1.23 million in conditional tax credits and up to $75,000 in training grants 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 Indianapolis will support the project through additional incentives at the request of Develop Indy.

"RepuCare is exactly the type of company we want in Indianapolis, one that is dedicated to this community and always working to bring quality jobs to our talented workforce," said Indianapolis Mayor Greg Ballard. "RepuCare helped put Indianapolis on the map as a leader in life sciences and health services. I am pleased this woman-owned business chose to expand operations here, and we look forward to their success for years to come."

In 2011, The Wall Street Journal recognized Indianapolis as a national hub for the life sciences industry and "one of the hottest spots for starting a new business." Indiana has added more than 8,800 jobs in the life sciences in recent years and today some 825 healthcare, medical and pharmaceutical companies call the Hoosier State home.

About RepuCare
RepuCare is a premier provider of healthcare staffing, workplace employee health and wellness services as well as supportive staffing and healthcare services for governmental programs. Founded in 1995 by Billie Dragoo as an allied health staffing provider to hospitals, clinics and nursing homes, RepuCare has a strong proven foundation in the healthcare industry and has been afforded sustainable growth and expertise over the years in medical staffing, healthcare programs and strategic onsite healthcare services. For more information about how we can be your partner in keeping people healthy, please visit www.repucare.com.

About IEDC
Created by Governor Mitch Daniels in 2005 to replace the former Department of Commerce, the Indiana Economic Development Corporation is governed by a 12-member board chaired by Governor Daniels. Dan Hasler serves as the chief executive officer of the IEDC.

The IEDC oversees programs enacted by the General Assembly including tax credits, workforce training grants and public infrastructure assistance. All tax credits are performance-based. Therefore, companies must first invest in Indiana through job creation or capital investment before incentives are paid. A company who does not meet its full projections only receives a percentage of the incentives proportional to its actual investment. For more information about IEDC, visit www.iedc.in.gov.

Cummins Expands Seymour Campus, Adds 290 New Jobs

2012-04-27T12:01:00.002+02:00

SEYMOUR, Ind. (April 24, 2012) - Governor Mitch Daniels joined executives from Cummins, Inc. (NYSE: CMI) today to announce the company's plans to expand its high-horsepower campus here, creating up to 290 new jobs by 2015.

Cummins will invest $219 million to add new warehouses, additional engineering and production test cells, a cylinder block line and parking for employees. The company will also construct a new office building that will house up to 500 associates and a new manufacturing facility for after-treatment components for high-horsepower engines.

"Cummins continues an impressive expansion in the Hoosier State and much of that stems from the strong international demand for products designed and built right here in Indiana," said Daniels. "Once again, words cannot describe how thankful we are for Cummins and the investment it is making in the Seymour community."

Cummins currently employs approximately 525 associates at its Seymour engine plant and more than 7,800 workers across the state. It will begin hiring new engineering and professional associates to support the company's global high-horsepower business in Seymour this year.

"Cummins is excited about making further investments in southern Indiana to support our growing high-horsepower engine business," said Rich Freeland, Cummins vice president and president of the company's engine business. "A key aspect for choosing Seymour is the support from IEDC to provide funding for educational initiatives, which will help ensure the availability of a skilled workforce for many years to come."

As the largest independent maker of diesel engines in the world, Cummins had record earnings in 2011 and expects continued strong growth this year. The Fortune 500 company expects to reach $30 billion in sales and 18 percent in earnings before interest and taxes in 2015 with much of that growth coming from international markets.

The Indiana Economic Development Corporation offered Cummins, Inc. up to $250,000 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 Indiana Department of Transportation will assist the city of Seymour with the completion of their gateway project. In addition, the city of Seymour will consider additional property tax abatement at the request of the Jackson County Industrial Development Corporation.

Cummins, a nearly century-old, Indiana-born company, designs, manufactures, sells and services diesel engines and related technology through its network of 600 company-owned and independent distributor facilities and more than 6,500 dealer locations in more than 190 countries and territories.

"We are proud to be able to partner with Cummins and the State to make this exciting project a reality," said Seymour Mayor Craig Luedeman. "Cummins has been an outstanding partner as we work to grow our community."

Today's announcement marks Cummins' fourth expansion project in southern Indiana in the past two years. Cummins recently announced two major expansions at its Columbus headquarters, creating a combined 950 new jobs. Also, in 2010, the diesel engine maker announced plans to add a new large engine platform at its Seymour plant, creating up to 150 new jobs by 2015.

About Cummins
Cummins Inc., a global power leader, is a corporation of complementary business units that design, manufacture, distribute and service engines and related technologies, including fuel systems, controls, air handling, filtration, emission solutions and electrical power generation systems. Headquartered in Columbus, Ind., (USA) Cummins employs approximately 44,000 people worldwide and serves customers in approximately 190 countries and territories through a network of more than 600 company-owned and independent distributor locations and approximately 6,500 dealer locations. Cummins earned $1.85 billion on sales of $18.0 billion in 2011. Press releases can be found on the web at www.cummins.com.

About IEDC
Created by Governor Mitch Daniels in 2005 to replace the former Department of Commerce, the Indiana Economic Development Corporation is governed by a 12-member board chaired by Governor Daniels. Dan Hasler serves as the chief executive officer of the IEDC.

The IEDC oversees programs enacted by the General Assembly including tax credits, workforce training grants and public infrastructure assistance. All tax credits are performance-based. Therefore, companies must first invest in Indiana through job creation or capital investment before incentives are paid. A company who does not meet its full projections only receives a percentage of the incentives proportional to its actual investment. For more information about IEDC, visit www.iedc.in.gov.

Illinois-based Manufacturer Relocating Operations to Starke County

2012-04-27T11:59:00.001+02:00

KNOX, Ind. (April 24, 2012) - Selected Furniture, LLC, a manufacturer of commercial furniture, announced plans today to relocate its operations from Chicago, Ill. to here, creating up to 100 new jobs by 2014.

The company, which supplies customers in the fast food, quick-service and fine dining industries, will invest $1.22 million to purchase and equip a 200,000 square-foot facility located at 1001 W. Culver Ave. Selected Furniture will also relocate its China-based commercial-grade wood furniture manufacturing to this facility, which is slated to be operational in the coming months.

"We welcome Selected Furniture to the Hoosier State and are pleased they will make their new home in northwest Indiana," said Governor Mitch Daniels. "Companies are leaving high-tax states and discovering that there is no better place to produce high quality and high value products than right here in Indiana."

Selected Furniture, which currently employs 120 associates nationwide, has already begun hiring woodworkers, painters, upholsters, general labor and administrative positions.

"We chose to locate in Indiana because the state offers so much to business," said David Elwood, vice president of Selected Furniture. "The state offers an infrastructure already in place - along with a great workforce, taxation policies and real estate."

Founded in 2003, the company originally began operations as an importer of commercial-grade wood furniture. Selected Furniture, which has a sales network of 20 locations throughout the U.S., currently operates additional distribution centers in Jacksonville, Fla., Chicago, Ill. and Los Angeles, Calif.

The Indiana Economic Development Corporation offered Selected Furniture, LLC up to $425,000 in conditional tax credits and up to $87,500 in training grants 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 Knox City Council approved additional property tax abatement at the request of the Starke County Economic Development Foundation.

"The city is pleased to welcome a new company to our industrial park and the city of Knox was happy to be of some assistance is helping Selected Furniture locate here," said Knox Mayor Rick Chambers. "We look forward to a long and profitable association with Selected Furniture."

Selected Furniture's expansion is the latest in a string of jobs announcements in Indiana's manufacturing industry. Earlier today, Cummins, Inc., the world's largest independent maker of diesel engines, announced it will invest $219 million to expand its Seymour campus and add 290 new jobs. Also, ThyssenKrupp Presta, a manufacturer of steering systems, announced yesterday its plans to expand its Terre Haute headquarters, creating approximately 120 new jobs.

About Selected Furniture
Selected Furniture is a vertically integrates, prime manufacturer of commercial furniture catering to the hospitality industry. Customers range from fast food chains and quick-service restaurants to fine dining establishments. Our unique line will fit any style or budget. For more information about Selected Furniture, visit www.selectedfurniture.com.

About IEDC
Created by Governor Mitch Daniels in 2005 to replace the former Department of Commerce, the Indiana Economic Development Corporation is governed by a 12-member board chaired by Governor Daniels. Dan Hasler serves as the chief executive officer of the IEDC.

The IEDC oversees programs enacted by the General Assembly including tax credits, workforce training grants and public infrastructure assistance. All tax credits are performance-based. Therefore, companies must first invest in Indiana through job creation or capital investment before incentives are paid. A company who does not meet its full projections only receives a percentage of the incentives proportional to its actual investment. For more information about IEDC, visit www.iedc.in.gov.

Global Steering Manufacturer to Expand Vigo County Headquarters

2012-04-27T11:57:00.002+02:00

TERRE HAUTE, Ind. (April 23, 2012) - ThyssenKrupp Presta Terre Haute, LLC, a manufacturer of steering systems for the automotive industry, announced plans today to expand its operations here, creating approximately 120 new jobs by 2013.

The company will invest $22 million to expand and equip its manufacturing facility by nearly 70,000 square feet. The expansion, which includes the addition of three new assembly lines, reflects increased existing customer orders from original equipment manufacturers and new contracts with several major auto companies. Construction is scheduled to begin this month and conclude by October.

"The growth of international companies like ThyssenKrupp Presta Terre Haute reaffirms Indiana's reputation as one of the most business-friendly environments in the nation," said Governor Mitch Daniels. "Through our low-tax policies, we're giving companies the tools and framework to expand in our state while providing more jobs for hardworking Hoosiers."

ThyssenKrupp Presta Terre Haute, which currently has approximately 200 full-time employees in Terre Haute, will begin hiring new associates this spring. The new positions will be across the company, including engineering, logistics and supply chain management, material handling and maintenance.

"This investment allows us to significantly grow our business and continue providing existing and new customers with quality, cutting edge products. It also demonstrates our strong commitment to Terre Haute, and to creating well-paying jobs in the area," said Peter Allaart, chief executive officer and president of ThyssenKrupp Presta Terre Haute. "We are very fortunate and appreciative to have partners in Terre Haute, Vigo County and the state of Indiana that are as dedicated to increasing economic growth and job creation as we are."

Headquartered in Terre Haute since 2003, ThyssenKrupp Presta Terre Haute is part of the components technology business area of Germany-based ThyssenKrupp, a global materials and technology company which consists of eight business areas. Overall, ThyssenKrupp U.S. subsidiaries have nine locations in the state of Indiana and employ more than 1,300.

The Indiana Economic Development Corporation offered ThyssenKrupp Presta Terre Haute, LLC up to $1,000,000 in conditional tax credits and up to $200,000 in training grants 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. Vigo County will consider additional property tax abatement at the request of the Terre Haute Economic Development Corporation.

"In addition to its manufacturing operations, ThyssenKrupp Presta Terre Haute is also growing its research and development presence," said Vigo County Commissioner Judy Anderson. "ThyssenKrupp Presta is the epitome of 21st century advanced manufacturing."

About ThyssenKrupp Presta Terre Haute
ThyssenKrupp is a diversified technology and materials group based in Essen, Germany. It has 170,000 employees in over 80 countries developing ideas and innovations into solutions for sustainable progress. In fiscal year 2010/2011 ThyssenKrupp generated sales of $68 billion.

ThyssenKrupp Presta Terre Haute, LLC, is a part of ThyssenKrupp Presta AG of Eschen, Liechtenstein, a member of the Components Technology business area of the ThyssenKrupp Group. The company is a leading manufacturer of steering systems for the automotive industry. ThyssenKrupp Presta Terre Haute was established in 2003 as the first ThyssenKrupp Presta steering column assembly plant in the United States, and employs approximately 200.

ThyssenKrupp companies in North America offer a range of products and services, including premium carbon steel; high-performance alloys; automotive components and systems; elevators, escalators, moving walks and passenger boarding bridges; and material trading, logistical and industrial services. In fiscal year 2010/2011, ThyssenKrupp companies in Canada, the United States and Mexico employed approximately 24,600 and recorded sales of nearly $12 billion.

About IEDC
Created by Governor Mitch Daniels in 2005 to replace the former Department of Commerce, the Indiana Economic Development Corporation is governed by a 12-member board chaired by Governor Daniels. Dan Hasler serves as the chief executive officer of the IEDC.

The IEDC oversees programs enacted by the General Assembly including tax credits, workforce training grants and public infrastructure assistance. All tax credits are performance-based. Therefore, companies must first invest in Indiana through job creation or capital investment before incentives are paid. A company who does not meet its full projections only receives a percentage of the incentives proportional to its actual investment. For more information about IEDC, visit www.iedc.in.gov.

Steel Producer to Add Jobs in Hendricks County

2012-04-27T11:55:00.002+02:00

PITTSBORO, Ind. (April 19, 2012) - Steel Dynamics, Inc. (NASDAQ: STLD), the nation's fifth largest producer of carbon steel products, announced plans to expand its operations here, creating approximately 50 new jobs by 2013.

The company will invest $76 million to expand its engineered bar products division to increase the mill's capacity to produce special-bar-quality (SBQ) steel bars and the site's product offerings. Facility upgrades and new equipment installation are expected to be complete by the end of summer next year.

"Steel Dynamics is a homegrown Indiana company that has achieved huge global success," said Governor Mitch Daniels. "Creating the best business climate in the country has been our focus from day one and we're beyond happy that Steel Dynamics continues to succeed globally and grow locally in the Hoosier State."

With the additional capacity, the Pittsboro facility will be among the largest single-site SBQ facilities in North America and capable of producing 950,000 tons of SBQ bars annually. In 2011, the mill produced 638,000 tons of steel bars.

"We are appreciative that Indiana continues to be a state where Steel Dynamics can expand our product offering and increase our productivity while further establishing our future in our Pittsboro home," said Barry Schneider, vice president and general manager of Steel Dynamics' engineered bar products division. "The recent enactment of the right-to-work legislation is further evidence of Indiana's commitment to providing the most competitive business environment possible for global companies like us to grow."

Headquartered in Fort Wayne, Steel Dynamics has operations at 34 locations in 19 cities throughout Indiana, including Indianapolis, Columbia City, Butler, Pittsboro and Jeffersonville. The company, which currently employs 386 full-time associates in Pittsboro and more than 3,100 across the state, will begin hiring new skilled manufacturing, technical and administrative positions in Pittsboro next year.

The Indiana Economic Development Corporation offered Steel Dynamics, Inc. up to $600,000 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. Hendricks County will support the project through additional incentives at the request of the Hendricks County Economic Development Partnership.

"We are very excited about the expansion of Steel Dynamics in Pittsboro, Hendricks County," said, Eric Wathen, Hendricks County commissioner. "Not only does Steel Dynamics offer quality jobs to central Indiana residents they provide strong corporate leadership throughout Hendricks County from their local team."

About Steel Dynamics
Steel Dynamics, Inc. is one of the largest domestic steel producers and metals recyclers in the United States based on estimated annual steelmaking and metals recycling capability, with annual sales of $8.0 billion in 2011, 6,500 employees, and manufacturing facilities primarily located throughout the United States (five steel mills, six steel processing facilities, two iron production facilities, over 70 metals recycling locations and six steel fabrication plants).

About IEDC
Created by Governor Mitch Daniels in 2005 to replace the former Department of Commerce, the Indiana Economic Development Corporation is governed by a 12-member board chaired by Governor Daniels. Dan Hasler serves as the chief executive officer of the IEDC.

The IEDC oversees programs enacted by the General Assembly including tax credits, workforce training grants and public infrastructure assistance. All tax credits are performance-based. Therefore, companies must first invest in Indiana through job creation or capital investment before incentives are paid. A company who does not meet its full projections only receives a percentage of the incentives proportional to its actual investment. For more information about IEDC, visit www.iedc.in.gov.

Personal Care Manufacturer Growing Indianapolis Headquarters

2012-04-27T11:53:00.001+02:00

INDIANAPOLIS (April 13, 2012) – Mansfield-King, a manufacturer and distributor of personal care products, announced plans today to expand its headquarters here, creating up to 144 new jobs by 2016.

The company, which produces soaps, shampoos, conditioners and ointments, will invest $3.39 million to purchase additional production, research and development and distribution equipment to service its growing customer base. As part of the project, Mansfield-King will also make building renovations and purchase new information technology equipment.

“We’re very pleased to see a homegrown, high-growth company like Mansfield-King continue to find success in our state,” said Governor Mitch Daniels. “Mansfield-King’s success reinforces Indiana’s reputation as one of the best places to start and expand a business.”

Mansfield-King, which currently has 46 full-time employees in Indiana, plans to begin hiring additional manufacturing, production, logistics, quality control and customer service associates later this year.

“Indiana is the ideal state in which to operate a manufacturing business,” said Charles Haywood, president and owner of Mansfield-King. “With Mansfield-King and its affiliated companies growing so rapidly, Indiana’s combination of worker talent, supportive government and history of manufacturing focus is invaluable to us. We look forward to continuing to contribute to growth in Indiana.”

Founded in 2005 by Haywood, the Indianapolis-based company was recognized as a 2010 “Company to Watch” recipient. Also, Inc. Magazine recently named Mansfield-King the fastest-growing personal care contract manufacturer in the nation from 2006-2009.

The Indiana Economic Development Corporation offered Mansfield-King, LLC up to $1.25 million in conditional tax credits and up to $55,000 in training grants 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 Indianapolis approved additional property tax abatement at the request of Develop Indy.

“The outstanding expansion of this homegrown company over the years is a testament to the stable business climate we have here in Indianapolis and reflects the dedication of our industry leaders to strengthening our economy,” said Indianapolis Mayor Greg Ballard. “Mansfield-King’s commitment to triple its workforce and put millions of dollars in capital investment on Indianapolis’ Westside will have a positive, long-term impact on our city.”

Mansfield-King’s announcement is the latest in a string of headquarters announcements in central Indiana. Just two weeks ago, enVista, an enterprise and supply chain consulting services firm, announced plans to expand its headquarters in Carmel, creating up to 96 new jobs. Also recently, Employment Plus, a full-service staffing, recruiting and human resources provider, announced plans to expand its Bloomington headquarters, adding up to 307 new jobs across the state.

About Mansfield-King
Named by Inc. Magazine as the fastest growing personal care contract manufacturer in the U.S. from 2006-2010, Mansfield-King provides comprehensive development services, high volume manufacturing and packaging of personal care products for hair care, skin care and body care. Mansfield-King is deeply committed to environmental stewardship, including extensive recycling and green technologies in its manufacturing process. For more information about Mansfield-King, please visit www.mansfieldking.com

About IEDC
Created by Governor Mitch Daniels in 2005 to replace the former Department of Commerce, the Indiana Economic Development Corporation is governed by a 12-member board chaired by Governor Daniels. Dan Hasler serves as the chief executive officer of the IEDC.

The IEDC oversees programs enacted by the General Assembly including tax credits, workforce training grants and public infrastructure assistance. All tax credits are performance-based. Therefore, companies must first invest in Indiana through job creation or capital investment before incentives are paid. A company who does not meet its full projections only receives a percentage of the incentives proportional to its actual investment. For more information about IEDC, visit www.iedc.in.gov.

Illinois-based Engineering Firm Locating Facility in Purdue Research Park

2012-04-27T11:49:00.002+02:00

WEST LAFAYETTE, Ind. (April 11, 2012) - Automotive Robotics Indiana Labs, Inc., a related company of Automotive Robotics Proving Labs, Inc. that provides electronics, engineering design and manufacturing services, announced plans today to locate a new facility here, creating up to 30 jobs by 2013.

The Illinois-based company, which provides emissions testing for engine original equipment manufacturers, will invest $10 million to build a 50,000 square-foot facility on a five-acre site in the Purdue Research Park. This new facility, which will house test cells and prototype build areas for engine testing, is slated to be operational next year.

"Automotive Robotics' decision to locate its newest facility in Indiana is testament to the magnetic effect Indiana has on innovative companies," said Dan Hasler, Secretary of Commerce and chief executive officer of the Indiana Economic Development Corporation. "With the collaborative efforts of many partners, Indiana is able to provide the most advantageous business climate in the nation for nurturing emergent companies."

Automotive Robotics, which currently employs approximately 125 associates nationwide, plans to begin hiring engineering, management and technician associates to coincide with facility opening.

"We are excited about expanding our relationship with Caterpillar on this important project and to developing a significant presence in the state of Indiana," said Ravi Gudapati, chief executive officer of Automotive Robotics. "This new facility enables Caterpillar to perform state of the art testing in order to bring engines to market that meet tough new emission and fuel economy requirements."

Founded in 2006 as a project engineering firm, Automotive Robotics expanded its services in 2008 to include an engine testing division. The company serves global clients including Fortune 100 companies in the automotive, agricultural, heavy engineering and electrical equipment industries.

"We know that Automotive Robotics was being recruited by other states and areas and we are pleased that they are moving into our community," said West Lafayette Mayor John Dennis. "The opening of this facility is the fruition of several months of collaboration and it creates high quality jobs and opportunities for residents in the Greater Lafayette area."

The Indiana Economic Development Corporation offered Automotive Robotics Indiana Labs, Inc. up to $300,000 in conditional tax credits and up to $50,000 in training grants 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 Tippecanoe County Commissioners and the city of West Lafayette will support the project through additional incentives.

"The realization of this new facility epitomizes the strong commitment we have to facilitating collaborations among industry and Purdue," said Joseph B. Hornett, senior vice president, treasurer and chief operating officer of the Purdue Research Foundation. "The project also will help leverage the research and development strengths of Automotive Robotics. They are the first high-tech company to build in the Phase 3 section of Purdue Research Park."

Automotive Robotics decision to locate a new facility in West Lafayette comes just two weeks after Genport SRL, a developer of high-energy electric generators and batteries, announced plans to establish its North American headquarters at the Purdue Research Park. As part of the project, the company will invest $2 million and create up to 20 new jobs by 2015.

About Automotive Robotics
Automotive Robotics is a Global End to End Engineering Company serving customers in the areas of Embedded Software, Controls Development, Mechanical Design & Analysis, Manufacturing Engineering & Quality, Engine Testing & Data Analysis through its 3 delivery centers & 800 engineers located globally. For more information about Automotive Robotics, visit www.autorobinc.com.

About Purdue Research Park
The Purdue Research Park (www.purdueresearchpark.com) has the largest university-affiliated business incubator complex in the country. The Purdue Research Park has four sites in the state of Indiana located in West Lafayette, Indianapolis, Merrillville and New Albany. The nearly 200 companies in the park network employ about 4,000 people who work in various high-tech fields including life sciences, engineering, information technology, agriculture and manufacturing.

About IEDC
Created by Governor Mitch Daniels in 2005 to replace the former Department of Commerce, the Indiana Economic Development Corporation is governed by a 12-member board chaired by Governor Daniels. Dan Hasler serves as the chief executive officer of the IEDC.

The IEDC oversees programs enacted by the General Assembly including tax credits, workforce training grants and public infrastructure assistance. All tax credits are performance-based. Therefore, companies must first invest in Indiana through job creation or capital investment before incentives are paid. A company who does not meet its full projections only receives a percentage of the incentives proportional to its actual investment. For more information about IEDC, visit www.iedc.in.gov.

Italian Firm Locates North American Headquarters in Tippecanoe County

2012-04-02T12:33:00.000+02:00

WEST LAFAYETTE, Ind. (March 30, 2012) - Genport SRL, a developer of high-energy electric generators and batteries, announced plans today to establish its North American headquarters here, creating up to 20 high-wage jobs by 2015.

The Italy-based company, a provider of products for the military, emergency and medical industries, will invest $2 million to lease and equip office and laboratory facilities at the Purdue Research Park located at 1281 Win Hentschel Dr. The facilities will house the company's hybrid fuel cell research and are slated to be operational this fall.

"Indiana's first-rate business climate is being acknowledged globally thanks to firms like Genport," said Dan Hasler, Secretary of Commerce and chief executive officer of the Indiana Economic Development Corporation. "With our world-class research universities and business-friendly policies, Indiana continues to attract ground-breaking companies and innovative leadership."

Genport, which will partner with the U.S. Department of Defense and the Naval Surface Warfare Center at Crane, plans to begin hiring additional engineers in the coming months.

"We chose to establish our U.S. subsidiary in West Lafayette to benefit from the tremendous environment of the Purdue Research Park and the state of Indiana," said Paolo Fracas, chief executive officer of Genport SRL. "We look forward to networking with the electro-medical and defense industries as well to establish research cooperation with Purdue University."

Genport, which operates two facilities in Vimercate and Milan, Italy, was founded in 2009 and released its first generation of portable hybrid fuel cells in 2010. The company recently received the 2011 Friend of the Environment Innovation Award in Milan for the category of relevant innovations for the company's energy-efficient technology systems.

"I am so pleased to welcome Genport to the Purdue Research Park in West Lafayette," said West Lafayette Mayor John Dennis. "Our ongoing partnership with the Purdue Research Foundation continues to attract companies from around the world. The addition of this international company is proof that our local economy truly has a global impact."

The Indiana Economic Development Corporation offered Genport SRL up to $225,000 in conditional tax credits and up to $21,000 in training grants 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 Tippecanoe County Commissioners and the city of West Lafayette will support the project through additional incentives.

"Genport is an important economic partner to West Lafayette and Indiana," said Joseph B. Hornett, senior vice president, treasurer and chief operating officer of the Purdue Research Foundation. "Genport's plans to collaborate with Purdue on research projects in alternative energy, particularly in area of fuel cell research, will provide a strong collaboration among Genport, Purdue and Indiana."

Since 2005, the IEDC has worked with more than 175 international companies to bring jobs, opportunities and capital investment to communities across Indiana. These companies have projected to create more than 2,250 new jobs and invest more than $8.9 billion in the Hoosier State.

About Genport
Founded in 2009, Genport designs and manufactures clean, safe portable power solutions to generate and store electric energy anytime, anywhere. These power technologies lead to a substantial improvement of throughput of electronics equipment utilized in emergency, electro-medical, military, telecommunications, nautical, caravan, residential, small vehicles and agriculture.

About Purdue Research Park
The Purdue Research Park (www.purdueresearchpark.com) has the largest university-affiliated business incubator complex in the country. The Purdue Research Park has four sites in the state of Indiana located in West Lafayette, Indianapolis, Merrillville and New Albany. The nearly 200 companies in the park network employ about 4,000 people who work in various high-tech fields including life sciences, engineering, information technology, agriculture and manufacturing.

About IEDC
Created by Governor Mitch Daniels in 2005 to replace the former Department of Commerce, the Indiana Economic Development Corporation is governed by a 12-member board chaired by Governor Daniels. Dan Hasler serves as the chief executive officer of the IEDC.

The IEDC oversees programs enacted by the General Assembly including tax credits, workforce training grants and public infrastructure assistance. All tax credits are performance-based. Therefore, companies must first invest in Indiana through job creation or capital investment before incentives are paid. A company who does not meet its full projections only receives a percentage of the incentives proportional to its actual investment. For more information about IEDC, visit www.iedc.in.gov.

Supply Chain Consulting Firm Expanding Headquarters in Hamilton County

2012-03-30T14:34:00.000+02:00

CARMEL, Ind. (March 29, 2012) - enVista, LLC, an enterprise and supply chain consulting services firm, announced plans today to expand its headquarters here, creating up to 96 new jobs by 2016.

The company, which serves customers in the retail, automotive and health care industries, will invest $1.2 million to expand and renovate an additional 10,000 square feet of office space at the company's current 11711 N. Meridian St. facility. As part of the project, enVista will also purchase and equip new information technology hardware and software.

"Two home-grown Hoosier businesses announcing headquarter expansions in Indiana in as many days tells me that businesses continue to take notice of Indiana's strong business climate," said Governor Mitch Daniels. "At the heart of the nation, our state's prime location makes Indiana a leading hub for logistics companies like enVista."

enVista, which currently employs 62 associates in Carmel, has already begun hiring information technology, engineering, accounting and human resources associates.

"When we started enVista 10 years ago, we had a vision of creating a national based consulting firm," said Jim Barnes, president and chief executive officer of enVista. "After completing our due diligence on where to locate our U.S. headquarters, Carmel, Ind. was the logical choice in order to provide the best service to our customers. In addition to Indiana's strategic location, we have found the local labor force to be incredibly skilled in the areas that are important for growing our business which are supply chain and technology consulting."

Founded in 2002 by Barnes and John Stitz, the company was established to reduce cost and mitigate waste in the supply chain industry. enVista, a 2009 "Company to Watch" recipient, operates additional offices in Atlanta, Chicago, Los Angeles and New York along with international offices in the Netherlands and India.

The Indiana Economic Development Corporation offered enVista, LLC up to $1,000,000 in conditional tax credits and up to $80,000 in training grants 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.

"I look forward to enVista expanding its headquarters in the city of Carmel and the additional vitality it will bring the local business community," said Carmel Mayor James Brainard. "The city continues to benefit from the investment that enVista makes in its Carmel location and the creation of jobs that follows."

enVista's announcement is the latest in a series of headquarters expansions in the Hoosier State. Yesterday, Employment Plus announced plans to expand its Bloomington headquarters, creating up to 307 new jobs across the state by 2015. Also, collection agency DECA Financial Services recently announced it will grow its headquarters in Fishers and add up to 270 new jobs by 2015.

About enVista
enVista is a leading enterprise and supply chain consulting services provider, delivering innovative solutions that improve profitability, enhance customer service and reduce waste from source to consumption. enVista provides exceptional value in its unique ability to consult, implement and operate. These capabilities, in combination with enVista's deep domain expertise, enable world-leading manufacturers, distributors and retailers to leverage one experienced partner for all matters related to supply chain transportation and ERP. enVista is named by Inc. Magazine to its 2011 list of Top 5000 Fastest-Growing, Privately Held Companies. For more information about enVista, visit www.envistacorp.com.

About IEDC
Created by Governor Mitch Daniels in 2005 to replace the former Department of Commerce, the Indiana Economic Development Corporation is governed by a 12-member board chaired by Governor Daniels. Dan Hasler serves as the chief executive officer of the IEDC.

The IEDC oversees programs enacted by the General Assembly including tax credits, workforce training grants and public infrastructure assistance. All tax credits are performance-based. Therefore, companies must first invest in Indiana through job creation or capital investment before incentives are paid. A company who does not meet its full projections only receives a percentage of the incentives proportional to its actual investment. For more information about IEDC, visit www.iedc.in.gov.

Employment Plus Grows Bloomington Headquarters, Adds Jobs Across State

2012-03-30T14:10:00.000+02:00

BLOOMINGTON, Ind. (March 28, 2012) - Employment Plus, Inc., an Indiana-based full-service staffing, recruiting and human resources provider with more than 100 locations in 17 states, announced plans today to expand its Bloomington headquarters and add additional branches across the state, creating up to 307 new jobs by 2015.

Founded in 1993, the Hoosier firm offers staffing services to more than 1,000 customers in the light manufacturing, transportation, construction, healthcare and call center industries. As part of an initiative to grow and expand throughout Indiana, Employment Plus will invest $1.18 million to lease and equip a 21,400 square-foot facility as its new headquarters at 1801 S. Liberty Dr., Suite 300 in Bloomington. The company moved to the new location on March 2.

"It's a great day when Indiana can not only welcome hundreds of new jobs, but also celebrate the continued growth of an existing, home-grown Hoosier firm," said Governor Mitch Daniels. "Employment Plus is proof of the strength of our state's business climate and workforce and we are so proud to see them expand at record pace."

Employment Plus recently opened several new branches in Indiana as part of its expansion, including locations in Elkhart, Fort Wayne, Goshen and Lafayette.

"For over 19 years, Indiana has provided a sustainable environment that has helped Employment Plus to succeed; the labor availability, workforce development programs and economy have been tremendous in helping us to grow," said Jack Dill, chief financial officer of Employment Plus. "We're excited for the opportunity to continue our state-wide expansion, increase the number of available jobs to local Hoosiers, and help businesses to fill needed positions by utilizing our exclusive Plus Process."

The Indiana Economic Development Corporation offered Employment Plus up to $1,350,000 in conditional tax credits and up to $200,000 in training grants 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 Bloomington will consider additional property tax abatement at the request of the Bloomington Economic Development Corporation.

The company, which currently employs 171 full-time team members at its 20 Indiana locations, has already begun hiring additional headquarter and support positions in Bloomington and across the state. For a list of available positions, interested candidates can visit www.employmentplus.com.

"Our community is immensely proud of Employment Plus' success and glad they have chosen to expand their headquarters and centralize key multi-state operations in Bloomington," said Ron Walker, president of the Bloomington Economic Development Corporation. "Employment Plus is a home-grown Bloomington company and a leader in a rapidly changing field; we're excited that our location and workforce will help them reach even greater success and productivity in the coming years."

Employment Plus joins the growing list of more than 179 companies that have committed to locating or growing their headquarters in the Hoosier State since 2005, accounting for more than 28,100 projected new headquarters and operations jobs and more than $2.1 billion in investment.

About Employment Plus
Founded in 1993, Employment Plus is one of the fastest-growing US staffing firms, operating from over 100 branch and on-site partner locations throughout nation. The company provides award-winning staffing, professional and technical recruiting, managed services support and innovative contingent workforce solutions. Employment Plus drives business results in industrial / light manufacturing, office, call center, transportation, healthcare and construction industry sectors. By combining its local branch teams, exclusive Plus Process™, centralized corporate resources and difference maker culture, Employment Plus creates lasting partnerships with clients and cost-effectively fills temporary, temp-to-hire, contract and direct-hire positions. For more information, contact Thomas Hume, VP of Marketing at: THume@EmploymentPlus.com, (812) 961-5055, or visit us online at www.EmploymentPlus.com.

About IEDC
Created by Governor Mitch Daniels in 2005 to replace the former Department of Commerce, the Indiana Economic Development Corporation is governed by a 12-member board chaired by Governor Daniels. Dan Hasler serves as the chief executive officer of the IEDC.

The IEDC oversees programs enacted by the General Assembly including tax credits, workforce training grants and public infrastructure assistance. All tax credits are performance-based. Therefore, companies must first invest in Indiana through job creation or capital investment before incentives are paid. A company who does not meet its full projections only receives a percentage of the incentives proportional to its actual investment. For more information about IEDC, visit www.iedc.in.gov.

Amazon to Open New Facility in Jeffersonville, Creating More Than 1,000 New Jobs

2012-03-28T09:54:00.000+02:00

JEFFERSONVILLE, Ind. (March 27, 2012) - Amazon.com, Inc. (NASDAQ: AMZN) announced plans today to locate a new fulfillment center in Jeffersonville, creating up to 1,050 new jobs by 2015 and approximately $150 million in investment in the state.

"This is Amazon's fifth Indiana facility, and the company is employing thousands of Hoosiers. We're grateful for every one of those jobs," said Governor Mitch Daniels. "These facilities will serve customers across the country, further cementing Indiana's position as the country's logistics capital."

The Jeffersonville facility will be Amazon's fifth fulfillment center in Indiana, bringing its total footprint in the state to more than 4 million square feet. Amazon currently operates facilities in Indianapolis, Whitestown and Plainfield.

"Indiana is home to thousands of Amazon employees, and we look forward to bringing additional jobs to the state this fall," said Dave Clark, vice president, Amazon global customer fulfillment. "We're grateful to state officials for their business-friendly approach, which supports our continued expansion in Indiana."

The Seattle-based company expects to open the new facility this fall.

The Indiana Economic Development Corporation offered Amazon.com.indc LLC up to $2,000,000 in conditional tax credits and up to $300,000 in training grants 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. Also, the IEDC and the Indiana Department of Transportation will allocate funds to improve Cox Road. River Ridge Development Authority has approved additional property tax abatement through the enterprise zone and will support infrastructure improvements.

"We are very excited to have a corporate citizen like Amazon here at the River Ridge Commerce Center. Their presence here is further testament of River Ridge being the Midwest's premier development site," said Mark Robinson, president of the River Ridge Development Authority.

"We are extremely excited to have Amazon join our business community," said Jeffersonville Mayor Mike Moore. "An addition like this shows Jeffersonville is at the forefront of a national rebound."

The announcement of Amazon's decision to locate its newest facility in the southeast Indiana city adds to the state's growing transportation and distribution industry. Indiana is home to more than 4,700 miles of mainline rail track, three international airports and more than 11,000 total highway miles. Each year, more than 1.1 billion tons of freight travel through Indiana, making it the fifth busiest state for commercial freight traffic in the nation.

About Amazon
Amazon.com, Inc. (NASDAQ: AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com, Inc. seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as Books; Movies, Music & Games; Digital Downloads; Electronics & Computers; Home & Garden; Toys, Kids & Baby; Grocery; Apparel, Shoes & Jewelry; Health & Beauty; Sports & Outdoors; and Tools, Auto & Industrial. Amazon Web Services provides Amazon's developer customers with access to in-the-cloud infrastructure services based on Amazon's own back-end technology platform, which developers can use to enable virtually any type of business. The new latest generation Kindle is the lightest, most compact Kindle ever and features the same 6-inch, most advanced electronic ink display that reads like real paper even in bright sunlight. Kindle Touch is a new addition to the Kindle family with an easy-to-use touch screen that makes it easier than ever to turn pages, search, shop, and take notes - still with all the benefits of the most advanced electronic ink display. Kindle Touch 3G is the top of the line e-reader and offers the same new design and features of Kindle Touch, with the unparalleled added convenience of free 3G. Kindle Fire is the Kindle for movies, TV shows, music, books, magazines, apps, games and web browsing with all the content, free storage in the Amazon Cloud, Whispersync, Amazon Silk (Amazon's new revolutionary cloud-accelerated web browser), vibrant color touch screen, and powerful dual-core processor.

Amazon and its affiliates operate websites, including www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.co.jp, www.amazon.fr, www.amazon.ca, www.amazon.cn, www.amazon.it, and www.amazon.es. As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.

Forward-Looking Statements
This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to competition, management of growth, new products, services and technologies, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions and strategic transactions, foreign exchange rates, system interruption, inventory, government regulation and taxation, payments and fraud. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K and subsequent filings.

About IEDC
Created by Governor Mitch Daniels in 2005 to replace the former Department of Commerce, the Indiana Economic Development Corporation is governed by a 12-member board chaired by Governor Daniels. Dan Hasler serves as the chief executive officer of the IEDC.

The IEDC oversees programs enacted by the General Assembly including tax credits, workforce training grants and public infrastructure assistance. All tax credits are performance-based. Therefore, companies must first invest in Indiana through job creation or capital investment before incentives are paid. A company who does not meet its full projections only receives a percentage of the incentives proportional to its actual investment. For more information about IEDC, visit www.iedc.in.gov.

Global Automotive Supplier Chooses Allen County for New Location

2012-03-28T09:53:00.000+02:00

FORT WAYNE, Ind. (March 27, 2012) - Android Industries, a specialty equipment manufacturer and complex assembler, announced plans today to locate a new operation here, creating up to 66 new jobs by 2013.

The Michigan-based automotive company, which specializes in sub-assembly, sequencing and logistics, will invest $8.97 million to lease and equip a 55,000 square-foot space at 13008 Fogwell Parkway Rd. Android, which plans to begin facility renovations this spring, will also add 4,000 square feet to the office area and additional shipping bays.

"We have worked hard to create one of the best business climates in the country," said Governor Mitch Daniels. "I am happy that Android chose Indiana to open this new operation. Their new home will give them every opportunity for success due to our pro-growth environment and the unrivaled work ethic of Hoosiers."

Android, which has more than 2,000 employees globally, will begin hiring manufacturing and robotic programming associates in Allen County this summer.

"Android chose Indiana and specifically Fort Wayne because it's both an employee- and employer-friendly environment," said David Donnay, vice president of human resources at Android. "Recently, Indiana became a right-to-work state and offers us a competitive location and a skilled work force to complement our state of the art technology. All of these factors went into choosing Indiana as an optimal location."

Founded in 1988, Android today serves automotive clients at its 17 plants worldwide, including locations in Mexico, Spain and Brazil. Android's team also manages more than $8 billion of material each year in its supply chain management division.

The Indiana Economic Development Corporation offered Android Industries Ft. Wayne, LLC up to $400,000 in conditional tax credits and up to $50,000 in training grants 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 Allen County Council will consider additional property tax abatement at the request of the Fort Wayne-Allen County Economic Development Alliance.

"We are excited to welcome Android Industries to the Allen County community," said Nelson Peters, Allen County commissioner. "Allen County will continue to provide the skilled workforce and environment that will allow the company to grow here."

About Android Industries
Android operates as a state of the art sub-assembler and sequencer of complex modules for automotive OEMs, including tire and wheel, engine, suspension, axle and instrument panel modules. Additionally, Android provides coating and powder coating, logistic optimization centers and supply chain management. Android's corporate headquarters is located in Auburn Hills, Mich. To learn more about Android, visit www.android-ind.com.

About IEDC
Created by Governor Mitch Daniels in 2005 to replace the former Department of Commerce, the Indiana Economic Development Corporation is governed by a 12-member board chaired by Governor Daniels. Dan Hasler serves as the chief executive officer of the IEDC.

The IEDC oversees programs enacted by the General Assembly including tax credits, workforce training grants and public infrastructure assistance. All tax credits are performance-based. Therefore, companies must first invest in Indiana through job creation or capital investment before incentives are paid. A company who does not meet its full projections only receives a percentage of the incentives proportional to its actual investment. For more information about IEDC, visit www.iedc.in.gov.

Busche Expands in Albion, Opens Eighth Facility

2012-03-26T11:35:00.000+02:00

ALBION, Ind. (March 22, 2012) - Governor Mitch Daniels joined executives from Busche Enterprise Division, Inc., a computer numerical control (CNC) production machining firm, today to announce the company's plans to expand its operations here, creating up to 120 new jobs by 2015.

The Albion-based company, which is known for the machining and assembly of complex castings and forgings for the durable goods and automotive industries, will invest $17.4 million to purchase, expand and equip a 36,000 square-foot facility one mile west of its main campus and headquarters in Albion. Construction to expand the building by an additional 24,000 square feet will begin this fall and the new manufacturing plant is expected to be operational early next year.

"Creating a climate that allows successful, growing manufacturing companies like Busche expand in Indiana is our number one priority," said Daniels. "We have worked hard to make Indiana the most attractive state for business in the country. Busche will benefit from our strong infrastructure, skilled workforce and business-friendly policies."

Over the weekend, The Wall Street Journal reported that "the results of Indiana's efforts to attract manufacturing jobs are encouraging so far. The number of (Hoosiers) employed in manufacturing at the end of 2011 was up 7.6 percent from two years before to 472,500, compared with a 3 percent rise nationally, after plunging during the recession."

Busche, which currently employs more than 550 Hoosiers, launched in 1997 out of a vacant facility on Albion's courthouse square, with one employee - founder Nick A. Busche. The company has since added more than 400,000 square feet of production and warehouse space with seven manufacturing facilities and produced nearly $100 million in sales in 2011.

"The state of Indiana and the local economic development folks have shown a willingness to do what is necessary to attract businesses to our state," said Nick A. Busche, chief executive officer and president of Busche. "The recent passage of the right-to-work law was just another example of the strong commitment by this state to promote growth and job creation. Indiana offers an enthusiastic business climate and a great workforce. We believe manufacturers in Indiana can rely on Governor Daniels and his staff to support our efforts and investments."

Busche, which serves Original Equipment Manufacturers and other customers worldwide, will begin hiring experienced CNC operators and individuals wishing to be trained and start careers as CNC operators, along with support positions this summer.

The Indiana Economic Development Corporation offered Busche Enterprise Division, Inc. up to $600,000 in conditional tax credits and up to $150,000 in training grants 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. Noble County will consider additional property tax abatement at the request of the Noble County Economic Development Corporation

"On behalf of the town of Albion, I would like to congratulate Busche on their expansion," said Beth Shellman, Albion Town Manager. "The Albion Town Council wishes Busche continued success in their future endeavors."

About Busche
BUSCHE specializes in medium to high volume production machining for the durable goods industry. With an absolute commitment to high-quality standards, Busche has earned "safety critical" approved supplier status for steering and braking components and is TS-16949 and ISO-9001 certified. Busche has a solid reputation for exceptional customer performance, using the latest manufacturing technologies, and producing superior parts with a zero defect objective. Operations are conducted in seven, climate-controlled, production facilities with over 432,200 square feet under roof using work cells that reduce lead times, improve quality and productivity while maintaining excellent on-time delivery records. For additional information regarding this outstanding organization, visit www.busche-cnc.com on the web.

About IEDC
Created by Governor Mitch Daniels in 2005 to replace the former Department of Commerce, the Indiana Economic Development Corporation is governed by a 12-member board chaired by Governor Daniels. Dan Hasler serves as the chief executive officer of the IEDC.

The IEDC oversees programs enacted by the General Assembly including tax credits, workforce training grants and public infrastructure assistance. All tax credits are performance-based. Therefore, companies must first invest in Indiana through job creation or capital investment before incentives are paid. A company who does not meet its full projections only receives a percentage of the incentives proportional to its actual investment. For more information about IEDC, visit www.iedc.in.gov.

Financial Services Firm to Grow Its Fishers Headquarters

2012-03-26T11:34:00.000+02:00

FISHERS, Ind. (March 22, 2012) - DECA Financial Services, LLC, a nationally licensed collection agency, announced plans today to expand its headquarters here, creating up to 270 new jobs by 2015.

Founded in 2010 in Fishers, DECA is an account receivables management firm for government agencies and corporate entities. The company will invest $2.6 million to purchase and equip a vacant building on Visionary Way in Fishers.

"DECA is another example of an Indiana company showing confidence in our competitive business climate and strong Hoosier workforce," said Governor Mitch Daniels. "We thank them for their commitment to our state and growing the Indiana economy."

The company plans to hire approximately 140 employees over the next three years and up to 270 cumulative positions in the coming years. DECA began hiring new administrative, human resources and finance associates last summer.

"The town of Fishers and state of Indiana have provided a great business environment for our company to grow," said Todd Wolfe, president and chief executive officer of DECA. "We appreciate their support, and look forward to calling Fishers, Ind. our home for many years to come."

The Indiana Economic Development Corporation offered DECA Financial Services, Inc. up to $2,500,000 in conditional tax credits and up to $45,000 in training grants 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 town of Fishers has approved additional property tax abatement.

"We are excited to have DECA in Fishers," said Mike Colby, Fishers town council vice president. "As Fishers continues to grow, new opportunities for jobs are important and we are thankful that DECA is helping add jobs to our community."

Just last week, life sciences firm Helmer, Inc. also announced plans to expand its headquarters in central Indiana. The laboratory equipment and refrigerated products manufacturer will invest $10.56 million to construct a new facility in Noblesville, adding up to 46 new jobs by 2014.

About DECA Financial Services
DECA Financial Services, LLC is a nationally licensed collection agency located in Fishers, Ind., which specializes in healthcare (facility and physician), education, financial services (banks and credit unions) and municipal (taxes, tolls, etc.) based debt. DECA is staffed with professional account representatives who consult with consumers that are financially responsible for resolving any outstanding balances.

About IEDC
Created by Governor Mitch Daniels in 2005 to replace the former Department of Commerce, the Indiana Economic Development Corporation is governed by a 12-member board chaired by Governor Daniels. Dan Hasler serves as the chief executive officer of the IEDC.

The IEDC oversees programs enacted by the General Assembly including tax credits, workforce training grants and public infrastructure assistance. All tax credits are performance-based. Therefore, companies must first invest in Indiana through job creation or capital investment before incentives are paid. A company who does not meet its full projections only receives a percentage of the incentives proportional to its actual investment. For more information about IEDC, visit www.iedc.in.gov.

Ashley Distribution Project Earns National Recognition

2012-03-26T11:33:00.001+02:00

INDIANAPOLIS (March 21, 2012) - Family Dollar Stores, Inc.'s plans to open a new distribution facility in Ashley, Ind. received national recognition last week as a winner of Trade & Industry Development magazine's 7th annual Corporate Investment and Community Impact Awards (CiCi).

The project was chosen from hundreds of applications as one of the top 15 in the Community Impact category for the Fortune 300 retailer's nearly $70 million planned investment to build an 815,000 square-foot, highly automated distribution facility and anticipated creation of 350 jobs.

"Our number one goal is to provide Hoosiers from towns small and large more jobs. Trade & Industry Development's recognition of Family Dollar's decision to bring hundreds of new jobs to Ashley is not only a testament of the economic impact it will have on the local community but the hard-work, dedication and coordination of both company officials and the people of Ashley in bringing this project to fruition," said Dan Hasler, Secretary of Commerce and chief executive officer of the Indiana Economic Development Corporation.

Community Impact CiCi Award selections are based on an analysis of the project's positive impact on the local community. For a complete list of winners, see Trade & Industry Development's March/April issue or visit www.tradeandindustrydev.com.

"Family Dollar Stores Inc.'s project in Ashley, Ind., embodies the spirit of the CiCi Awards' Community Impact category as the 350 new jobs it will create in a community of just 1,000 residents will most certainly bring a remarkably positive change to the community at large," said Scott Swoger, publisher of Trade and Industry Development.

The first Family Dollar store was opened in 1959 by a 21-year old entrepreneur and has since grown to 7,100 stores nationwide. When the company's Ashley site becomes operational later this month, it will be its 10th such center nationally.

"Family Dollar is honored by this award," said Charles Gibson, executive vice president, supply chain of Family Dollar. "Our new distribution center in Ashley will allow us to serve our customers more efficiently while providing hundreds of new jobs in a state of the art facility."

The CiCi Award is the latest in a number of honors Indiana has received for its economic development environment in the past year. Most recently, Indiana was ranked best in the Midwest and the fifth overall best state for doing business by Area Development magazine. Also, Site Selection named the Hoosier State's business climate the sixth best in the nation.

About Trade & Industry Development
Trade & Industry Development serves executives within specific vertical industries. Its mission is to help companies perpetuate success by providing clear and crucial insight into the challenge of site selection and facility planning. By working with thought leaders and experts in various fields, Trade & Industry Development provides actionable content that is both innovative and forward-looking. It is committed to being a valuable and trusted partner for C-suite executives, corporate real estate professionals and site consultants, enabling them to make the best possible decisions - for themselves, their companies and their shareholders. www.tradeandindustrydev.com.

About Family Dollar
Beginning with one store in 1959 in Charlotte, North Carolina, the Company currently operates more than 7,100 stores in 45 states. Family Dollar Stores, Inc., a Fortune 300 company, is based in Matthews, North Carolina, just outside of Charlotte and is a publicly held company with common stock traded on the New York Stock Exchange under the symbol FDO. For more information, please visit www.familydollar.com.

About IEDC
Created by Governor Mitch Daniels in 2005 to replace the former Department of Commerce, the Indiana Economic Development Corporation is governed by a 12-member board chaired by Governor Daniels. Dan Hasler serves as the chief executive officer of the IEDC.

The IEDC oversees programs enacted by the General Assembly including tax credits, workforce training grants and public infrastructure assistance. All tax credits are performance-based. Therefore, companies must first invest in Indiana through job creation or capital investment before incentives are paid. A company who does not meet its full projections only receives a percentage of the incentives proportional to its actual investment. For more information about IEDC, visit www.iedc.in.gov.

Global Manufacturer to Consolidate Kentucky Operations to Porter County

2012-03-19T16:55:00.000+01:00

KOUTS, Ind. (March 19, 2012) - Leggett and Platt, Inc. (NYSE:LEG), a manufacturer of engineered components, announced today that it will consolidate parts of its Kentucky-based manufacturing operations here, creating up to 30 new jobs by 2012.

The company, which manufactures residential furnishings and commercial fixtures, will invest $275,000 to consolidate from Nicholasville, Ky. to the company's current 200,000 square-foot facility in Kouts. As part of the project, Leggett and Platt has already installed additional wire drawing equipment at its facility.

"Leggett and Platt's decision represents the continued trend of confidence that expanding companies have in our business climate," said Dan Hasler, Secretary of Commerce and chief executive officer of the Indiana Economic Development Corporation. "Indiana continues to welcome new jobs from companies consolidating from neighboring states and foreign countries. This announcement is the latest example of the benefits of maintaining fiscal discipline and a low-cost business environment."

Leggett and Platt currently employs 85 associates at its six Indiana locations. It has already begun hiring additional machine operators and material handling associates in Kouts.

"We were driven to expand in Kouts by our decision to consolidate our Kentucky facility and move that volume to other facilities," said Bill Avise, vice president of Leggett and Platt. "The workforce at our Kouts facility is excellent with the town proving great to work with."

Established in 1883, J.P. Leggett and C.B. Platt patented the spiral steel coil bedspring in 1885 which was advertised as the provider of the best night's sleep. The Carthage, Mo.-based company is one of the largest steel wire producers in the nation and is both a member of the S&P 500 and Fortune 1000.

The Indiana Economic Development Corporation offered Leggett and Platt, Inc. up to $275,000 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 town of Kouts approved additional property tax abatement.

"Leggett and Platt has been an integral part of the town of Kouts and has been an outstanding corporate citizen," said Tim Jones, president of the Kouts Town Council. "We appreciate their continued support in our community and look forward to their continued growth and success."

Leggett and Platt joins the growing list of companies planning to move all or a portion of its operations to Indiana from a neighboring state. Last month, transportation service provider Wheaton Van Lines announced that it will acquire an Illinois-based company and relocate its operations to Indianapolis, creating more than 30 new jobs by 2012. Also, Pet Supplies Plus recently announced it will relocate its warehousing operations from southeastern Michigan to Seymour, adding up to 135 new jobs by 2016.

About Leggett and Platt
Leggett & Platt (NYSE: LEG) is a diversified manufacturer (and member of the S&P 500) that conceives, designs and produces a variety of engineered components and products that can be found in most homes, offices and automobiles. The 129-year-old firm is comprised of 20 business units, 18,000 employee-partners and 130 manufacturing facilities located in 18 countries.

About IEDC
Created by Governor Mitch Daniels in 2005 to replace the former Department of Commerce, the Indiana Economic Development Corporation is governed by a 12-member board chaired by Governor Daniels. Dan Hasler serves as the chief executive officer of the IEDC.

The IEDC oversees programs enacted by the General Assembly including tax credits, workforce training grants and public infrastructure assistance. All tax credits are performance-based. Therefore, companies must first invest in Indiana through job creation or capital investment before incentives are paid. A company who does not meet its full projections only receives a percentage of the incentives proportional to its actual investment. For more information about IEDC, visit www.iedc.in.gov.

Life Sciences Firm Expanding Headquarters in Noblesville

2012-03-16T12:43:00.000+01:00

NOBLESVILLE, Ind. (March 15, 2012) - Helmer, Inc., a manufacturer of laboratory equipment and refrigerated products, announced plans today to expand its headquarters here, creating up to 46 new jobs by 2014.

The life sciences company will invest $10.56 million to construct a 137,500 square-foot manufacturing and global operations facility at the Noblesville Saxony Corporate Campus and move its operations from 14395 Bergen Blvd. As part of the project, Helmer will purchase advanced manufacturing equipment and make technical infrastructure upgrades. Construction on the new facility has already begun.

"Expanding and thriving companies like Helmer are the reason our state's reputation as a hub for the life sciences industry continues to garner national attention," said Dan Hasler, Secretary of Commerce and chief executive officer of the Indiana Economic Development Corporation. "Our world-class research universities and low-tax policies are helping to grow these innovative companies."

Helmer, which currently has nearly 150 full-time employees in Indiana, has already begun hiring additional engineering, manufacturing, marketing and sales positions.

"We see this new facility as a key element in delivering products to market faster for our customers in over 100 countries, as well helping us attract and retain outstanding talent," said Bruce King, president of Helmer. "We are thrilled that our headquarters is remaining in Noblesville given its central location for our workforce. This project could not have gone through without the help of the IEDC, Noblesville, Saxony and Verus, whose efforts were brought together by our partner on the project, Summit Real Estate."

The Indiana Economic Development Corporation offered Helmer, Inc. up to $300,000 in conditional tax credits and 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 Noblesville approved additional property tax abatement.

"It is really gratifying to see Helmer reinvest once again in Noblesville," said Noblesville Mayor John Ditslear. "We work hard to help our city's businesses grow and expand and are pleased that Helmer's latest expansion will keep them in Noblesville and in our Corporate Campus. They are a very important part of our community."

The Wall Street Journal recently cited Indianapolis as "one of the hottest spots for starting a new business" and a national hub for the life sciences industry. The Hoosier State has added more than 8,800 jobs in the life sciences industry in recent years and today some 825 medical-device companies, drug manufacturers and research labs call Indiana home.

About Helmer
Helmer Scientific is a world leader in providing specialized scientific products that aid customers in their efforts to improve and save lives. Our purpose is to provide opportunities for personal growth and development while positively impacting the world community. Helmer provides solutions for storage and processing while serving customers within hospitals, diagnostic labs, pharmaceutical and biotech companies, universities, research institutions, and government facilities. Our Brand Promise of targeted, customer-focused innovation, world-class quality and reliability, and relationship-based service sets us apart.

Helmer Global Initiatives (HGI) is operated by Helmer to make an impact on society and bring aid and justice for poor and vulnerable people through our philanthropic and volunteer initiatives. Additional information about Helmer is available at www.helmerinc.com.

About IEDC
Created by Governor Mitch Daniels in 2005 to replace the former Department of Commerce, the Indiana Economic Development Corporation is governed by a 12-member board chaired by Governor Daniels. Dan Hasler serves as the chief executive officer of the IEDC.

The IEDC oversees programs enacted by the General Assembly including tax credits, workforce training grants and public infrastructure assistance. All tax credits are performance-based. Therefore, companies must first invest in Indiana through job creation or capital investment before incentives are paid. A company who does not meet its full projections only receives a percentage of the incentives proportional to its actual investment. For more information about IEDC, visit www.iedc.in.gov.

Sheet Metal Manufacturer to Nearly Double Workforce in LaGrange County

2012-03-14T16:48:00.000+01:00

TOPEKA, Ind. (March 12, 2012) - S&H Metal Products, Inc., a manufacturer of sheet metal products, announced plans today to expand its operations here, creating up to 18 new jobs by 2015.

The company, which produces both galvanized and aluminum sheet metal for the RV industry, will purchase new computer numerical control equipment to fabricate new designs for the company's custom line of sheet metal products and components.

"Northern Indiana's prominence as an epicenter for the RV industry is further strengthened with S&H's expansion plans," said Dan Hasler, Secretary of Commerce and chief executive officer of the Indiana Economic Development Corporation. "Our low-tax business climate encourages sustainable growth for companies and promotes more jobs for Hoosiers."

S&H, which currently employs 20 full-time associates in Topeka, Ind., has already begun hiring additional handling, operating and transportation associates.

"We expanded our operations in Topeka because LaGrange County has some of the best workers in the world," said Fritz Helmuth, founder and president of S&H Metal Products. "Our location in the heart of the RV industry gives us a competitive edge for our business."

Founded in 1972 by Helmuth, the company started operations as a manufacturer of light-galvanized fabrication parts for the RV and modular home industries. S&H specializes in the 'just in time' production strategy to provide RV manufacturers with parts on an as needed basis.

The Indiana Economic Development Corporation offered S&H Metal Products, Inc. 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. The Topeka Town Council initially approved additional property tax abatement at the request of the LaGrange County Economic Development Corporation.

"We are grateful for the investment by S&H Metal into their facility in Topeka," said Yvonne Eash, president of the Topeka Town Council. "They are a valued long-term employer in our community."

S&H's recent expansion joins the growing list of jobs announcements in northern Indiana's manufacturing industry. Just last week, Supreme Industries, Inc., a full-line manufacturer of customized truck bodies, announced plans to expand its operations in nearby Elkhart County, investing $7.71 million and creating up to 350 new jobs by 2015.

About S&H
S&H Metal Products, located in Topeka, Ind., is a leading custom sheet metal fabricator. We are a highly skilled team with years of engineering and design experience. Our manufacturing capabilities and experienced workforce have allowed us to specialize in supplying high quality customized sheet metal parts, components and finished goods that span a broad range of industries.

About IEDC
Created by Governor Mitch Daniels in 2005 to replace the former Department of Commerce, the Indiana Economic Development Corporation is governed by a 12-member board chaired by Governor Daniels. Dan Hasler serves as the chief executive officer of the IEDC.

The IEDC oversees programs enacted by the General Assembly including tax credits, workforce training grants and public infrastructure assistance. All tax credits are performance-based. Therefore, companies must first invest in Indiana through job creation or capital investment before incentives are paid. A company who does not meet its full projections only receives a percentage of the incentives proportional to its actual investment. For more information about IEDC, visit www.iedc.in.gov.

Software Security Consulting Firm Chooses Bloomington for New Facility

2012-03-14T16:47:00.000+01:00

BLOOMINGTON, Ind. (March 12, 2012) - Cigital, Inc., a software security consulting firm, announced plans today to locate a new facility here, creating up to 25 high-wage jobs by 2014.

The Virginia-based company, which specializes in helping companies design, build and maintain secure software, will invest $352,000 to lease and equip 2,400 square feet of space at 100 S. College Ave. The new facility will house the company's first assessment center outside of its Dulles, Va. headquarters and is slated to be operational in May.

"Innovative companies like Cigital recognize our state's high-growth potential for expanding businesses," said Dan Hasler, Secretary of Commerce and chief executive officer of the Indiana Economic Development Corporation. "With our world-class research universities and low-tax policies, we're continuing to bring in more high-wage jobs for Hoosiers."

Cigital, which has approximately 200 employees internationally, has already begun hiring new software security consultants.

"Bloomington and the surrounding area has a growing technology base and we are thrilled to be a part of it," said John Wyatt, chairman and chief executive officer of Cigital. "Our new location is representative of our growing business and we are excited about the talented individuals from the area that we will bring to Cigital."

Cigital was established in 1992 with funding and contracts from the Defense Advanced Research Projects Agency and NASA. The company, which has additional offices in New York, Massachusetts, California, the United Kingdom, the Netherlands and India, has been awarded eight patents for its advances in software security.

The Indiana Economic Development Corporation offered Cigital, Inc. up to $250,000 in conditional tax credits and up to $8,100 in training grants 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 Bloomington supports the project through additional incentives at the request of the Bloomington Economic Development Corporation.

"This is a big win in our continuing effort to enhance our growing high tech community," said Bloomington Mayor Mark Kruzan. "The new jobs that Cigital is bringing mean more opportunities in Bloomington for our local tech workers and for new grads from Indiana University. It also means more reasons for tech workers and other employers around the globe to look at coming to Bloomington to create their own opportunities."

According to TechAmerica Foundation's Cyberstates 2011 report, Indiana's tech sector employs more than 70,000 people, with a total payroll of $4.3 billion. The fastest growing fields in the Hoosier State's high-tech industry are the computer systems design sector and the engineering services sector.

About Cigital
Cigital, Inc. is the leading software security consulting firm in the world. Established in 1992, Cigital plans and implements initiatives that help organizations ensure their applications are secure and reliable while also improving how they build and deploy software. Our recognized experts apply a combination of proven methodologies, tools, and best practices to meet each client's unique requirements. Cigital is headquartered outside Washington, D.C. with regional offices in the U.S., Europe, and India. For more information visit: www.cigital.com.

About IEDC
Created by Governor Mitch Daniels in 2005 to replace the former Department of Commerce, the Indiana Economic Development Corporation is governed by a 12-member board chaired by Governor Daniels. Dan Hasler serves as the chief executive officer of the IEDC.

The IEDC oversees programs enacted by the General Assembly including tax credits, workforce training grants and public infrastructure assistance. All tax credits are performance-based. Therefore, companies must first invest in Indiana through job creation or capital investment before incentives are paid. A company who does not meet its full projections only receives a percentage of the incentives proportional to its actual investment. For more information about IEDC, visit www.iedc.in.gov.

Multinational Packaging Firm Consolidating Operations to Terre Haute

2012-03-14T16:44:00.000+01:00

TERRE HAUTE, Ind. (March 8, 2012) - Bemis Company, Inc. (NYSE:BMS), a global supplier of flexible packaging and pressure sensitive materials, announced plans today to expand its operations here, creating up to 40 new jobs by 2013.

The Wisconsin-based company, which supplies products to customers in the food, consumer and medical industries, will invest $10.6 million to consolidate parts of its operations to its polyethylene packaging division in Terre Haute. Bemis will purchase and install new printing press equipment at its 1 million square-foot facility by the end of the year.

"With a world of options available, Bemis chose Indiana as the location to centralize its operations and more effectively run its business," said Dan Hasler, Secretary of Commerce and chief executive officer of the Indiana Economic Development Corporation. "This company has been an integral corporate citizen in the Indiana community for nearly 50 years and we're pleased to see Bemis continue to grow here."

Bemis, which currently has 778 full-time employees in Terre Haute, has already begun hiring new manufacturing associates.

"Bemis originally relocated to Terre Haute due to the central location in the country and the easy access to rail and interstate highways," said Timothy Sullivan, vice president of finance of Bemis' polyethylene packaging division. "In the past several years, the Terre Haute plant has seen improvements in efficiency, which made it an obvious choice to expand given the recent plant consolidation and volume balancing across the Bemis network of facilities."

In 1858, the company was established in St. Louis, Mo. as a manufacturer of machine sewn cotton bags for milled food and grain products. Bemis, which operates 80 facilities in 12 countries, constructed the Terre Haute facility in 1956 to produce polyethylene packaging.

The Indiana Economic Development Corporation offered Bemis Corporation up to $150,000 in conditional tax credits and up to $150,000 in training grants 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 Terre Haute City Council approved additional property tax abatement at the request of the Terre Haute Economic Development Corporation.

"Bemis is one of our area's largest manufacturers with nearly 800 associates at its Terre Haute facility," said Terre Haute Mayor Duke Bennett. "We are extremely grateful that Bemis has once again selected Terre Haute for additional investment in its polyethylene packaging business."

Bemis' expansion in Terre Haute represents the latest jobs announcement in Indiana's logistics industry. Just last week, Governor Mitch Daniels joined executives from MBC Group, a packaging and printed materials manufacturer, to announce the company's plans to expand its operations in Franklin County, investing $4.1 million and creating up to 101 new jobs by 2014.

About Bemis
Bemis Company is a major supplier of flexible packaging and pressure sensitive materials used by leading food, consumer products, and healthcare companies worldwide. Founded in 1858, the company is included in the S&P 500 index of stocks and reported 2011 net sales of $5.3 billion. The company's flexible packaging business has a strong technical base in polymer chemistry, film extrusion, coating and laminating, printing, and converting. Headquartered in Neenah, Wis., Bemis employs approximately 20,000 individuals worldwide. More information about the company is available at www.bemis.com.

About IEDC
Created by Governor Mitch Daniels in 2005 to replace the former Department of Commerce, the Indiana Economic Development Corporation is governed by a 12-member board chaired by Governor Daniels. Dan Hasler serves as the chief executive officer of the IEDC.

The IEDC oversees programs enacted by the General Assembly including tax credits, workforce training grants and public infrastructure assistance. All tax credits are performance-based. Therefore, companies must first invest in Indiana through job creation or capital investment before incentives are paid. A company who does not meet its full projections only receives a percentage of the incentives proportional to its actual investment. For more information about IEDC, visit www.iedc.in.gov.

Global Apparel Retailer to Invest In Distribution Operations in Putnam County, Create Jobs

2012-03-09T09:26:00.000+01:00

GREENCASTLE, Ind. (March 7, 2012) - Governor Mitch Daniels today joined executives from Charming Shoppes, Inc. (NASDAQ: CHRS), a retail apparel chain specializing in women's plus-size apparel, to announce the company's plans to invest in its distribution and logistics operations here, creating up to 135 new jobs by 2014.

"Indiana is proud to have earned this expansion in a logistics sector of which we have become a national leader," said Daniels.

Charming Shoppes' Indiana distribution center - locally known as "FB Distro" - services the apparel distribution needs of the company's Lane Bryant, Lane Bryant Outlet and Cacique retail stores. The company will make a multi-million dollar investment over the next two years to renovate and install new material handling equipment and warehouse management systems at FB Distro's existing 794,000 square-foot Greencastle facility. Once upgrades and renovations are complete, the facility will have the capacity to service up to 2,300 stores.

"We are extremely pleased to be working with the state of Indiana on our distribution operations project. Our decision to upgrade and expand our Indiana distribution facility provides the opportunity to maximize labor, inventory and transportation efficiencies," said Bryan Q. Eshelman, Charming Shoppes' executive vice president and chief supply chain officer.

Charming Shoppes' distribution center is located on a 123-acre campus in Greencastle. Originally constructed in 1954, the facility was purchased by Charming Shoppes in 1987. By March 1989, Charming Shoppes had completed upgrading the distribution center, expanded it to 420,000 square feet and shipped its first unit. Since opening its doors, FB Distro has shipped more than 1.5 billion units to its stores.

Over the years, the Greencastle distribution center has experienced significant growth, in both the size and technology of the facility and the number of associates employed. Today, the facility employs 195 associates and services more than 800 retail stores. In April, the company plans to transfer the distribution servicing of its 435 Catherines Plus Sizes stores from its Maryland distribution facility to the Greencastle location, bringing the total of stores serviced to approximately 1,200 stores.

The Indiana Economic Development Corporation offered FB Distro Distribution Center, LLC, a subsidiary of Charming Shoppes, Inc., up to $1,140,000 in conditional tax credits and up to $73,600 in training grants 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 Greencastle will consider additional property tax abatement at the request of the Greencastle/Putnam County Development Center, Inc.

"We are most excited that FB Distro has once again chosen to grow their operations here in Greencastle and Putnam County," said Greencastle Mayor Sue Murray. "FB Distro has been a great corporate citizen since first coming to the community in October of 1987. The announcement of this investment today represents the fourth expansion of their facility in the past 25 years. This is another example of how the great business climate in Greencastle is helping the community grow and prosper."

Charming Shoppes' distribution center staff members are actively engaged in supporting community events and organizations. In just the past six years, associates have donated $40,000 to local organizations through their participation and fundraising efforts. The facility has served as the distribution hub for the company's Keeping Kids Warm® program, which has donated nearly 200,000 new winter coats to children in need during the last 16 years.

About Charming Shoppes, Inc.
Charming Shoppes, Inc. operates nearly 1,900 retail stores in 48 states under the names LANE BRYANT®, CACIQUE®, LANE BRYANT OUTLET®, FASHION BUG®, FASHION BUG PLUS® and CATHERINES PLUS SIZES®. The Company also operates the Figi's family of brands, including the holiday food and gifts catalog Figi's® Gifts in Good Taste®, the home and gifts catalog Figi's® Gallery and its wholesale unit Figi's Business Services. For more information about Charming Shoppes and its brands, please visit www.charmingshoppes.com, www.lanebryant.com, www.cacique.com, www.fashionbug.com, www.catherines.com, www.loop18.com, www.figis.com and www.figisgallery.com.

About IEDC
Created by Governor Mitch Daniels in 2005 to replace the former Department of Commerce, the Indiana Economic Development Corporation is governed by a 12-member board chaired by Governor Daniels. Dan Hasler serves as the chief executive officer of the IEDC.

The IEDC oversees programs enacted by the General Assembly including tax credits, workforce training grants and public infrastructure assistance. All tax credits are performance-based. Therefore, companies must first invest in Indiana through job creation or capital investment before incentives are paid. A company who does not meet its full projections only receives a percentage of the incentives proportional to its actual investment. For more information about IEDC, visit www.iedc.in.gov.