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Plastics Producer Investing $20M in Indiana

10/31/2008
TriEnda LLC, a producer of thermoformed plastic products, will invest more than $20 million to locate a manufacturing facility in Marion, Indiana, according to the Indiana governor's office. The company plans to create more than 340 new jobs, with hiring for machine operators, finishers, warehouse technicians, supervisors, and office staff scheduled to begin immediately. "The demand for our products continues to increase, and finding a location to site an additional production facility was essential to ensure we keep pace with the continued growth," says Curt Zamec, TriEnda's president and owner. "After conducting a nationwide search, we found the ideal location here in Marion and look forward to starting production soon." The Wisconsin-headquartered company will retool an existing facility and plans to begin operations there in December. Incentives offered to TriEnda include up to $1.85 million in performance-based tax credits and up to $130,000 in training grants contingent on job creation; the state will also provide a $325,000 grant to improve rail access to the site. The city will provide property tax abatements and facilitate lease hold improvements and equipment installation.

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