Land O’Frost, Inc., which produces pre-sliced, pre-packaged lunch meats and specialty sausage products, plans to invest $6.4 million to relocate its headquarters from Lansing, Illnois to a 25,000 square foot facility in Munster, Indiana.
The company plans to move its corporate headquarters to a three acre-campus in Lake County, Indiana, and create up to 50 new jobs by 2014. Land O’Frost currently employs 40 at its headquarters, and will begin to transition its headquarters staff to the new Indiana facility after construction is completed.
“Our success over the past ten years, coupled with our future plans, led us to the conclusion we needed to explore options for a new headquarters facility,” said David VanEekeren, president and chief executive officer of Land O’Frost. “Our new state-of-the art headquarters in Munster will provide us not only with the room to support our continued growth, but also allow us to create an environment that fosters stronger employee collaboration. The new headquarters will support our research and development initiatives and helps us continue to attract and retain top talent.”
“Businesses continue to discover the many advantages Indiana has over our neighbors, especially when they know that our state and property taxes are going to stay low,” said Indiana Gov. Mitch Daniels. “Land O’Frost has tremendous future growth potential and today is just the beginning of what we hope will be a productive relationship.”
Land O’Frost has more than 1,100 manufacturing employees at its four production plants, located in four facilities in; Lansing, Ill., Madisonville, Ky., Searcy, Ark. and West Point, Neb. Moving their headquarters to Munster, Indiana might be a prelude to moving one of these manufacturing facilities or maybe add a new one, Indiana Economic Development officials added.
As an incentive Indiana Economic Development Corporation offered Land O’Frost, Inc. up to $750,000 in performance-based tax credits. In addition, The Northwest Indiana Regional Development Authority will support the project through its Deal Closing Fund. The town of Munster is also offering funds using revenues generated from the issuance of a tax increment financing bond.
“Land O’Frost is exactly the type of company that Munster is reaching out to locate in Munster,” said Dave Nellans, president of the Munster Town Council. “They are a well established growing company that will bring professional employees in to the community. Their corporate headquarters will be an important part of our business community. They have a reputation of being outstanding corporate citizens.”