A company that manufactures off-highway equipment, CNH Parts & Service, will invest $13.3 million to expand its Boone County manufacturing center in Lebanon, Indiana, Business Park. The company will lease and equip a 153,000 square-foot facility, with plans to create up to 100 jobs.
"This new processing center will significantly enhance and expand the overall capabilities of our North American parts operations," said Scott Harris, vice president of CNH Parts & Service for North America. "Its mission is to provide new and highly specialized services that will help our dealers grow their parts sales, even in the most highly competitive segments of our business."
Gov. Mike Pence said; “The Hoosier State’s agricultural success is directly tied to our economic success. With our low-tax, business-friendly climate continuing to draw investment and new jobs to one of our state’s most vital industries, Indiana is a state that works for agriculture.”
As an incentive The Indiana Economic Development Corporation provided CNH America up to $650,000 in conditional tax credits and up to $100,000 in training grants based on the company’s job creation plans. In addition the city of Lebanon approved additional tax abatement at the request of the Boone County Economic Development Corporation.