Miller Pipeline, a company specializing in pipeline installation, will invest $5.3 million to expand its Indianapolis, Indiana headquarters, creating up to 48 new jobs by 2016.
The company, a wholly-owned subsidiary of Indiana-based Vectren Corporation that specializes in the installation of natural gas, water and sewer system underground pipelines, will construct and equip its new facility to support its operations nationwide on its 34-acre Indianapolis campus. The 52,000 square-foot facility, which will be fully operational by 2014, will house maintenance and fabrication shops, material handling and shipping areas, a training center and administrative support offices.
“We decided to expand our Indianapolis headquarters to reflect the developments we are seeing within the shale gas and infrastructure pipeline replacement markets,” said Doug Banning, chief executive officer of Miller Pipeline. “Indiana has been a great place to do business, and we look forward to our continued growth, job creation and being a good community partner.”
With six facilities in Indiana and operations in 21 other states, the company serves local natural gas and oil distributors as well as water and wastewater municipalities across the country. The company, which currently has 125 full-time employees at its Indianapolis headquarters, 600 employees in Indiana and more than 3,000 employees nationally, plans to begin hiring new associates in Indianapolis later this year.
“In Indiana we are focused on building a healthy and sustainable business environment based on low taxes and fiscal stability,” said Eric Doden, president of the Indiana Economic Development Corporation. “The Hoosier State is proud that Miller Pipeline has chosen Indianapolis as a fixture in its long-term business plans, and we look forward to watching them continue to grow in the years to come.”
As an incentive the Indiana Economic Development Corporation offered Miller Pipeline up to $200,000 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 Indianapolis approved additional tax abatement at the request of Develop Indy, a business unit of the Indy Chamber.