North Central Cooperative, Inc. plans to invest $8.27 million to expand its operations in Mentone, Indiana, creating up to 15 new jobs by 2016. The company will renovate and equip two buildings at its approximately 80-acre crop service center. Adding more than 18,000 square feet of production and office space, NCC’s growth will enable it to centralize and expand its services, providing better efficiencies for its customers.
“When undertaking a project such as this, organizations like NCC have choices,” said Rob Zeldenrust, Senior Agronomy Manager at NCC. “In the end, our expansion in Mentone made the most sense given our needs as a business coupled with the support we received from state and local officials. We’re glad to be growing in Indiana!”
“Indiana knows agriculture. To cultivate agricultural business, it takes a strong business environment planting the seeds for growth,” said Eric Doden, President of the Indiana Economic Development Corporation. “Here in Indiana, we are proud to offer an experienced workforce and low-tax policies, which continue to make Indiana a state that works for agribusiness.” NCC, which currently has more than 250 full-time employees in Indiana, plans to begin hiring in Mentone by the end of the year.
The Indiana Economic Development Corporation offered North Central Cooperative, Inc. up to $115,000 in conditional tax credits and up to $60,000 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. Kosciusko County will consider additional incentives at the request of the Kosciusko Economic Development Corporation.
“North Central Co-Op has been a long time member of our agri-business community,” said Bob Conely, commissioner of Kosciusko County. “Kosciusko County is proud to have been chosen as the site for their expanded farm service center. This is an important development for the Burket-Mentone area and the county is committed to provide the infrastructure needed for this growing business.”