Germany-Based HALDRUP USA Plans $13 Million Manufacturing Center In Ossian, Indiana
The Germany-based company will build a new 24,000 square-foot facility at the Ossian Industrial Park, comprised of 4,000 square feet of offices and light storage and a 20,000 square-foot manufacturing floor. With plans to begin operations immediately in a leased location nearby and break ground this month on its first U.S. operations center, the company plans to increase its U.S. production to match the scope of its European operations within the next five to seven years. ”Ultimately, we chose Indiana because of its low tax climate and pro-business policies,” said Phillip Stoller, Vice President of HALDRUP USA “We also think the state’s emphasis on creating healthy families is an investment in creating productive employees.” HALDRUP, which currently employs approximately 167 associates worldwide, has already begun hiring for sales, clerical, field service, technical service, engineering, manufacturing and logistics positions in Indiana.
As an incentive, Indiana Economic Development Corporation offered HALDRUP USA up to $645,000 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. Wells County and the Ossian Redevelopment Corporation will consider additional incentives at the request of Wells County Economic Development.
Founded in 1972, HALDRUP designs custom field research equipment. With equipment designed from the ground up, the company’s systems keep grain together during the threshing process for small plots, aiding universities, agribusinesses and independent service providers in agricultural research. Following German design and American manufacturing processes, the company is targeting to have all HALDRUP field research equipment sold in the U.S., Canada and South America built in Indiana within the next five years.
“HALDRUP's joining our community is excellent news for Ossian and all of Wells County,” said Brad Pursley, President of the Ossian Town Council. “This is exactly what can happen when Ossian, Wells County, the Northeast Indiana Regional Partnership and the state of Indiana join forces to attract this new industry!”
“Another German investment in Indiana means our economy is growing and more jobs are coming to the Hoosier State,” said Governor Mike Pence. “German companies like HALDRUP thrive here because our workforce is a lot like the German workforce—hardworking and skilled in manufacturing. Add in Indiana’s strategic Midwest location and affordable cost of doing business, and German companies find what they need to thrive in Indiana.”
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