Conco Expands Scottsburg, Indiana, Manufacturing Operations
11/14/2024
The investment will include the renovating and equipping of a 310,000-square-foot facility which will increase the company’s production of ammunition containers and container related services, such as design, modification, prototyping and tech support.
“We are excited to join the southern Indiana region with our new facility in Scottsburg,” said Karen Paschal, president and CEO of Conco. “When looking at locations, the former Tokusen USA space was a perfect fit for what we needed to expand, and we look forward to working with the state of Indiana, the city of Scottsburg, and its residents to create additional growth for the region.”
Based on the company’s job creation plans, the IEDC committed an investment in Conco of up to $1.925 million in the form of incentive-based tax credits. These tax credits are performance-based, meaning the company is eligible to claim incentives once Hoosiers are hired. The city of Scottsburg is also offering a five-year personal property tax abatement and 10-year real property tax abatement.
Conco is a full-time, full-service supplier of ammunition containers and container-related services. The company has served as a supplier to the United States Armed Forces since 1967 and is currently the prime contract container supplier for several U.S. Army ammunition programs.
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