GIM Establishes Scottsburg, Indiana, Operations
The company will build a new manufacturing campus on West Weir Road. GIM will revitalize the former Tokusen USA facility, renovating and equipping the existing buildings and investing to expand the footprint of the campus. Construction is currently scheduled for January 2023.
“This is an important strategic investment for GIM Inc.,” said Chris Gibbs, president of GIM Inc. “We are launching entry into a market to meet the increased demand for environmentally sound, time-saving solutions for infrastructure in the United States and beyond. The state of Indiana, the city of Scottsburg and One Southern Indiana have been fantastic partners, working hard to make this process a smooth one as we are choosing southern Indiana for our manufacturing footprint.”
Based on the company’s job creation plans, the Indiana Economic Development Corporation committed an investment in GIM Inc. of up to $1.9 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 approved additional incentives.
"Indiana's manufacturing industry continues to lead, advancing new technologies and innovations, another example of Indiana’s strong advanced manufacturing leadership and supportive business climate," noted Indiana Secretary of Commerce Brad Chambers. "GIM Inc.'s SPS solutions offer a more sustainable solution for our world's building and infrastructure needs, ensuring that our future is safe and environmentally friendly. We look forward to welcoming the company to Indiana and our robust manufacturing sector."
Louisville, Kentucky-based GIM Inc. is a network partner of SPS Technology, manufacturing its load-bearing structural composite panel that offers a high strength-to-weight ratio and extended fatigue life, making it an ideal replacement for concrete in bridges, parking garages, stadiums and arenas, heavy duty and clean room floor panels, and special applications such as threat protection. The company’s product lines also include agricultural, commercial and industrial building steel frames and educational facilities.
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