Illini Hi-Reach, Inc. Relocates Corporate Headquarters To Crown Point, Indiana
The company will invest $13.6 million to construct and equip a 30,000 square-foot facility at 520 E. 110th St. in Crown Point. The facility, which will start construction next week and begin operations by November, will allow the company to better serve construction, industrial and commercial segments in northwest Indiana, as well as expand into new markets across Indiana and Michigan.
“After considerable research and deliberation, Illini’s board of directors chose Crown Point, Indiana as the new corporate headquarters for our company and its long-term expansion plans,” said Larry Workman, President of Illini Hi-Reach. “Indiana’s overall economic health and its positive business environment is an excellent fit for our company. Additionally, Crown Point is an ideal location for our new state-of-the-art service and support facility, our largest to date, for these same reasons, as well as its proximity to our other existing markets that we have enjoyed much success over the past 20 years.”
Founded in 1993, Illini Hi-Reach offers a rental fleet of aerial work platforms and material handling equipment for construction projects in the Chicago and northwest Indiana regions. The company provides next day service for clients, with nearly 1,000 total rental units available, including scissor lifts, boom lifts and telehandlers. Illini Hi-Reach has been a factory-authorized JLG parts and service center for 10 years. Illini Hi-Reach, which currently employs approximately 30 full-time associates, plans to begin hiring managerial and sales staff, service representatives, trucking personnel and marketing professionals in November.
“Headquarters thrive here because Indiana has built the optimum business environment for their growth and success,” said Victor Smith, Indiana Secretary of Commerce. “With our central location and robust transportation network, customers and clients are never too far away. Add in our low tax and limited regulatory environment, and it is clear why Indiana is a state that works for Illini Hi-Reach and companies across the world looking to gain a competitive advantage.”
As an incentive, Indiana Economic Development Corporation offered Illini Hi-Reach, Inc. up to $115,000 in conditional tax credits 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 Crown Point will consider additional incentives.
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