Conco Establishes Scottsburg, Indiana, Operations
08/16/2023
The investment will include purchasing, renovating and equipping a 310,000-square-foot facility, enabling the company to increase production of ammunition containers and container related services, such as design, modification, prototyping and tech support, providing solutions for branches of United States Armed Forces. Operations are scheduled for 2024.
“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 Indiana Economic Development Corporation (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 offered additional incentives.
"Indiana's defense sector continues to grow, and we're excited to welcome Conco to our network of advanced manufacturers that are contributing to and supporting our nation's armed forces," noted Indiana Governor Eric J. Holcomb. "Conco's decision to locate in Scott County is a testament to the region's skilled workforce and vibrant communities, and the company's presence in southern Indiana will further advance new patriotic career opportunities for families for years to come." Conco, 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.
Project Announcements
Herr Foods Establishes Jackson, Ohio, Operations
05/17/2024
SRC of Lexington Expands Fayette County, Kentucky, Operations
05/17/2024
John Deere Expands Kernersville, North Carolina, Production Operations
05/17/2024
Japan-Based Asahi Kasei Plans Port Colborne, Ontario, EV Battery Operations
05/17/2024
Microsoft Establishes Mount Pleasant, Wisconsin, Data Center Operations
05/16/2024
BlueHalo Establishes Germantown, Maryland, Production Operations
05/16/2024
Most Read
-
2023's Leading Metro Locations: Hotspots of Economic Growth
Q4 2023
-
38th Annual Corporate Survey: Are Unrealized Predictions of an Economic Slump Leading Small to Mid-Size Companies to Put Off Expansion Plans?
Q1 2024
-
2023 Top States for Doing Business Meet the Needs of Site Selectors
Q3 2023
-
Making Hybrid More Human in 2024
Q1 2024
-
20th Annual Consultants Survey: Clients Prioritize Access to Skilled Labor, Responsive State & Local Government
Q1 2024
-
Manufacturing Momentum Is Building
Q1 2024
-
The Bring Your Own Energy (BYOE) Party Is Starting
Q2 2024