German-Based Solar Manufacturer, Solarzentrum North America, Relocates To Southeast Indiana
08/29/2012
The firm will relocate the manufacturing of its Combined Heat and Power PV-Therm modules from New Mexico to southeast Indiana. "I commend Solarzentrum for seeing Osgood's potential, and I am grateful for this employer's investment in Ripley County, said State Senator Johnny Nugent. "This latest jobs announcement helps confirm Southeast Indiana is becoming a prime destination for manufacturers looking to expand or relocate. From March 2011 to March 2012, our region saw an increase in manufacturing jobs, with more than 56,000 industrial workers now employed here.
"While this is certainly an encouraging sign, too many of our fellow community members are still unemployed or underemployed. Looking forward, state leaders must continue to encourage job creation by promoting a business-friendly atmosphere achieved through low-tax and pro-growth policies," he added.
Reinhard Peter, Solarzentrum North America Chief Executive Officer said, "We look forward to future expansion and partnerships within the community. The introduction of a PV-Therm Solar manufacturing presence in the SE of Indiana is extremely good news for our US customers..Starting a manufacturing facility closer to them, customers can now expect shorter lead times and an innovative US-Made-German-engineered solar product. This business model strategy of keeping manufacturing close to our customers worldwide is based on the success."
While Indiana officials have not announced a package of incentives to promote the firm's relocation, the state traditionally provides tax incentives and assistance with job training based on job creation.
Project Announcements
JDSAT Expands Fairfax County, Virginia, Operations
04/25/2024
Trussworks Mid-America Plans Jackson, Missouri, Manufacturing Operations
04/25/2024
Epic Flight Academy Establishes Hebron, Kentucky, Operations
04/25/2024
EPC-Columbia Expands Lebanon, Kentucky, Plastic Injection Molding Operations
04/25/2024
Daisy Brand Plans Boone, Iowa, Production Operations
04/22/2024
Canfor Expands Fulton, Alabama, Production Operations
04/22/2024
Most Read
-
2023's Leading Metro Locations: Hotspots of Economic Growth
Q4 2023
-
2023 Top States for Doing Business Meet the Needs of Site Selectors
Q3 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
-
Making Hybrid More Human in 2024
Q1 2024
-
Manufacturing Momentum Is Building
Q1 2024
-
20th Annual Consultants Survey: Clients Prioritize Access to Skilled Labor, Responsive State & Local Government
Q1 2024
-
Public-Private Partnerships Incentivize Industrial Development
Q1 2024