Multi-Color Corporation Invests $13 Million To Expand Its Scottsburg, Indiana, Manufacturing Center
The Batavia, Ohio-based company will invest $13 million to equip and retool its 120,500 square-foot manufacturing plant in Scottsburg. With improvements to existing manufacturing lines scheduled through the end of 2017, the company plans to increase operating efficiency and expand production volume.
“Indiana and the city of Scottsburg have always been strategic partners of Multi-Color’s,” said Lesha Spahr, Global Vice President of Human Resources at Multi-Color. “Our continued investment in our Scottsburg facility is a result of our committed workforce, strong customer base and historical performance.”
As an incentive, Indiana Economic Development Corporation offered Multi-Color Corporation up to $1,000,000 in conditional tax credits and up to $200,000 in training grants 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 Scottsburg approved additional incentives at the request of the Scott County Economic Development Corporation.
Multi-Color, which currently has about 3,350 associates worldwide, including approximately 220 full-time Indiana employees, has already begun hiring for manufacturing, administrative and supervisory positions. Founded in 1916, Multi-Color produces labels for consumer products, helping companies around the world build their brands in the home and personal care, food and beverage, wine and shirt and specialty markets.
“Global brands around the world proudly display Hoosier-produced labels from Multi-Color,” said Governor Mike Pence. “Multi-Color’s decision to expand in Indiana reinforces our reputation that ours is a state that works. From our Hoosier workforce skilled in manufacturing to a central U.S. location never too far from a customer or supplier, Indiana helps companies like Multi-Color grow.”
Trends in Office and Industrial Parks
“Made in America” Executive Order to Affect International Companies and FDI
34th Annual Corporate Survey & the 16th Annual Consultants Survey
2020 Gold & Silver Shovel Awards Recognize State and Local Economic Development Efforts
Another Look at Rural Economies
2019 Leading Metro Locations: Pacific and South-Atlantic Metros Dominate the List