Carl Buddig & Company Invests $3.7 Million To Relocate Lunchmeat Processing Facility To Munster, Indiana
11/26/2013
Buddig produces vacuum packed, pre-weighed portioned packages of lunch meats including turkey, chicken, ham and beef. As the fifth largest selling sliced lunchmeat brand, the company supplies grocery retailers and foodservice operators in Indiana, as well as across the United States and Canada.
The company will invest $3.7 million to lease and refurbish the 65,000 square-foot former Dawn Foods facility at 215 45th Ave. in Munster. The facility, which is expected to begin operations in March, will enable the company to increase its available warehouse and dock space, growing capacity for added production lines across the company. Buddig currently employs more than 1,000 associates nationally with its subsidiary Old Wisconsin Sausage.
"Moving into the new Munster facility was an easy decision for the company," said Dan Wynn, Chief Operating Officer of Buddig. "Finding a food grade facility within 10 miles from the plant was a major factor in the decision. Also, since the Dawn facility was partially refrigerated, the company was able to reduce the investment needed to refrigerate the entire facility. Last, lower real estate tax rates and an overall more affordable cost of doing business definitely created an attractive financial proposition."
"Illinois companies are on the move--to Indiana," said Victor Smith, Indiana Secretary of Commerce. "From Buddig to recent announcements from firms like MAC Medical and Tec Air, Illinois companies continue to discover that our low taxes, limited regulations, growing infrastructure and skilled workforce make Indiana a state that works for business. Welcome to Indiana, Buddig, and may you enjoy many years of growth and job creation here in the Hoosier State."
The Indiana Economic Development Corporation offered Carl Buddig and Company up to $300,000 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. In addition, the city of Munster approved additional incentives.
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