Heartland Food Products Group Plans $26 Million Expansion At Its Indianapolis, Indiana, Production Hub
Heartland will invest approximately $26 million to increase production capacity at its Indianapolis facility. In August, the Carmel-headquartered company announced plans to acquire the Splenda low calorie sweetener brand from McNeil Nutritionals LLC, a subsidiary of Johnson & Johnson Consumer Inc. Significant work on the expansion is expected to commence during the first quarter of 2016.
The company, which also has production and distribution operations in the Netherlands, currently employs 450 associates in Indiana. Last year, Heartland announced plans to create up to 160 new jobs by the end of 2017, and is exceeding its goals as the company anticipates meeting the prior job commitment next year. This expansion, in addition to the company's originally-planned 160 new jobs, will create jobs across Heartland’s Indianapolis manufacturing plant, distribution center and Carmel corporate office.
“Acquiring the Splenda brand business not only fits well within our strategy to offer the very best tasting products to sweeten foods and beverages without adding calories, but the acquisition also creates new jobs and career opportunities supporting economic growth within our community,” said Ted Gelov, Chairman/CEO at Heartland.
As an incentive, Indiana Economic Development Corporation offered TC Heartland (dba Heartland Food Products Group) up to $1,750,000 in conditional tax credits and up to $150,000 in training grants based on the company’s job creation plans. These incentives are performance-based, meaning until Hoosiers are hired, the company is not eligible to claim incentives. The city of Carmel supports the project and the city of Indianapolis will conffoodsider additional incentives at the request of Develop Indy, a business unit of the Indy Chamber.
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