Nice-Pak Expands Production Plant in Mooresville, Indiana
The company, which last year announced plans to create 90 new jobs in the coming years, now plans to reach 150 new, full-time hires by the end of 2024. Nice-Pak is also increasing its planned construction, investing $165 million to construct a 1.2 million-square-foot facility, up from its planned 760,000-square-foot facility, which will house its manufacturing and distribution operations.
The new complex will be located at the intersection of Merriman Road and Bethel Road, five miles from Nice-Pak's existing 147,000-square-foot facility, which will remain as part of the company’s overall footprint, located at 1 Nice Pak Road. Construction of the new location is slated to begin March 2021, with a target occupation date in May 2022.
"Our new investment in Mooresville is an important milestone in our mission of helping the world stay healthy and well,” said Robert Julius, chairman and CEO of Nice-Pak. "We could not think of a better partner than the Mooresville community in our ongoing efforts to meet the increasing demand for wipes, essential products in helping to protect against COVID-19.”
The company continues to respond to the unprecedented need for wipes, essential products in combating the COVID-19 pandemic.
“This agreement was made possible with the help of some terrific partners,” said Matt Litchfield, site director of Nice-Pak’s Indiana operations. “Special thanks to Andrew B. Morris, SIOR of CBRE, who has been instrumental in identifying and securing the location, and Steve Brunson with McGuire Sponsel, who served as an important conduit to the IEDC and local redevelopment commission.”
The IEDC extended a revised offer to Nice-Pak of up to $1.4 million in conditional tax credits and up to $200,000 in conditional training grants based on the company’s plans to create up to 150 new jobs. The IEDC also offered up to $900,000 in conditional tax credits from the Hoosier Business Investment (HBI) tax credit program based on the company’s planned capital investment in Indiana. These tax credits are performance-based, meaning the company is eligible to claim incentives once Hoosiers are hired. The town of Mooresville supports the project.
"Nice-Pak manufactures products that are critical in our fight against COVID-19, and we couldn't be happier to support their Indiana expansion," said Governor Eric J. Holcomb. "The company's commitment to sustainability and corporate social responsibility is admirable, and we're grateful they have chosen to grow their Mooresville campus and create 150 new career opportunities for Hoosiers."
In December 2019, Nice-Pak announced plans to invest significantly over the next few years and create up to 90 new jobs. After the company had hired 15 toward its goal of 90 new jobs, the Indiana Economic Development Corporation (IEDC) revised its offer and incentive agreement to accommodate the company’s planned growth due to increased demand for its products amid the COVID-19 pandemic.
Nice-Pak and its sister company, PDI, employ approximately 2,850 associates in the U.S., United Kingdom and Germany, including more than 500 associates at its Mooresville operation. The company, which has hired 15 associates toward its new goal of 150, is hiring for a variety of positions at its current location.
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