Sigma Packaging Invests $5.51 Million In Evansville, Indiana, Operations Center
The homegrown Hoosier-company will invest $5.51 million to purchase and equip a new 231,000 square-foot facility in Evansville. The facility, which will be fully operational by January, will enable the company to expand its office space and storage facilities, increase inventory and grow its online sales division.
“Evansville has proven to be a great business location over the past decade, and we’re excited to continue expanding operations here,” said Rob Palmer, President of Sigma Packaging. “Indiana’s central U.S. location, access to a talented and well-educated workforce, and strong support of small business has played a key role in accelerating our growth. We’re proud to call Indiana home and look forward to continuing our investment in the local community.”
Sigma Packaging, which currently employs 27 full-time Indiana associates, has already begun hiring for IT development, human resources, marketing, warehouse, ecommerce, purchasing, sales, and administrative positions.
The Indiana Economic Development Corporation offered Sigma Packaging, LLC, up to $350,000 in conditional tax credits based on the company's investment and 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 Evansville will consider additional incentives at the request of the Growth Alliance for Greater Evansville.
“Companies like Sigma Packaging find the full package in Indiana, complete with low taxes and regulations, a sturdy infrastructure and access to an elite workforce,” said Eric Doden, President of the Indiana Economic Development Corporation. "The success story of Indiana's economy is only possible when great companies and great business climates come together, creating more jobs for Hoosiers."
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