John Morrell Food Group Invests $43.5 Million To Establish Greenfield, Indiana, Distribution Center
02/11/2015
The company will invest $43.5 million to build and equip a meat products distribution center, scheduled to begin operations by the end of this year. John Morrell, an independent operating company of Smithfield Foods, has 17 manufacturing facility across the country, including a plant in Peru, Indiana.
“We’re looking forward to beginning operations in our state-of-the-art facility in Hancock County, Indiana later this year and becoming active in that community,” said Scott Saunders, CFO of John Morrell. “Both John Morrell and our parent company, Smithfield Foods, are strong believers in being good neighbors and giving back to the communities where we live, work and raise our families.”
As an incentive, Indiana Economic Development Corporation offered John Morrell & Company up to $1.5 million 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. The IEDC will also provide the community with up to $250,000 in infrastructure assistance from the state's Industrial Development Grant Fund. Hancock County approved additional tax abatements at the request of the Hancock Economic Development Council.
“John Morrell’s newest hub for logistics is coming to the Crossroads of America,” said Governor Mike Pence. “Indiana’s central U.S. location and expansive logistics network, with thousands of railway miles and more pass-through interstates than any other state in the nation, makes Indiana the ideal base for companies like John Morrell that serve customers across the country.”
“We are thrilled that John Morrell chose the Hancock County, Indiana site for their refrigerated facility in the Access 70 Business Park,” said Bill Bolander, President of the Hancock County Council. “John Morrell is a 180 year old company specializing in meats, including pork, ham and bacon products. This project became a reality because of the efforts of the board and team of the Hancock Economic Development Council.”
Project Announcements
Kikkoman Foods Plans Jefferson, Wisconsin, Operations
04/26/2024
BWX Technologies Expands Cambridge, Ontario, Nuclear Production Operations
04/26/2024
Greenheck Group Plans Knoxville, Tennessee, Operations
04/26/2024
Local Bounti Plans Pasco, Washington, Indoor Agricultural Operations
04/26/2024
Innovative Construction Group Plans Siler City, North Carolina, Production Operations
04/26/2024
Crystal Window and Door Systems Plans Mansfield, Texas, Headquarters-Production Operations
04/25/2024
Most Read
-
2023's Leading Metro Locations: Hotspots of Economic Growth
Q4 2023
-
2023 Top States for Doing Business Meet the Needs of Site Selectors
Q3 2023
-
38th Annual Corporate Survey: Are Unrealized Predictions of an Economic Slump Leading Small to Mid-Size Companies to Put Off Expansion Plans?
Q1 2024
-
Making Hybrid More Human in 2024
Q1 2024
-
Manufacturing Momentum Is Building
Q1 2024
-
20th Annual Consultants Survey: Clients Prioritize Access to Skilled Labor, Responsive State & Local Government
Q1 2024
-
Public-Private Partnerships Incentivize Industrial Development
Q1 2024