Peer Foods Group Invests $5.5 Million In Cumberland, Indiana Processing Facility
03/13/2013
The Chicago, Illinois-headquartered company will purchase and equip a 33,000 square-foot plant in Cumberland. The new facility, which is expected to be operational this summer, will provide additional capacity for its fully cooked gourmet sausage and hot dog production lines. Peer Foods, which currently has more than 240 full-time employees at its two Indiana locations, has already begun hiring additional manufacturing, production, packaging and support associates in Cumberland.
Founded in 1867, Peer Foods specializes in cooking, smoking and roasting pork, beef, chicken and turkey for distribution. The company operates a distribution facility in Indianapolis and production facility in Columbus. “The state of Indiana has fostered a good business climate with a hard working and dedicated work force,” said Larry O’Connell, president of Peer Foods. “We look forward to the continued success here as we continue to grow and provide the best products for our customers.”
“As we are seeing time and time again, companies are choosing to grow in the Hoosier State thanks to our low-cost of doing business and talented workforce,” said Governor Mike Pence. “We are proud that Peer Foods has selected Indiana for its new investment and we will continue to work hard to create an environment that allows its business to thrive.”
The Indiana Economic Development Corporation offered Peer Foods Group, Inc. up to $400,000 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, Hancock County approved additional property tax abatement at the request of the Hancock County Economic Development Council.
“We are pleased and excited to have Peer Foods as a member of our community,” said Joe Siefker, vice president of the Cumberland Town Council and member of the Hancock County Economic Development Council. “The jobs they will provide and the revenue they will generate for the local community and the utilities is the culmination of the work we on the Cumberland Town Council and the Hancock Economic Development Council do to make Hancock County a great place to live and work.”
Project Announcements
ValorFlex Packaging Plans Bowling Green, Kentucky, Production Operations
06/30/2025
Neuro.io Plans Terrebonne Parish, Louisiana, Operations
06/30/2025
Germany-Based MTU Maintenance Expands Fort Worth, Texas, MRO Operations
06/30/2025
Cascade Die Casting Group Expands High Point, North Carolina, Manufacturing Operations
06/30/2025
BuildOps Plans Raleigh, North Carolina, Operations
06/30/2025
Point Blank Enterprises Plans Wakulla County, Florida, Operations
06/30/2025
Most Read
-
20th Annual Area Development Gold and Silver Shovel Awards
Q2 2025
-
First Person: Joe Capes, CEO, LiquidStack
Q2 2025
-
The Legal Limits of DEI in Incentives Agreements, Hiring, and Contracting
Q2 2025
-
From Silicon to Server: Mapping the Data Center Supply Chain
Q2 2025
-
39th Annual Corporate & 21st Annual Consultants Surveys: What Business Leaders and Consultants Are Saying About Site Selection
Q1 2025
-
Rethinking Life Sciences Site Selection in a Resilient and Dynamic Market
Q2 2025
-
Top States for Doing Business in 2024: A Continued Legacy of Excellence
Q3 2024