Heartland Food Products Group Invests $21.2 Million To Expand Its Indianapolis, Indiana, Manufacturing Campus
04/14/2014
The expansions, which are all expected to be operational by the end of the year, include multiple new production lines, high speed filling machines, end-of-line packaging equipment and blending equipment. The company will also add resources at its headquarters in Carmel, Indiana, to meet the rampant growth in demand for its products.
“Central Indiana is where this business was founded,” said Ted Gelov, CEO of Heartland. “We are proud to be investing in the community in which we live, creating jobs and receiving the support of local and state officials. Indianapolis offers a strong local workforce, great logistical advantages and a manufacturing and technology infrastructure to fuel our growth.”
As an incentive, Indiana Economic Development Corporation offered Heartland Food Products Group up to $1.2 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. In addition, the city of Indianapolis will consider additional tax abatement at the request of Develop Indy, a business unit of the Indy Chamber.
This is Heartland’s second major expansion in just three years. In 2011, the company made plans to create 68 new jobs by 2015. Heartland, which currently employs approximately 300 full-time Indiana associates, has exceeded that goal, Indiana Economic Development Corporation said. The company is currently hiring for additional general manufacturing positions.
“If you are searching for the heartbeat of our Hoosier economy, look no further than Heartland and Indiana’s homegrown companies,” said Governor Mike Pence. “They are enhancing the vibrancy of Indiana, placing our state at the forefront of job creation in the United States. We are leading the charge in defining what it means to be an innovative state creating new opportunities for businesses, home to an affordable climate in a state that works.”
Project Announcements
Piramal Pharma Solutions Expands Lexington, Kentucky, Operations
10/04/2024
G&H Decoys Plans Corning, Arkansas, Headquarters-Manufacturing Operations
10/04/2024
Britain-Based Ultimate Defense Technologies Establishes Billings, Montana, Operations
10/04/2024
Google Plans Dorchester County, South Carolina, Data Center Operations
10/04/2024
Sirius Analysis Plans Virginia Beach, Virginia, Headquarters
10/04/2024
South Korea-Based ILJIN Plans Auburn, Alabama, Manufacturing Operations
10/04/2024
Most Read
-
Top States for Doing Business in 2024: A Continued Legacy of Excellence
Q3 2024
-
What the Latest EPA PFAS Rule Means for Site Due Diligence
Q3 2024
-
Cold Storage: The Next Big Thing in Industrial Real Estate
Q3 2024
-
2023 Top States for Doing Business Meet the Needs of Site Selectors
Q3 2023
-
The Challenge of Securing Sufficient Electrical Power for Battery Cell Plants
Q3 2024
-
2023's Leading Metro Locations: Hotspots of Economic Growth
Q4 2023
-
Semiconductors’ Fragile Relationship With Water May Be Tested
Q3 2024