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
Hanwha Advanced Materials Plans Cartersville, Georgia, Manufacturing Plant
03/27/2023
Placid Refining,Baton Rouge,Port Allen, Louisiana
03/27/2023
Toyota Boshoku Tennessee Expands Jackson, Tennessee, Metal Stamping Facility
03/27/2023
South Korea-Based Dongwha Electrolyte USA Plans Clarksville, Tennessee, Production Plant
03/24/2023
Blue Buffalo Expands Richmond, Indiana, Production Complex
03/24/2023
Schrödinger Expands New York, New York, Research Operations
03/23/2023
Most Read
-
37th Annual Corporate Survey: Economic Pressures Exerting Greatest Effect on Decision-Makers
Q1 2023
-
19th Annual Consultants Survey: Clients Challenged by Tight Labor Market, Energy Availability
Q1 2023
-
The Top Investment Location Prospects for Aerospace Manufacturing
Q1 2023
-
2022 Top States for Doing Business Provide an Environment for Business Growth
Q3 2022
-
36th Annual Corporate Survey: Executives Focus on Labor, Energy, Shipping Costs
Q1 2022
-
How Are Economic Developers Partnering to Solve Workforce Challenges?
Q1 2023
-
Strategies to Overcome Intensifying Industrial Real Estate Challenges
Q1 2023