Musical Instrument Manufacturer, Fox Products, Invests $2.3 Million To Expand Its South Whitley, Indiana, Manufacturing Plant
05/07/2014
The new equipment, most which will be installed by December, will allow the company to better serve a growing domestic and international customer base with its line of bassoons, contra bassoons, oboes and English horns. Fox Products, which currently employs approximately 120 full-time Indiana associates, plans to begin hiring in October.
“Fox Products is very fortunate to be located in South Whitley, where there is a great rural work ethic and an extremely supportive state and local government,” said Tony Starkey, President of Fox Products. “Local and state economic development leaders are constantly engaged and work well with businesses to position them for success.”
Founded in 1949, Fox Products manufactures double reed woodwind instruments for musicians around the world. Selling more than 2,300 instruments annually, the company distributes its product through an extensive dealer network. With the expansion, Fox has a goal of increasing production to more than 3,100 instruments annually by 2017.
“From the honk of a car horn to the low tones of a Fox Products bassoon, Hoosier companies are singing Indiana’s tune as the best place to build the world’s products,” said Eric Doden, President of the Indiana Economic Development Corporation. “From its top tax climate to its consistently balanced budgets, Indiana’s business climate is in perfect harmony with what companies need to grow. And with Hoosiers’ innovative design and careful craftsmanship, Indiana companies like Fox Products are reaching a crescendo here in a state that works.”
The Indiana Economic Development Corporation offered Fox Products up to $140,000 in conditional tax credits and up to $40,000 in training grants 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. Whitley County approved additional incentives at the request of the Whitley County EDC.
“The Whitley County Commissioners and Council are pleased to support the expansion of long-time employer Fox Products in our community,” said George Schrumpf, Chairman of the Whitley County Commissioners. “This announcement demonstrates once again how Whitley County companies perform at a high level on a world stage.”
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