G&H Wire Company Expands-Establishes Franklin, Indiana, Headquarters
The company will invest more than $3.3 million to establish its new, global headquarters at 40 Linville Way. The company will lease and equip a 55,000-square-foot facility to house corporate offices as well as manufacturing operations, which have outgrown the company’s current space in Johnson County. The new facility, which is expected to be fully operational by the end of the year, will allow the company to support its growth plans in both domestic and worldwide markets.
“Global companies like ours have many options when determining where to locate facilities," said G&H CEO John Voskuil. "This location decision was critical to continuing G&H’s success. After evaluating multiple options, we chose to relocate and expand a short distance from our existing facility. This decision was made because the city of Franklin and the state of Indiana provide G&H a very competitive business environment, a quality workforce and an excellent location for distribution of our products.”
The Indiana Economic Development Corporation (IEDC) offered the G&H Wire Company Inc. up to $1.8 million in conditional tax credits and up to $200,000 in conditional training grants based on the company’s job creation plans. These tax credits are performance-based, meaning the company is eligible to claim incentives once Hoosiers are hired. The city of Franklin approved additional incentives.
“Indiana has a rich tradition of strength in life sciences, ranking second in the U.S. for these critical exports like pharmaceuticals, medical devices and orthopedics," said Governor Eric J. Holcomb. "The state continues to provide a vibrant life sciences sector for innovative companies like G&H to not only create a foundation, but plan for and achieve future success."
Indiana is the second-largest exporter of life sciences products in the U.S., totaling more than $10.5 billion. More than 2,100 life science companies operate in Indiana, supporting 56,575 Hoosier jobs with average wages of more than $102,000 annually.
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