Abound Solar Invests $500M, Brings 850 Jobs to Tipton, Indiana
07/06/2010
"State and local representatives from Indiana were particularly instrumental in our efforts to finalize plans for this state-of-the-art facility and create high-paying jobs for Hoosier workers," said Steve Abely, Abound's CFO. "We are excited about the opportunity to make America a global driver of renewable, affordable and abundant solar energy."
The Indiana Economic Development Corporation has extended up to $11.85 million in tax credits and $250,000 in training grants to Abound. Tipton County has also approved incentives such as tax abatement.
The company plans to hire engineers, technicians, and production associates once renovations begin.
Project Announcements
Huber Engineered Woods Plans Shuqualak, Mississippi, Manufacturing Plant
06/09/2023
Gaffney Bakery Plans Gaffney, South Carolina, Frozen Bakery Products Plant
06/09/2023
Itron Establishes West Union, South Carolina, Center Of Excellence
06/09/2023
Devele Establishes Butte, Montana, Manufacturing Plant
06/09/2023
Manner Polymers Plans Mount Vernon, Illinois, Manufacturing Plant
06/09/2023
Purolite Establishes Landenberg, Pennsylvania, Global Biologics Division
06/08/2023
Most Read
-
EV and Semiconductor Projects Stand Out in States Receiving Area Development’s 18th Annual Shovel Awards
Q2 2023
-
37th Annual Corporate Survey: Economic Pressures Exerting Greatest Effect on Decision-Makers
Q1 2023
-
Is a Flurry of Fads Shaping Economic Development Policy?
Q2 2023
-
Front Line: Water Supply Increasingly Affecting Location Decisions
Q2 2023
-
Life Science Conversions in Real Estate
Q2 2023
-
Nearshoring — North America’s Next Factory
Q2 2023
-
First Person: Labor Crunch in the Construction Industry
Q2 2023