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.
Most Read
-
-
What’s Driving Record Industrial Real Estate Demand
Q1 2021
-
2020 Top States for Doing Business Showcase Their Pro-Business Environments
Q3 2020
-
17th Annual Consultants Survey: Consultants Are Optimistic About the Year Ahead
Q1 2021
-
2020 Gold & Silver Shovel Awards Recognize State and Local Economic Development Efforts
Q2 2020
-
Regional Report: Southeast Ports Expand Capacity
Q1 2021
-
Trends in Office and Industrial Parks
Q4 2020