Abound Solar Invests $500M, Brings 850 Jobs to Tipton, Indiana
"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.
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