Conco Establishes Scottsburg, Indiana, Operations
08/16/2023
The investment will include purchasing, renovating and equipping a 310,000-square-foot facility, enabling the company to increase production of ammunition containers and container related services, such as design, modification, prototyping and tech support, providing solutions for branches of United States Armed Forces. Operations are scheduled for 2024.
“We are excited to join the southern Indiana region with our new facility in Scottsburg,” said Karen Paschal, president and CEO of Conco. “When looking at locations, the former Tokusen USA space was a perfect fit for what we needed to expand, and we look forward to working with the state of Indiana, the city of Scottsburg, and its residents to create additional growth for the region.”
Based on the company’s job creation plans, the Indiana Economic Development Corporation (IEDC) committed an investment in Conco of up to $1.925 million in the form of incentive-based tax credits. These tax credits are performance-based, meaning the company is eligible to claim incentives once Hoosiers are hired. The city of Scottsburg offered additional incentives.
"Indiana's defense sector continues to grow, and we're excited to welcome Conco to our network of advanced manufacturers that are contributing to and supporting our nation's armed forces," noted Indiana Governor Eric J. Holcomb. "Conco's decision to locate in Scott County is a testament to the region's skilled workforce and vibrant communities, and the company's presence in southern Indiana will further advance new patriotic career opportunities for families for years to come." Conco, a full-time, full-service supplier of ammunition containers and container-related services. The company has served as a supplier to the United States Armed Forces since 1967 and is currently the prime contract container supplier for several U.S. Army ammunition programs.
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