California-based PGP International Invests $17.2 In Indiana Processing Plant
PGP plans to construct and equip a 70,000 square-foot manufacturing and distribution facility in Vanderburgh Industrial Park, a state certified shovel ready site in Evansville. Construction on the site, which will expand the company's production capacity and capability for specialty food ingredients and additives, is expected to begin by the end of the year.
"Evansville was the perfect choice for our expansion," said Terry Doyle, vice president of operations at PGP International. "The site was selected from among dozens of Midwest locations due to the talented pool of highly skilled potential employees with manufacturing experience. We are happy to join local employers Toyota and Ameriqual in this hard-working community, and hoping to attract graduates of well-regarded courses in food science, manufacturing and engineering at nearby universities and colleges."
"PGP International's decision to locate its newest facility here is a victory for southwest Indiana," said Dan Hasler, Secretary of State and chief executive officer of the Indiana Economic Development Corporation. "Our low-tax, business friendly environment led this company to choose Indiana over other high tax states. Projects like this are highly competitive which is why we've worked hard to ensure our state stands out against the competition as the most attractive place for business."
The Indiana Economic Development Corporation offered PGP International, Inc. up to $320,000 in conditional tax credits and up to $105,000 in training grants based on the company's job creation plans. These tax credits are performance-based, meaning until Hoosiers are hired, the company is not eligible to claim incentives. Vanderburgh County approved additional property tax abatement at the request of the Growth Alliance for Greater Evansville.
Originally founded in the U.S., PGP International is the cereal and dairy specialties division of Associated British Foods, a diversified international food, ingredient and retail group.
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