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Let's take a look at recent Advanced Manufacturing wins for the Indianapolis region.

We can tell you the Indianapolis region is a great place for advanced manufacturing all day, but we know what you really want! You want to understand why other businesses in this sector chose Indy as their only home or a great expanstion location. 

 

 

BDX-Indiana - Westfield - October 2019


BDX-Indiana, a sister company to Indianapolis-based Biodynamic Ventures in Indiana, will create more than 40 jobs with the opening of a hemp-extraction facility in Westfield. Over the next three years, the company intends to invest $24.5 million on equipment for the facility. Jobs will consist of equipment operators, administrators, and scientists.  According to the City of Westfield, the average salary will be around $70,000.

The Westfield City Council has already approved a five-year personal property tax abatement for the company. The abatement only requires the company to hire 25 employees, but BDX-Indiana officials said they expect employment well beyond that number.

CraftMark Bakery LLC - Indianapolis - October 2019


Indianapolis-based CraftMark Bakery LLC, who invested more than $56 million to expand in 2017, will invest $25 million to further expand operations at its facility near the Indianapolis Airport. $5 million will be used to convert a warehouse into production space, and the remaining $20 million will be spent on new equipment. The company, which is the baked goods supplier for more than 70,000 restaurants in North America, expects to hire 50 employees as part of this recent expansion project.

Craftmark is seeking two separate seven-year tax abatements as it aims to add 20,000-square-foot to its pre-baked cookie production area as it looks to take on a larger chunk of the national market. The company said the incentives will help it hire 50 workers making average pay of $19.06 per hour and retain 396 workers making average pay of $24.90 per hour.

Greenleaf Foods, SPC - Shelbyville - April 2019


Greenleaf Foods SPC, a manufacturer of plant-based burgers, sausages, hot dogs and other vegetarian meat alternatives, announced plans to build a $310 million production facility in Shelbyville. By the time the plant is fully operational in 2021, the company will employ 460 people. The future 230,000-square-foot plant will occupy a 57-acre site near the intersection of Interstate 74 and State Road 44.

The Indiana Economic Development Corp. said it offered Greenleaf Foods up to $5 million in conditional tax credits and $1 million in training grants, based on the job-creation plans. The IEDC also offered up to $1.25 million to the community from the Industrial Development Grant Fund to support infrastructure improvements at the new site

CraftMark Bakery LLC - Indianapolis - December 2017


Indianapolis-based CraftMark Bakery LLC, will invest more than $56 million to expand its current facility and add nearly 120 jobs. The project comes just months after CraftMark completed a $16.5 million investment in a new production line at the facility.

The bakery says the new investment will also retain 278 current positions. CraftMark says the new jobs will pay an average wage of $18.58 per hour, while the retained jobs will pay an average wage of $24.90 per hour. CraftMark is requesting tax abatements it says would save the company $3.7 million over 10 years. The city of Indianapolis supports this project.

Bastian Solutions - Westfield - October 2017


Bastian Solutions, a global systems integrator and consulting firm that was recently acquired by Toyota Advanced Logistics, announced plans to build a new manufacturing center in Westfield, creating up to 87 new, high-wage jobs by 2020. The company, which provides material handling and robotic automation for large scale product distribution, will invest more than $8 million to construct a 90,000-square-foot manufacturing center.

The Indiana Economic Development Corporation offered Bastian Solutions LLC up to $1,000,000 in conditional tax credits and up to $88,750 in training grants based on the company’s job creation plans. The city of Westfield supports this project.

Fukai Toyotetsu Indiana Corporation (FTIC) - Boone County - June 2017


Fukai Toyotetsu Indiana Corporation (FTIC), an automotive supplier, announced plans to expand its operations in Indiana, creating up to 103 new jobs by 2020. The company will invest $56.9 million to double the company’s current 125,000-square-foot facility to 250,000 square feet.

The Indiana Economic Development Corporation (IEDC) offered FTIC up to $900,000 in conditional tax credits and up to $200,000 in training grants based on the company’s job creation plans. Boone County will consider additional incentives.

Beijing West Industries, Co. Ltd. (BWI) - Hancock County - April 2017


BeijingWest Industries, Co. Ltd. (BWI), a premier chassis supplier that designs and manufactures brake and suspension systems for the global automotive market, announced plans to locate its first U.S. production facility in Indiana, creating up to 441 new, high-wage jobs by 2021. The Beijing-headquartered company will invest more than $80 million to build and equip a new 276,514- square-foot manufacturing facility in Greenfield's Progress Park.

The Indiana Economic Development Corporation (IEDC) offered BWI North America Inc up to $4,550,000 in conditional tax credits and up to $200,000 in training grants based on the company's job creation plans. The city of Greenfield supports this project.

Stratosphere Quality - Fishers - April 2017


Stratosphere Quality, a global provider of quality assurance and outsourcing solutions to manufacturers, announced plans to expand its headquarters in Hamilton County, creating up to 250 new jobs by 2020. The company will invest $3.7 million to update its 46,000-square-foot headquarters in Fishers.

The Indiana Economic Development Corporation (IEDC) offered Stratosphere Quality LLC up to $800,000 in conditional tax credits and up to $200,000 in training grants based on the company’s job creation plans. The City of Fishers supports the project.

NTK Precision Axle Corporation - Madison County - March 2017


NTK Precision Axle Corporation (NTK), a global automotive supplier, announced the company’s plans to expand in Indiana, establishing a new manufacturing facility in Anderson that will create nearly 200 new jobs over the next five years. The Japan-based company will invest more than $100 million to build and equip a new 300,000-square-foot manufacturing facility in Anderson.

The Indiana Economic Development Corporation offered NTK Precision Axle Corporation up to $1,000,000 in conditional tax credits based on the company's plans to create 140 jobs by 2020. The city of Anderson will consider additional incentives.