As part of their 2020-announced expansion project, Cummins officials appeared before Seymour City Council on March 22 to request tax abatement on nearly $18 million of new investment in 2021.
Darren Kimmel, plant manager of the Cummins Seymour Engine Plant, said the company will invest $8.8 million in personal property as ... Read More
Category: Expansion
26
Feb2021
Columbus-based Cummins Inc (NYSE: CMI) and Isuzu Motors Ltd. have agreed to a global mid-range diesel powertrain agreement. The companies originally announced the partnership in 2019 and now are marking another step in the Isuzu Cummins Powertrain Partnership to develop new diesel and alternative powertrains for global distribution.
The agreement calls ... Read More
February 26, 2021katia
26
Feb2021
Company Looks to Grow Operations and Workforce
Representatives of One Southern Indiana (1si), working in support of the Scott County Economic Development Corporation, and Multi-Color Corporation, a label printing company located at 2281 South U.S. Highway 31, Scottsburg, appeared before the Scottsburg City Council on Monday, February 8, 2021, to ask ... Read More
February 26, 2021katia
26
Feb2021
Representatives of One Southern Indiana (1si), working in partnership with the River Ridge Development Authority and J. Knipper and Company, Inc. (Knipper), recently announced the expansion of the current Knipper distribution center at 1250 Patrol Road. The expansion of this facility will consist of an additional 150,000-square-foot of space, including ... Read More
February 26, 2021katia
01
Feb2021
The Columbus City Council approved two separate tax abatement applications at Tuesday night’s meeting. Applied Laboratories, Inc. has received a tax abatement on an investment of $2,400,000 for new manufacturing equipment. Back in 2017, the Council granted them a real and personal property tax abatement for the expansion of one ... Read More
February 1, 2021katia
01
Feb2021
Construction is complete on the steel frame of the first office building at the River Ridge Commerce Center’s Gateway Office and Research Campus in Jeffersonville. The River Ridge Development Authority says Gateway Office One remains on schedule and is expected to be complete by the fall.
Louisville-based Hollenbach-Oakley is developing the ... Read More
February 1, 2021katia
29
Jan2021
Reprinted from the Seymour Tribune
A local steel tubing manufacturer has targeted an 8.8-acre site at Freeman Field Industrial Park as a possible site for an expansion.
Thormax Enterprises LLC is looking to build a 20,000-square-foot building in the 1000 block of Second Avenue in Seymour.
To move to Freeman Field, Thormax must ... Read More
January 29, 2021katia
29
Jan2021
Company Estimates Potential Hiring of 55 People at Four Times the Floyd County Average Wage
Representatives of One Southern Indiana (1si), the chamber of commerce and economic development organization for Clark and Floyd counties, and IQPack, LLC, a packaging and supply-chain solutions company based in New Albany, Ind., appeared before the ... Read More
January 29, 2021katia
29
Dec2020
Valeo North America announced plans for major growth of its Seymour location during a meeting of the Seymour City Council on December 14.
In its request for tax abatement, the company revealed plans to invest over $35 million in new equipment to support its business growth. In addition, the new investment ... Read More
December 29, 2020katia
02
Nov2020
A local subsidiary for international company Nikkei MC Aluminum is receiving a tax abatement on an investment of $6.1 million into new equipment and facility expansion.
On October 20, 2020, the City of Columbus City Council approved a 10-year tax abatement for Nikkei MC Aluminum America, Inc. According to a memorandum ... Read More
November 2, 2020katia