Promised investment in Jackson County was $106 million in 2021.
That was the fifth-highest total since Jackson County Industrial Development Corp. was created in 1984, said Jim Plump, who has been executive director since the beginning of the 501(c)(3) not-for-profit organization.
The highest was $177 million in 2013, followed by $175 million ... Read More
Category: Expansion
24
Aug2022
Jeffersonville, IN (August 16, 2022) – During Monday’s meeting of the River Ridge Development Authority (RRDA), the board of directors received an update on a $3 million grant awarded by the U.S. Department of Commerce’s Economic Development Administration (EDA). The EDA grant will fund a portion of the new 20-inch ... Read More
August 24, 2022katia
24
Aug2022
Columbus-based Cummins Inc. (NYSE: CMI) on August 3 announced the completion of its $3.7 billion acquisition of Meritor Inc. in Michigan. Meritor is a supplier of drivetrain, mobility, braking, aftermarket and electric powertrain products for the commercial vehicle and industrial markets.
The acquisition was first announced in February. Cummins says it ... Read More
August 24, 2022katia
24
Aug2022
The Columbus City Council has approved tax abatement requests for two companies involved in a single expansion project. The Republic reports the incentives will support the project totaling $7 million in investment and the addition of nearly a dozen jobs.
The expansion involves a facility at 1600 Brian Drive in Columbus ... Read More
August 24, 2022katia
28
Jul2022
In July, the City of Madison Redevelopment Commission entered into an Economic Development Agreement with Habitat for Humanity of Jefferson County to complete the infrastructure extension of Beech Grove Street.
This partnership will foster economic development and housing in Madison, and is another exciting step in accomplishing our economic growth and ... Read More
July 28, 2022katia
28
Jul2022
COLUMBUS, Ind. — Cummins Inc. has announced plans to collaborate with a Japanese heavy-equipment maker to develop zero-emission mining truck applications.
The Columbus-based company said it had signed a memorandum of understanding with Japan-based Komatsu that will initially focus on zero emissions technologies, including hydrogen fuel cell solutions for large mining haul truck applications.
“Komatsu’s deep expertise in mining and equipment design ... Read More
July 28, 2022katia
28
Jul2022
Plan Calls for 30 New, Full-Time Positions by the End of 2025
JEFFERSONVILLE, IND. (July 27, 2022) – Today, officials from One Southern Indiana (1si), the chamber of commerce and economic development organization for Clark and Floyd counties, Ind., announced Amatrol, Inc.’s interest in expanding operations at an adjacent location in the ... Read More
July 28, 2022katia
11
Jul2022
A company based in Montreal, Quebec has selected Seymour as the home for its expansion into the United States market.
MPL USA, Limited will establish production at 2230 D Avenue at Freeman Field, and representatives of the company attended the June 27 meeting of Seymour City Council to request tax abatement ... Read More
July 11, 2022katia
11
Jul2022
Two existing companies in Seymour, Indiana announced expansion plans that will result in over $30 million in new investment.
The Royal Group announced plans to invest $7 million in the expansion of the company’s East Side Park location as well as an additional $3 million in equipment that will allow the ... Read More
July 11, 2022katia
01
Jul2022
Reprinted from Inside Indiana Business, June 20, 2022
INDIANAPOLIS - The Indiana Economic Development Corp., in partnership with Conexus Indiana, announced the sixth round of awards totaling nearly $4 million in Manufacturing Readiness Grants. The IEDC says the grants are being awarded to 43 Indiana businesses, supporting more than $46 million ... Read More
July 1, 2022katia