Jan 29, 2015 | Jackson County News & Info
Seymour City Council approves tax abatements for O&k
O&k American plans to expand and hire 12 new employees at its Seymour facility.
The announcement is part of the steel coil plant’s $2.7 million investment in new manufacturing equipment and $1 million investment in real property.
Council approved 10-year abatements for both investments during its regular meeting Monday evening.
Jim Plump, executive director of the Jackson County Industrial Development Corp., said the company expected to begin the expansion next month and finish by year end.
O&k vice president Chris White said plans called for a 30,000 square foot building expansion connecting the company’s facilities on Bateman Drive in the East Side Industrial Park.
White said the company was pleased with the council’s devotion to economic investment. “We’re very appreciative of the effort of the council,” he said.
He said Seymour was supportive of O&k’s community efforts, including bringing in high school students to encourage manufacturing careers.
Source: The Jackson County Banner, 1/29/15
Jan 23, 2015 | Jackson County News & Info
PLAINFIELD, Ind. – The Duke Energy Foundation has awarded a $12,500 grant to the Jackson County Industrial Development Corporation to develop a three-year strategic plan.
The plan will include interviews with key business and community stakeholders and will compare the organization with other similar Midwest industrial and economic development groups. Officials expect to complete the project by mid-2015.
“This new plan will be our roadmap for the future of economic development in Jackson County,” said Jim Plump, executive director of the JCIDC. “We appreciate Duke Energy’s support for this project.”
“Duke Energy has a long history of helping the communities we serve identify and develop new and expanding business opportunities,” said Chip Orben, Duke Energy Indiana community relations manager for Jackson County. “We look forward to partnering with the JCIDC on this important initiative.”
In Indiana, the Duke Energy Foundation makes charitable grants of nearly $2 million annually to support the environment, economic development, education and community vitality.
Duke Energy Indiana’s operations provide about 7,500 megawatts of owned electric capacity to approximately 800,000 customers in a 23,000-square-mile service area, making it the state’s largest electric supplier. More information about the company is available at: www.duke-energy.com.
Jan 3, 2015 | Jackson County News & Info
Jim Plump is optimistic about Jackson County’s economy heading into the New Year.
Plump, executive director of Jackson County Industrial Development Corporation, said the county is coming off a strong 2014.
Plump said last year’s promised investment – which is what companies tell the corporation they plan to invest – was $174.8 million. Plump said it was a strong number, even though it was shy of 2013’s record setting $177.1 million.
The promised investment for 2014 included 15 projects and created 294 new jobs while retaining 4,600 jobs.
“We’re truly blessed with tremendous industries who continually invest to create new jobs and it bodes well for the future,” said Plump.
Plump said 2015 is already off to a great start after Valeo Lighting Systems announced a $10.8 million project that will create 18 new jobs.
The Jackson County Banner, 01/01/2015
Nov 12, 2014 | Jackson County News & Info
Golden Endeavors, a subsidiary of Columbus Container, will double the size of a Seymour facility it leases for warehousing and logistics.
The company announced a $4 million investment to add 100,000 square feet to a building at 2209 Killion Ave. in East Side Industrial Park.
Council members unanimously approved a 10-year abatement on the project, which allows Gold Endeavors to phase in paying property taxes on the investment over the 10-year period.
The investment is not expected to create any jobs immediately but could increase local employment for any companies that lease the space.
Construction is scheduled to be completed November 2015.
The Tribune, Nov. 12, 2014
Oct 30, 2014 | Jackson County News & Info
The Seymour City Council approved a 10-year abatement for Kremers Urban for real property during a meeting Monday evening.
The abatement is for a new $6 million 116,000 square foot facility that will connect to the southeast corner of the existing building. Wilhelm Construction will construct the facility.
Jim Plump, executive director of Jackson County Industrial Development Corporation, said the area will serve as a logistics center for the pharmaceutical company.
“It’s critical for their continued growth,” he said. “It will free up space within their current facility for more manufacturing to allow them to use this as a logistics center.”
Rich Archer of Kremers Urban said the company will plan to add jobs in the near future.
“We’ve got some other projects coming shortly, and we’ll be back here with some job-creation numbers,” he said.
Source: The Jackson County Banner, 10/30/14
Sep 17, 2014 | Jackson County News & Info
Seymour Tubing plans to hire 22 pas part of a previously-announced $2.4 million expansion.
For the 3rd time in a month, a local industry has planned new jobs for Jackson County, Indiana.
Seymour Tubing, Inc. announced plans Wednesday (Aug. 20) to add 22 jobs by 2015 as part of their $2.4 million expansion of its facility at the East Side Industrial Park.
The automotive steel tubing company’s news is the latest in a string of new investment locally.
Earlier this month, Aisin Chemical Indiana said it would hire 100 new employees by 2017 after breaking ground on a 100,000 square foot facility in Crothersville, IN.
Aisin Drivetrain (also in Crothersville) announced it had hiring and expansion plans.
In July, Oregon-based Trellis Earth Products, Inc. projected employing 61 people in Seymour, IN by year’s end, and expects to add additional employees in later phases of the project.
All of those projects signal positive news for Jackson County’s economy, said Jim Plump, executive director of the Jackson County Industrial Development Corporation. “It’s just a continuation of what we have seen in the last couple years,” he said.
Seymour Tubing said it would bring in new high-speed cutting equipment and additional processing by December. The company has already doubled a goal set in 2012 to create 18 new jobs by this year.
Source: The Jackson County Banner, 8/26/14
