Sep 3, 2014 | Jackson County News & Info
JLM Pharmatech in Seymour, IN has new equipment, an expanded facility and soon will have a new name, but the good news doesn’t stop there.
Continued growth is expected throughout the rest of this year and beyond, company officials said Tuesday, and as of next week, the Seymour plant will be known as PD Pharmatech.
In 2011, Particle Dynamics Holdings of St. Louis quietly purchased JLM Pharmatech, a small locally owned pharmaceutical packaging and supply company. PD Holdings was founded in 2010 to develop and globally market special-ingredient product lines for the pharmaceutical industry and other markets.
Since buying JLM, the new owners have invested nearly $10 million in state-of-the-art equipment at the East Side Industrial Park plant, including a 10-story-tall spray dryer. The specialty equipment is used to produce a dry powder ingredient from liquid by rapidly drying it with hot gas.
For more information, click here: http://indianaeconomicdigest.net/main.asp?Search=1&ArticleID=76212&SectionID=31&SubSectionID=189&S=1.
Source: Indiana Economic Digest, 9/4/14
Aug 6, 2014 | Jackson County News & Info
Media Advisory – August 6, 2014
Governor Pence joined Aisin executives and others on Wednesday morning for the groundbreaking ceremony for Aisin Chemical Indiana’s new transmission component plant in Crothersville, Indiana.
In May, Aisin Chemical Indiana (ACIN) and Aisin Drivetrain (ADI) announced plans to invest a combined $45.35 million in Crothersville and create up to 74 new jobs by 2016.
As part of the project, ACIN will construct and equip a 100,000 square foot transmission component plant adjacent to its current facility doubling its size at the Crothersville Industrial Park. Construction will start this month with plans to begin operations next to produce friction disc plates.
Jul 29, 2014 | Jackson County News & Info
At the Seymour City Council meeting Monday night, July 28, 2014, representatives from Trellis Earth announced they had acquired the assets of bio-plastics company Cereplast, Inc., and were ready to restart the manufacturing facility with an improved business plan.
Trellis Earth, based in Wilsonville, Ore., acquired the assets of Cereplast including production equipment, patents, inventory and trademarks as part of Chapter 7 liquidation proceedings, and plan to move into the building formerly occupied by Cereplast.
“We have long wanted to mark our products as ‘Made in the U.S.A.’,” said Mike Senzaki, Trellis Earth CEO. “The acquisition of this factory will enable to us to quickly become the pre-eminent American supplier of bioplastic food service disposables.”
Trellis Earth is a 7-year old company with over 500 customers in the food service industry including Kroger, Trader Joe’s, and Wegmans. Key products provided include bio-based cutlery, food containers, and shopping bags.
“Trellis Earth will find an ideal environment in Indiana for bringing manufacturing home to the United States,” said Victor Smith, Indiana Secretary of Commerce. “There’s a reason why Indiana leads the nation in manufacturing job growth. Indiana provides growing companies like Trellis Earth with an affordable business climate, a central Midwest location and a skilled team of Hoosiers ready to prove why Indiana is a state that works.”
On Monday, July 28, Seymour City Council approved transfer of tax abatement previously awarded to Cereplast, and granted additional abatement for new investment of $2,407,000 in equipment. Council also approved an ECLIPSE (Economic Loan Incentive Program of Seymour) loan that was recommended by the Seymour Redevelopment Commission.
The Indiana Economic Development Corporation also has offered Trellis Earth Products, Inc. up to $1,100,000 in conditional tax credits and up to $50,000 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.
Trellis Earth is a privately held company targeting $8.5 million in revenue for 2015, with the 105,000 square foot facility at the East Side Park having existing annual bioplastic manufacturing capacity to produce materials worth over $50 million.
Press release from Jackson County Industrial Development Corporation, Seymour-Jackson County, IN
About Jackson County Industrial Development Corporation
Jackson County Industrial Development Corporation (JCIDC) was formed as a public/private partnership charged with raising the local standard of living and improving the area tax base by attracting quality employers and assisting with the expansion and competitiveness of local industries.
Since its inception in July, 1984, JCIDC has worked to serve the industrial base in Seymour-Jackson County and investors in the organization to encourage business growth through attraction and retention, and promotes a business friendly environment. Plus, the JCIDC Workforce Partnership teams with local education providers to improve the workforce.
Jun 4, 2014 | Jackson County News & Info
New industrial investments continue for Seymour-Jackson County, Indiana for 2014.
At the Tuesday, June 3rd, meeting of the Seymour Common Council, two new industrial investments were announced, and tax abatements were requested, and approved, for the projects.
Cummins Inc. will invest $68.1 million in personal property and real estate improvements, and add 44 new jobs as part of their ongoing expansion at Seymour Engine Plant.
Excel Manufacturing plans to invest $1.5 million in manufacturing equipment and add 4 new jobs to support a new business opportunity, company vice president and owner Brent Kilgas said.
“As the economic climate has improved, we have been receiving new orders from our customer base,” Kilgas said. “Recently we were awarded a new program that requires a significant investment in additional manufacturing equipment. Our plan is to purchase (computer numerical control) machines and supporting equipment to expand our present capacity to meet the demand for this new job.”
The Cummins-Seymour Engine Plant project includes construction of a 150,000 square foot office building. The building could house up to 500 workers when completed next year.
“This is a continuation of all the investment Cummins has been making in Seymour the past 4 to 5 years,” said Jackson County Industrial Development Corporation executive director Jim Plump.
Jun 3, 2014 | Jackson County News & Info
Public auction of a 127,680 square foot industrial building with 6.479 acres of industrially-zoned land in Seymour’s Freeman Field Industrial Park.
Thursday, June 19, 2014
2:00 p.m. (EDT)
2200 D Avenue East, Seymour, IN
For complete information visit http://www.keyauctioneers.com/auction-detail/?id=229417 or call 855-353-1100
May 15, 2014 | Jackson County News & Info
A Seymour, Indiana pharmaceutical packaging company and an auto parts maker plan to increase production and hire more workers.
JLM Pharmatech and Aisin USA, both located in the East Side Industrial Park, are requesting 10-year tax abatement on investment projects totaling more than $10 million.
JLM Pharmatech will invest in new production equipment and building expansion. The project will help create 8 new jobs adding to the 28 currently employed.
Aisin USA will add new production equipment at Plant #1 that will allow production of door frames, seat adjusters and other components destined for use in the Lexus ES and RX330 models. Plant #1 currently employes 1,190 and the investment will lead to creation of 33 new jobs. At Plant #2, new investment will be spent on new production molding equipment and will add 3 new jobs to the current workforce of 346.
May 2014
