Anne Keller headshot

Long-Standing One Southern Indiana Employee Wins Inaugural Economic Development Award

by with No Comment 1si News1si Press ReleaseEconomic Development

Anne Keller, Sr. Director of Business Development, won the Excellence in Local Economic Development award. 

New Albany, IN. (December 13, 2024) 

Anne Keller headshotOne Southern Indiana (1si) is proud to share that Anne Keller, Senior Director of Business Development, has received the inaugural Excellence in Local Economic Development award, presented by the Indiana Economic Development Corporation (IEDC), in honor of her hard work and dedication throughout the state of Indiana.  

Keller, who has been with 1si for over eleven years, works exclusively to provide detailed and critical information to site selectors and vendors to match them with site opportunities in Southern Indiana. Her work has helped bring projects such as Conco, Inc., Meta, and Canadian Solar to the region. In addition to working with site selectors and vendors, Anne is part of several committees and organizations, including the 1si Pearls of Wisdom committee, the 1si Economic Development Council, and serves as the Treasurer for the South Central Indiana Economic Development group. 

The IEDC Excellence in Local Economic Development award, a statewide recognition, is an honor given to an individual who has shown great initiative in business attraction efforts in the state of Indiana. The inaugural award was presented at the Indiana Economic Development Association’s (IEDA) Annual Conference in Indianapolis, Indiana.  

“Anne Keller is a vital part of 1si and the Southern Indiana region,” said Lance Allison, president and CEO of 1si. “Anne continues to be instrumental in bringing projects to Clark, Floyd, and Scott County, and her dedication to business attraction is shown with the quality of work and projects. We are excited for Anne and this phenomenal accomplishment!”  

About One Southern Indiana  
One Southern Indiana (1si) was formed in July of 2006 as the economic development organization and chamber of commerce serving Clark and Floyd counties. 1si’s mission is to help businesses innovate and thrive in the Southern Indiana / Louisville metro area via the three pillars of Business Resources, Economic Development, and Advocacy. For more information on One Southern Indiana, visit www.1si.org.   

  
Ellinor Smith, Content Marketing and Media Relations Manager  

EllinorS@1si.org  | 812-945-0266  

Nonprofit Spotlight | Kaiser Home Support Services

by with No Comment Nonprofit Spotlight

Kaiser Home Support Services
2633 Grant Line Rd.
New Albany, IN  47150
Phone:  812-945-6868
www.kaisersupport.org
Contact Person:  Tonya Hollins, Director of Operations

Agency Mission Statement or Description:

Year established: 1981

Counties/regions serviced: Floyd, Clark, Harrison, Scott, Washington

Focus areas: KHSS provides in-home and community services that help each of our clients get the most out of life every day.  We perform those services at a consistently high level so clients can be assured that they will be in good hands.

Our services are personalized for the needs of each client and his or her family.  We always begin with an in-home assessment to help us understand the specific needs of each client.

Impact in community: KHSS is proud to offer caregiving services in many surrounding counties of Southern Indiana.  KHSS is available to our clients every day of the year any time of day they feel they need.  Coverage is available through multiple Indiana Medicaid Programs. 

How 1si members can help your organization:  Any advertising is so helpful! As you know, staffing continues to be an issue but getting our name out in the community would be a great help! We appreciate all you do at 1si.

Additional information:

We pride ourselves in the care we provide to each and every client we serve. They are and will always be our utmost importance. We also believe in equipping our staff with as much training as necessary for them to become a successful caregiver to our clients.

Empowering Southern Indiana: Caesars Foundation of Floyd County Supports Three Businesses with Loans

by with No Comment 1si News1si Press Release

The loan recipients are all local to Southern Indiana and range from custom perfumes to activity and entertainment  

[NEW ALBANY, IN.] One Southern Indiana (1si) and Caesars Foundation of Floyd County are thrilled to announce three new Caesars Foundation of Floyd County Small Business Revolving Loan Fund recipients. The loan assists private businesses in expanding operations and increasing or retaining employees. Businesses must be located or plan to locate in Floyd County. The recipients include Sukhino Express Wellness, The Slice Pizza and Golf, and Vetiver Aromatics. 

Sukhino Express Wellness is Southern Indiana’s first float center and halotherapy center. They are delighted to offer additional wellness services to the New Albany and Southern Indiana communities! With the help of the Caesars Foundation, they are looking forward to expanding their services with a new satellite location at 137 E. Market St., New Albany, IN. The expansion includes infrared sauna, red light therapy, massage chairs, and vibroacoustic sound therapy. They hope that their second location will be a peaceful oasis in the heart of downtown New Albany.  

The Slice Pizza and Golf, with the help of the Caesar Foundation, is able to make their dream of opening a family business in Georgetown possible. Their location off exit 118 on I-64 in Georgetown, IN, will feature approximately 100 indoor seats and 30 outdoor seats, including a full bar and golf suite in a party room. The business is co-owned by Levi Donaldson and Michael Wrege, who both currently work at the Union Restaurant and Game Yard. Levi is involved with the Union Restaurant and Game Yard, and Michael is the General Manager. The Slice is excited to bring pizza, golf, and entertainment to friends, family, and neighbors.  

Vetiver Aromatics has been operational since 2013, specializes in supplies for artisan perfume-making. The company is planning to expand by opening a physical retail space to enhance its service offerings, including custom perfume design and educational workshops. Vetiver Aromatics provides the ingredients, supplies, and information needed to make your own perfume. They sell the highest quality perfume ingredients and supplies and are one of the few U.S. retailers of perfumer’s alcohol. 

“The Caesars Foundation is thrilled to offer loans from the Small Business Revolving Loan Fund to three local businesses,” said Executive Director, Tyler Bliss. “The Caesars Foundation encourages economic development in Floyd County, and small businesses are the heart of our community. We look forward to watching these businesses grow.” 

“One Southern Indiana is excited to see additional growth in the community,” said President and CEO, Lance Allison. “Rachael, our Small Business Navigator, is an excellent resource for small businesses looking to grow and succeed in Floyd County. We thank the Caesar’s Foundation for their continued support of entrepreneurial endeavors in our region.” 

Loan amounts range from $5,000 to $50,000 with a maximum interest rate less than the prime rate of interest. Maximum terms of loans are 10 years for land and building loans, five years for equipment loans, and two years for working capital loans. For more information, contact Rachael Armstrong at One Southern Indiana at (812) 206-9021 or RachaelA@1si.org. 

About the Caesars Foundation of Floyd County 

The Caesars Foundation of Floyd County is a private foundation created to benefit the Floyd County community. The Foundation’s philanthropic focus traditionally falls into the categories of grant-making to charitable non-profit organizations, educational scholarships, and program-related investments that encourage economic development. For more, visit www.caesarsfoundationfc.org.  

About One Southern Indiana

One Southern Indiana was formed in July of 2006 as the economic development organization and chamber of commerce serving Clark and Floyd counties. 1si’s mission is to provide the connections, resources, and services that help businesses innovate and thrive in the Southern Indiana / Louisville metro area. For more, visit 1si.org.

For Additional Information:
Tyler Bliss | Executive Director 
Caesars Foundation of Floyd County | 812-945-4332  
Tyler@ceasarsfoundationfc.org  

Rachael Armstrong | Small Business Navigator 
ISBDC | (812) 206-9021|  RachaelA@1si.org 

Ellinor Smith | Content Marketing and Media Relations Manager 
|One Southern Indiana | (812) 945-0266 | ellinors@1si.org 

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2024 ONCE Awards Winners

by with No Comment 1si News

Congratulations to the following winners of the One Southern Indiana 2024 ONCE Awards.

One Southern Indiana (1si), the chamber of commerce and state recognized local economic development organization for Clark, Floyd, and Scott counties, Ind., is proud to celebrate the winners of the 2024 ONCE Awards. This event honors excellent businesses and business professionals from Southern Indiana and the Louisville Metro area.

Finalists for the ONCE Awards are chosen by a panel of judges on a variety of metrics. In addition, 1si members vote online for their favorite, which accounts for 10 percent of the score. Ten of Southern Indiana’s and metro Louisville’s ‘best and brightest’ companies and individuals were honored on Thursday, November 14, at Caesars Southern Indiana in Elizabeth, Ind.

German American Bank Business of the Year Award ( 51 or more employees )

C & M Smith Restaurants dba Taco Bell

C&M Smith Restaurants Inc. was founded in 1988 by Clinton Smith, Sr after working for Taco Bell Corporate from 1980-1987. Clinton started the company with capital provided by a small business loan and a partner in his brother Mike Smith, who is in the car service business. They were partners up until Clinton, Sr. bought out Mike in 2000. The restaurant company is now owned by partners Clinton Smith, Jr. and Chris Smith, who run the day-to-day operations of the company. The company currently operates 27 locations in Southern Indiana and Kentucky, employing 900 people. Their corporate office is in New Albany, Indiana.

Cherry Bekaert Business of the Year Award ( 50 or Fewer Employees )

LL&A Interior Design

 

LLL&A Interior Design is a premier, full-service interior design firm known for its comprehensive expertise in transforming spaces across various sectors. Specializing in everything from residential to commercial projects, LL&A Interior Design offers a wide array of services including corporate environments, healthcare facilities, hospitality spaces, outdoor areas, certified commercial and real estate staging, online design, and AirBnB design, among others.

Ivy Tech Community College Jerrol Miles DE&I Initiative Award

Global Payments, Inc.

Global Payments Inc. (NYSE: GPN) is a leading payments technology company delivering innovative software and services to customers globally. Their technologies, services and team member expertise allow them to provide a broad range of solutions that enable their customers (from small and midsize merchants to large financial institutions) to operate their businesses more efficiently across a variety of channels around the world. Headquartered in Georgia with approximately 27,000 team members worldwide, Global Payments is a Fortune 500® company and a member of the S&P 500 with worldwide reach spanning North America, Europe, Asia Pacific and Latin America.

Harding Shymanski & Company, P.S.C. Manufacturer of the Year

ERL, Inc.

Since 1970, ERL has been guided by a devotion to timeless principles and the relentless pursuit of leading-edge technology. Their continued commitment to keeping our nation’s waterways safe by manufacturing quality products, tireless service, and exceptional customer relations have made them the leader in the marine equipment industry in America.

ERL not only prioritizes exceptional products and solutions, but they also understand the importance of recruiting and retaining skilled employees. Their emphasis on their company culture demonstrates that employees are the key to ERL’s 54 years of success.

Centra Credit Union Nonprofit Program Award

Personal Counseling Services, Inc. Azari Program

Personal Counseling Services, (PCS) Inc, an outpatient, non-profit, 501 (c) 3, mental health organization, established in 1959.

Over the past sixty-five (65) years, the PCS multi-disciplinary, professional counseling staff has provided over 629,000 hours of individual, couple, family and intensive outpatient group therapy, served 520,000 children, youths and adults, music therapy, in addition to medication management, addiction therapy and psychological testing services. Today, they serve seventeen counties in Indiana and four counties in Kentucky. This impressive record of service ranks PCS as one of the region’s leading providers of mental health and faith-based services.

The Azari Program is a therapy program that works with first responders, dispatchers, their family members and veterans to process the stressors and trauma that has invaded their day-to-day life.

SoIN Tourism Rising Star Award

Poppin’ Flavors Gourmet Popcorn

Born and bred in the bustling hub of Jeffersonville, Indiana in 2020, Poppin’ Flavors Gourmet Popcorn is not your average popcorn peeps – they’re on a mission to blow your mind and your taste buds! As a proud black family-owned and operated business, they’re all about taking your taste buds on a wild ride.

Axiom Financial Strategies Group James W. Robinson Young Professional of the Year Award

Christopher Jackson
Dan Cristiani Excavating Co., Inc.

Chris Jackson has over two decades of experience in land development, municipal utility, and infrastructure construction. He is involved in all aspects as well as the planning, permitting, development, and construction of 1,000+ acres of active privately-owned and managed land development projects in Clark, Floyd, Harrison, and Scott Counties in Indiana.

Under Chris’s leadership, Dan Cristiani Excavating has experienced continuous growth, with an annual increase of no less than 10 percent. The company has also expanded its workforce, adding approximately 100 positions since 2014, reflecting both DC’s success and the commitment to creating local jobs.

Duke Energy Kevin Hammersmith Community Leader of the Year Award

Kelley Troutman
Kaiser Home Support Services, and Liberty Place

Kelley Troutman serves as the Executive Director of Kaiser Home Support Services, where she oversees comprehensive support services aimed at improving the quality of life for individuals requiring home-based personal care. She is also a co-founder of Liberty Place which provides support services and a transitional living space for Veterans. In her role, Kelley is responsible for strategic leadership, operational management,and ensuring the delivery of high-quality services to clients and residents.

Kightlinger & Gray, LLP Sam Day Professional of the Year Award

Roza Segoviano
Executive Chef/Co-Owner VIVA! Hospitality Group

Roza is the Executive Chef behind a collection of six southern Indiana restaurants which she co-owns with her husband, Juan. VIVA! Hospitality Group encompasses the beloved and popular dining spots Senor Iguanas Restaurantes Mexicanos, La Catrina Mexican Kitchen, La Catrina Tacos & Tequila and Sleepy Rooster Morning Kitchen.

NWSB Chairman’s Legacy Award

Jerry Finn
Retired, Caesars Foundation of Floyd County

Jerry is the former Executive Director of the Caesars Foundation of Floyd County. He holds two undergraduate degrees from Indiana University and a Masters in Theological Studies from the St. Meinrad School of Theology. He is currently involved with the Friends of the Town Clock Church and the Rotary Club of New Albany.

Jerry’s former involvement includes co-chair of the Southern Indiana Mentoring Partnership, the Metro United Way Advisory Council, the Donors Forum of Kentuckiana, The New Albany-Floyd County Education Foundation, Vice President of Keep New Albany Clean and Green, the Youth Philanthropy Initiative of Indiana, the Governor’s Bi-State Bridge Authority for Louisville and Indiana, One Southern Indiana Board of Directors, and a medical corpsman in the Indiana National Guard and captain in the US Army Reserve.

Over the last several years, Jerry has also mentored several students within the New Albany-Floyd County School system.

A father of four and grandfather of seven, Jerry and his wife, Jill, live in Starlight, Indiana in his family’s ancestorial 1839 homeplace.

Thank you to our Sponsors!

PLATINUM SPONSORS

Axiom Financial Strategies Group
Centra Credit Union
Cherry Bekaert
Duke Energy
Harding Shymanski & Company, P.S.C.
German American Bank
Ivy Tech Community College
Kightlinger & Gray, LLP
NWSB
SoIN Tourism

GOLD SPONSOR

First Harrison Bank

SILVER SPONSORS

L & D Mail Masters, Inc.
Nu-Yale
PayFWDs
Sounds Unlimited Productions

Economic Update | Growth versus Inflation – a match shaping up for 2025

by with No Comment Economic Development

submitted by
Uric Dufrene, Ph.D., Sanders Chair in Business, Indiana University Southeast

Will the economy cause the Fed to slow rate cuts?  The probability of another Fed rate cut in December has come down from upwards of 80% to about 66%. As we move into 2025, the pace of cuts is expected to slow, counter to expectations at the advent of the rate-cutting cycle.  There are two primary reasons for the expected slowing of cuts:  a strong economy and the stickiness of inflation. 

The Fed led the cutting cycle with an unexpected reduction of 50 basis points. This was in the middle of an existing strong economy and inflation, while lower than the start of the year, had still not reached the target of 2%. The Fed will reduce in December, but expect January odds to come down after the release of economic data, shifting the odds to no reduction in January.    

For the strength of the economy, we can look at gross domestic product (GDP), which is the market value of goods and services produced by the macroeconomy.  The latest figures show that GDP increased by 2.8%, from the 2nd to the 3rd quarter of 2024. This is well above the average quarterly growth since 2022. And the consumer is driving this growth, responsible for a whopping 85% of the 2.8%. 

While consumer sentiment remains depressed, largely due to the negative effects of inflation, consumers remain confident due to a couple of ongoing dynamics.  One is the labor market.  While the labor market has softened, the unemployment rate remains at relatively low levels and job openings continue to exceed the number of unemployed.  Layoffs, as measured by new claims for unemployment, are at historically low levels. Current levels are just over 200,000 weekly, and these are nowhere near levels needed for any hints of a recession. The other factor driving consumer spending is household balance sheets. The net worth of households is at an all-time high, driven by home values and the equity markets. During the Great Recession, it took about 5 years to recover the net worth lost during the housing crash and equity market losses. Coming out of Covid, household wealth suffered declines in 2022 but has been climbing since. Strong balance sheets encourage spending, and this is showing up in sustained consumer spending, the big driver of gross domestic product. 

Since the Fed began its rate-cutting cycle, inflation is higher than it was at the end of September. The post-Fed cut inflation rate was 2.41% at the end of September and the most recent data places headline CPI at 2.6%. The core rate, CPI minus food and energy, is even higher at 3.3%. We see the impact of this sticky inflation on the 10-year yield, higher now than levels that existed just prior to the September Fed rate reduction. For the consumer, this means elevated mortgage rates compared to the recent low of 6.1%.    

In summary, the Fed will likely cut in December. The absence of a cut would signal the mistake that was made in September, but unless the data deteriorates considerably, expect a pause for January.   

Regional Updates 

As 2024 comes to an end, the Louisville Metro area will see slower payrolls this year compared to 2023. Latest preliminary estimates show that Louisville payrolls are up about 3,700 from the prior year, and the unemployment rate about 3/4% higher than 2023, 4.2% compared to 3.5% last year. The region saw gains in education and health services, transportation and warehousing, and professional and business services. However, losses in leisure and hospitality, manufacturing, financial activities, retail and information provided headwinds to overall payroll growth. 

We see similar patterns in Southern Indiana. The most recent county data show that Southern Indiana gained over 1,000 jobs in the second quarter of 2023, compared to the prior year. Healthcare and transportation and warehousing were the dominant growth sectors and manufacturing saw another decline, over 1,000 payrolls. 

These most recent changes for Southern Indiana are consistent with the pattern that emerges from pre-Covid to now. Since 2019, the year prior to Covid, the largest gainer for Southern Indiana is transportation and warehousing, followed by health care and social services.  Accommodation and food services is up just over 1,000 positions. The greatest loss is observed for manufacturing, down more than 2,500 jobs since 2019. Even with this significant decline, both total wages and average weekly wages are higher, pointing to productivity gains in regional manufacturing.  Despite the decline in payrolls, manufacturing also remains as the sector with the highest level of total wages across Southern Indiana, reinforcing the role as an impactful economic development sector. 

As we exit 2024, the region can expect an acceleration of payroll growth and an unemployment rate that remains relatively flat.    Expect volatility in the markets, but the U.S. will avoid a recession.   

As the macroeconomy accelerates in growth, the battle between growth and inflation will ensue. Supporting both growth and disinflation will be a supply side boost to the economy, brought about by a deregulatory environment, and incentives that boost labor force participation and capital investment.    

Thank You for Renewing Your Membership | November 2024

by with No Comment Thank Your for Renewing Your Membership

One Southern Indiana would like to thank the following members that renewed their membership during the month of November 2024.

Quarter Century Club (25 Years or More)Member Since
Stites & Harbison, PLLC1982
Louisville Business First1984
PNC Bank1985
  
Ten to 24 Years 
One Vision Credit Union2002
Heartland, A Global Payments Company2004
C3 Tech2009
Kelley Construction2012
Purdue Polytechnic New Albany, Purdue University2014
  
Five to Nine Years 
BJB Inc.2017
ActionCoach Bluegrass2018
Excel Services Inc.2018
Rapid Industries Inc.2018
Heritage Ford2019
Kahl’s Body Shop2019
  
Two to Four Years 
Homeless Coalition of Southern Indiana2020
Scott Family Services2020
KORT Physical Therapy2021
Xtreme Transportation2021
The Elderberry Co.2022
Twin Interiors, Inc2022
  
One Year 
CXE Insurance2023
Keller Williams Realty Southern Indiana2023
Pirtek Louisville West2023
ROOFTECH2023
Thrivent – Travis Nicks2023
TownePlace Suites-Louisville North2023

Welcome New Members | November 2024

by with No Comment Welcome New Members

One Southern Indiana would like to welcome the following businesses that joined or rejoined during the month of November 2024.

Nonprofit Spotlight | Ronald McDonald House Charities of Kentuckiana

by with No Comment Nonprofit Spotlight

Ronald McDonald House Charities of Kentuckiana
550 S. 1st St.
Louisville, KY  40202
502-581-1416
www.rmhck.org
Contact Person:
Sara Silletto, Director of Development
Sara@rmhck.org


Please use 300 words or less to describe your agency and your impact in the community.

Ronald McDonald House Charities of Kentuckiana (RMHCK) has significantly impacted thousands of families for forty years. With help from our community, we provide a nurturing environment, enabling families to stay close to their hospitalized children. We offer a home away from home with comprehensive support that includes warm meals, comfortable rooms, communal kitchens, play areas for children, and quiet spaces for parents to find solace, essential amenities, all at no cost to the families we serve.

Our impact goes beyond accommodation. By easing families’ financial and emotional burdens, we give them the opportunity to focus on what truly matters: the health and well-being of their children. The stability we provide helps reduce stress and promotes family cohesion, which is crucial for the healing process.

Our programs include a 56-bedroom Ronald McDonald House, three Ronald McDonald Family Rooms, and a Hospitality Cart at the Novak Center. These programs remain available to our guest families thanks to the generosity and trust of our partners in the community. They invest in our mission through various sponsorship and giving opportunities, volunteering their time, and introducing us to new potential partners. Our dedicated team and volunteers work tirelessly to maintain an environment of compassion and care.

RMHCK is more than just a place to stay; it’s a lifeline for families in need, providing comfort, hope, and a sense of community during their most critical times. Our commitment to leading with passion and making a positive difference in the lives of families underscores everything we do.

Agency Mission Statement or Description: Ronald McDonald House Charities of Kentuckiana (RMHCK) provides essential services that remove barriers, strengthen families, and promote healing when children need healthcare.

Year established: 1984

Counties/regions serviced: RMHCK services all families who must travel to Louisville for their children’s medical care.

Focus areas:

Impact in community: In 2023, RMHCK served as a home away from home for more than 1,400 families, saving them a collective $3.1M. We dished out 472 meals and thousands of snacks. We organized 248 activities so our guest families could take a break and/or entertain siblings of their hospitalized children. We hosted hundreds of our community friends who volunteered to make dinner, make beds, make brownies, all to make our families smile. 

Volunteer Opportunities: https://rmhc-kentuckiana.org/volunteer-rmhck/

How 1si members can help your organization: Volunteer, introduce us to a new friend, share our mission with families.

 

International minerals supplier establishing first U.S. facility at Ports of Indiana–Jeffersonville to support green manufacturing

by with No Comment 1si Press ReleaseEconomic Development

Lumina Sustainable Materials to open mineral processing, research hub in Jeffersonville 

JEFFERSONVILLE, IN. (Nov. 12, 2024) An international supplier of specialized minerals will develop its first U.S. facility at Ports of Indiana-Jeffersonville to supply Midwest manufacturers with greener mineral additives. Lumina Sustainable Materials will invest $14.3 million at the Jeffersonville port to establish a multimineral processing facility, logistics base, and test laboratory to serve the rapidly growing polymers, electronic glass, coatings, aerospace, and building and construction markets. The new operation, located at 1302 Port Road, plans to add 50 full-time positions by 2027 with an average hourly wage of $35 per hour.   

“The total value package offered by Ports of Indiana and the State of Indiana is unmatched,” said Lumina Sustainable Materials CEO Brian Hanrahan. “The ability to ship by barge into the Midwest, to leverage logistics facilities and services, and to partner with the port on future expansions and container exports makes Jeffersonville a perfect place for our U.S. processing and research facility. We mapped our target customers for polymers, coatings, and building and construction, and Jeffersonville is in the center of it all.” 

Lumina sources minerals from around the world and is working with Purdue University, NASA, and NASA subcontractors to develop innovative mineral-based products, improve lunar simulants, and support research projects involving space travel. The company will renovate and repurpose an existing building at the Jeffersonville port that has been vacant for more than 10 years and will partner with Ports of Indiana to develop a shared laboratory facility for research and educational uses by community partners and schools. The Jeffersonville facility will use the port’s barge and rail services and serve as Lumina’s processing and logistics hub for the Western Hemisphere. In addition to mineral processing, the Jeffersonville site will manufacture advanced polymer additives, including concentrates of novel flame retardants, performance modifiers, and lightweight mineral fillers. 

“Lumina’s decision to establish its first U.S. facility in Jeffersonville speaks volumes about our city’s appeal as a center for innovation and growth,” said Mayor Moore. “This investment brings exciting opportunities for new high wage jobs and strengthens our position as a logistics and research hub for advanced industries. We’re proud to welcome Lumina to Jeffersonville and look forward to partnering with them as they bring economic and environmental value to our community and around the world.” 

“We’re thrilled our Jeffersonville port can serve as a launch pad for Lumina’s first U.S. facility,” said Ports of Indiana CEO Jody Peacock. “This is an innovative company that has done extensive research to find an ideal U.S. location to support its global supply chain. We’re excited to partner with Lumina to grow business and develop facilities that will create innovative products and drive further research and education in our community.” 

Funded by investors in Canada and Switzerland, Lumina primarily processes anorthosite, a silicate mineral, that replaces less environmentally friendly raw materials in the production of electronic glass, plastics, paint and fiberglass. The product comes from the White Mountain Mine in western Greenland, which has the largest anorthosite deposit on earth. The only larger deposit is on the moon. Anorthosite will be shipped from Greenland to New Orleans by ocean vessel and transloaded to barge for transport to Jeffersonville.  

Lumina works with allied mineral suppliers from around the world, sourcing pyrophyllite from Canada, barium sulfate from Morocco, bauxite from Guyana and graphite from Greenland. It is also developing the first vertically integrated manufacturing operations for producing battery anodes from mine to finished active anode material. 

“International companies like Lumina continue to choose Indiana for U.S.-based growth thanks to our pro-growth business environment and skilled talent pipeline,” said Ann Lathrop, chief strategy officer at the Indiana Economic Development Corporation (IEDC). “We are excited to welcome Lumina to our ecosystem of innovators statewide that is developing new solutions and creating new products to advance the future economy.”  

Based on the company’s job creation plans, the IEDC committed an investment in Lumina of up to $725,000 in the form of incentive-based tax credits. These tax credits are performance-based, meaning the company is eligible to claim incentives once Hoosiers are hired.  

“Considering Lumina could have located anywhere in the Western Hemisphere, we’re extremely honored they picked our Jeffersonville port,” said Lance Allison, president and CEO of One Southern Indiana. “It’s gratifying for our regional economic development team to partner with a forward-looking company like Lumina that is committed to providing economic and environmental value to our region.” 

About Lumina Materials: Lumina is an innovative material science company tackling today’s most pressing manufacturing challenges with industry-leading sustainability. With customers around the world, Lumina is developing infrastructure for growth in North American and Europe while exploring additional materials and technologies to create sustainable solutions for critical markets. Lumina is a privately-owned business shipping minerals such as anorthosite from Greenland to customers on three continents and developing high impact products that extend beyond industrial minerals through custom chemistry and processing solutions. www.luminamaterials.com  

About Ports of Indiana 

Ports of Indiana is a statewide port authority operating three ports on the Ohio River and Lake Michigan. Established in 1961, Ports of Indiana is dedicated to growing Indiana’s economy by developing and maintaining a world-class port system, and by serving as a statewide resource for maritime issues, international trade, and multimodal logistics. www.portsofindiana.com  

About One Southern Indiana 
One Southern Indiana (1si) was formed in July of 2006 as the economic development organization and chamber of commerce serving Clark and Floyd counties. 1si’s mission is to help businesses innovate and thrive in the Southern Indiana / Louisville metro area via the three pillars of Business Resources, Economic Development, and Advocacy. For more information on One Southern Indiana, visit www.1si.org.  

Contacts: 

Lumina Sustainable Materials 
Brian Hanrahan | CEO / Commercial North America and R&D 
Brian@Lumina.gl  

Ports of Indiana 
Eric Powell | Director of Communications 
Epowell@portsofindiana.com | 317-233-6231 

One Southern Indiana 
Ellinor Smith | Content Marketing and Media Relations Manager 
EllinorS@1si.org | 217-320-4832 

 

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International minerals supplier establishing first U.S. facility at Ports of Indiana–Jeffersonville to support green manufacturing 

by with No Comment 1si News1si Press ReleaseEconomic DevelopmentMember News

Lumina Sustainable Materials to open mineral processing, research hub in Jeffersonville 

JEFFERSONVILLE, IN. (Nov. 12, 2024) An international supplier of specialized minerals will develop its first U.S. facility at Ports of Indiana-Jeffersonville to supply Midwest manufacturers with greener mineral additives. Lumina Sustainable Materials will invest $14.3 million at the Jeffersonville port to establish a multimineral processing facility, logistics base, and test laboratory to serve the rapidly growing polymers, electronic glass, coatings, aerospace, and building and construction markets. The new operation, located at 1302 Port Road, plans to add 50 full-time positions by 2027 with an average hourly wage of $35 per hour.   

“The total value package offered by Ports of Indiana and the State of Indiana is unmatched,” said Lumina Sustainable Materials CEO Brian Hanrahan. “The ability to ship by barge into the Midwest, to leverage logistics facilities and services, and to partner with the port on future expansions and container exports makes Jeffersonville a perfect place for our U.S. processing and research facility. We mapped our target customers for polymers, coatings, and building and construction, and Jeffersonville is in the center of it all.” 

Lumina sources minerals from around the world and is working with Purdue University, NASA, and NASA subcontractors to develop innovative mineral-based products, improve lunar simulants, and support research projects involving space travel. The company will renovate and repurpose an existing building at the Jeffersonville port that has been vacant for more than 10 years and will partner with Ports of Indiana to develop a shared laboratory facility for research and educational uses by community partners and schools. The Jeffersonville facility will use the port’s barge and rail services and serve as Lumina’s processing and logistics hub for the Western Hemisphere. In addition to mineral processing, the Jeffersonville site will manufacture advanced polymer additives, including concentrates of novel flame retardants, performance modifiers, and lightweight mineral fillers. 

“Lumina’s decision to establish its first U.S. facility in Jeffersonville speaks volumes about our city’s appeal as a center for innovation and growth,” said Mayor Moore. “This investment brings exciting opportunities for new high wage jobs and strengthens our position as a logistics and research hub for advanced industries. We’re proud to welcome Lumina to Jeffersonville and look forward to partnering with them as they bring economic and environmental value to our community and around the world.” 

“We’re thrilled our Jeffersonville port can serve as a launch pad for Lumina’s first U.S. facility,” said Ports of Indiana CEO Jody Peacock. “This is an innovative company that has done extensive research to find an ideal U.S. location to support its global supply chain. We’re excited to partner with Lumina to grow business and develop facilities that will create innovative products and drive further research and education in our community.” 

Funded by investors in Canada and Switzerland, Lumina primarily processes anorthosite, a silicate mineral, that replaces less environmentally friendly raw materials in the production of electronic glass, plastics, paint and fiberglass. The product comes from the White Mountain Mine in western Greenland, which has the largest anorthosite deposit on earth. The only larger deposit is on the moon. Anorthosite will be shipped from Greenland to New Orleans by ocean vessel and transloaded to barge for transport to Jeffersonville.  

Lumina works with allied mineral suppliers from around the world, sourcing pyrophyllite from Canada, barium sulfate from Morocco, bauxite from Guyana and graphite from Greenland. It is also developing the first vertically integrated manufacturing operations for producing battery anodes from mine to finished active anode material. 

“International companies like Lumina continue to choose Indiana for U.S.-based growth thanks to our pro-growth business environment and skilled talent pipeline,” said Ann Lathrop, chief strategy officer at the Indiana Economic Development Corporation (IEDC). “We are excited to welcome Lumina to our ecosystem of innovators statewide that is developing new solutions and creating new products to advance the future economy.”  

Based on the company’s job creation plans, the IEDC committed an investment in Lumina of up to $725,000 in the form of incentive-based tax credits. These tax credits are performance-based, meaning the company is eligible to claim incentives once Hoosiers are hired.  

“Considering Lumina could have located anywhere in the Western Hemisphere, we’re extremely honored they picked our Jeffersonville port,” said Lance Allison, president and CEO of One Southern Indiana. “It’s gratifying for our regional economic development team to partner with a forward-looking company like Lumina that is committed to providing economic and environmental value to our region.” 

About Lumina Materials: Lumina is an innovative material science company tackling today’s most pressing manufacturing challenges with industry-leading sustainability. With customers around the world, Lumina is developing infrastructure for growth in North American and Europe while exploring additional materials and technologies to create sustainable solutions for critical markets. Lumina is a privately-owned business shipping minerals such as anorthosite from Greenland to customers on three continents and developing high impact products that extend beyond industrial minerals through custom chemistry and processing solutions. www.luminamaterials.com  

About Ports of Indiana 

Ports of Indiana is a statewide port authority operating three ports on the Ohio River and Lake Michigan. Established in 1961, Ports of Indiana is dedicated to growing Indiana’s economy by developing and maintaining a world-class port system, and by serving as a statewide resource for maritime issues, international trade, and multimodal logistics. www.portsofindiana.com  

About One Southern Indiana 
One Southern Indiana (1si) was formed in July of 2006 as the economic development organization and chamber of commerce serving Clark and Floyd counties. 1si’s mission is to help businesses innovate and thrive in the Southern Indiana / Louisville metro area via the three pillars of Business Resources, Economic Development, and Advocacy. For more information on One Southern Indiana, visit www.1si.org.  

Contacts: 

Lumina Sustainable Materials 
Brian Hanrahan | CEO / Commercial North America and R&D 
Brian@Lumina.gl  

Ports of Indiana 
Eric Powell | Director of Communications 
Epowell@portsofindiana.com | 317-233-6231 

One Southern Indiana 
Ellinor Smith | Content Marketing and Media Relations Manager 
EllinorS@1si.org | 217-320-4832 

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