Charging Up: Global Technology and Engineering Provider Coming to Southern Indiana

by with No Comment 1si News1si Press ReleaseEconomic Development

MKS Global, an ISO 2013-certified company, is opening operations in Jeffersonville.

Jeffersonville, IN. (March 4, 2024)

MKS Global, Inc., is expanding! The global technology and engineering provider will move to a new location to grow its production capacity, including new production with aerospace maintenance technology and electric charging stations. The company will invest over $2.8 million into the region by leasing a building on Centennial Boulevard in Jeffersonville and purchasing new equipment. The location will also add up to 40 new jobs at an average wage of over $45.00 per hour, with the company providing training for each employee. The new facility will also serve as the company’s headquarters for the U.S.  

MKS Global, Inc., is a global technology partner with a full spectrum of IT, digital technology and engineering services with supply chain resources that support a variety of industries, including health care, information services, aerospace, automotive, and other technology manufacturing. With a focus on providing services that enable businesses to reach their goals, MKS Global has a 98% referral rating and a presence in six countries.

“Our team couldn’t be more optimistic about the future as we establish Jeffersonville, IN, as our headquarters and newest facility for MKS Global,” said CEO William Moon. “This new location affords us an abundance of growth opportunities by dramatically expanding internal prototyping capabilities. This investment will accelerate innovative product partnerships in a variety of high-impact industry sectors such as automotive, aerospace, renewable energy, and beyond.”

Based on the company’s job creation plans, the Indiana Economic Development Corporation (IEDC) committed an investment in MKS Vision Group, Inc. of up to $800,000 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.

“Southeast Indiana is quickly growing its reputation as a premier destination for technology providers and technology-enabled firms thanks to the investment of companies like MKS Vision Group,” said Ann Lathrop, chief strategy officer at the IEDC. “As a state, we are committed to supporting this expanding ecosystem through our partnerships with regional leaders and through strategic investments in innovation, community development and talent, paving the way for continued economic growth and career opportunities for years to come.”

“The City of Jeffersonville enthusiastically welcomes MKS Global to our growing community of innovative technology-driven companies,” said Jeffersonville Mayor Mike Moore. “This facility will include a state-of-the-art prototyping center, supporting a number of high-growth industries and creating 40 new jobs with an average wage above $45 per hour which is nearly double the Clark County average wage.”

“MKS Global’s investment further recognizes the regional advantage we offer to industry partners,” said John Launius, Vice President and Director of Economic Development at One Southern Indiana. “We are confident MKS Global will find continued success by offering premium product design and engineering services, now leveraged with increased prototyping capabilities which make them an ideal industry partner.”

About MKS Global, Inc.

MKS Global is a solutions company, combining global network engineering, digital technology, and supply chain expertise with a focused partnership experience. They exist to provide increased efficiencies and flexibility that accelerate business performance by adapting the latest cutting-edge technologies for their customers. Their services deliver tangible benefits with efficiency and agility. For more information, visit www.mksglobal.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.

Contact:

MKS Global, Inc.
Andrew Brinker, General Manager
Andrew.brinker@mksglobal.com
810-434-0820

One Southern Indiana
Brittany Schmidt, Content Marketing and Media Relations Manager
BrittanyS@1si.org
812-945-0266

One Southern Indiana Board of Directors Announces New CEO and President

by with No Comment 1si News1si Press Release

Lance Allison, CCE, IOM, is set to join the 1si team as the next President and CEO.

New Albany, IN. (February 2, 2024)

The search for a new One Southern Indiana (1si) President and CEO has successfully concluded. The Board of Directors has announced that Lance Allison, a Murray, Kentucky native, has been selected as the next leader of the Chamber of Commerce and Economic Development organization. He is expected to start in mid-March and follows Wendy Dant Chesser, who led the organization from 2012 to 2023. 

Allison has a proven record of demonstrated success and growth, serving as CEO and President of two chambers: Murray-Calloway County in Kentucky and Panama City Beach in Florida. He is a graduate of Murray State University and was most recently employed as the Director of Business Development with Bacon Farmer Workman (BFW) Engineering & Testing / Marcum Engineering LLC.

“Lance not only has a deep appreciation for both the chamber and economic development aspects of our organization, but he also brings incredible strengths in building sincere and trusted relationships, which also was evidenced throughout his interaction with our board members, investors, and staff,” said 1si Board of Directors Chair Bryan Wickens. “His experience, ideas, and passion for being an industry professional, supporting professional growth not only for himself but staff as well, will make him an invaluable leader of our organization. We are convinced Lance is the right leader at the right time for 1si.”

At the Murray-Calloway County Chamber, Allison led the chamber to U.S. Chamber Accreditation, a high distinction held by less than 200 chambers, and created and led a new strategic plan. The chamber was also named the 2012 Mid-Size Chamber of the Year by the Association of Chamber of Commerce Executives. At the Panama City Beach Chamber, Allison led the chamber in the increase of membership retention, improved operational and financial results, and created strong relationships with local partners.

“I am humbled and honored to be selected as the next President and CEO of 1si,” said Allison. “I’m excited for the future of this great organization and building on the foundation of success built over the years through Wendy, the staff, and the Board of Directors.”

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.

Brittany Schmidt, Content Marketing and Media Relations Manager
BrittanyS@1si.org  | 812-945-0266

Global Technology Giant Chooses New Operation Location in Southern Indiana

by with No Comment 1si News1si Press ReleaseEconomic Development

Meta will open their newest technology operation center in Jeffersonville, Indiana, bringing $800M and 100 jobs to the region.

Jeffersonville, IN. (January 25, 2024)

Governor Eric J. Holcomb and Indiana Secretary of Commerce David Rosenberg joined executives of Meta Platforms Inc. (NASDAQ: META) today as the company announced plans to establish a new $800 million data center campus in Indiana. The new facility in Jeffersonville will support approximately 100 operational jobs and hundreds of construction jobs in the coming years.   

Meta, which powers products such as Facebook, Messenger, Instagram, and WhatsApp, will establish a nearly 700,000-square-foot facility at River Ridge Commerce Center in Jeffersonville. This new facility will be Meta’s 18th in the United States and will be supported by 100% renewable energy.

“We are thrilled to make Indiana and Jeffersonville our new home. We are committed to playing a positive role here and investing in the community’s long-term vitality,” said Brad Davis, director of data center community and economic development at Meta. “Jeffersonville stood out as an outstanding location for our newest data center thanks to its great access to infrastructure, deep pool of talent, and amazing community partners. Thank you to everyone who has helped us get here.”  

Based on the company’s investment plans, the Indiana Economic Development Corporation committed an investment in Meta in the form of a 35-year term data center sales tax exemption for a minimum $800 million in eligible capital. For each additional $800 million of eligible investment made at the site within that time period, the company will be eligible for tax exemptions for an additional 5-year period, up to a total term of 50 years. These incentives are performance-based, meaning the company is eligible to claim state benefits once investments are made. The city of Jeffersonville and the River Ridge Development Authority offered additional incentives.  

“Today is a great day for Indiana and for our southeast region as we welcome another major investment to the River Ridge Commerce Center,” Gov. Holcomb said. “Indiana’s efforts to cultivate industries of the future are already paying dividends for Hoosiers, attracting growth in critical sectors like data storage, semiconductors, energy and electric vehicles. We’re excited to welcome Meta to Indiana and look forward to the company’s partnership in growing Jeffersonville and the southeast Indiana region.”

“On behalf of the residents of Jeffersonville, I am ecstatic to officially welcome Meta to our community,” said Mike Moore, Mayor of Jeffersonville.  “River Ridge has been saving this 619-acre site for a mega company, and Meta’s investment and commitment to our community are proof that this strategy is paying off.  The economic activity around this new data center will support every sector of our economy, and we appreciate all those who have worked to bring Meta to Jeffersonville.” 

“1si is immensely excited to welcome Meta to Southern Indiana,” said John Launius, Vice President and Director of Economic Development at One Southern Indiana. “This project has been a long time coming, and we can’t wait to see the benefits the new data center campus will bring to our community, including 100 new initial jobs, and celebrate how this will propel our regional momentum and opportunities.”  

About Meta 
Meta builds technologies that help people connect, find communities, and grow businesses. When Facebook launched in 2004, it changed the way people connect. Apps like Messenger, Instagram and WhatsApp further empowered billions around the world. Now, Meta is moving beyond 2D screens toward immersive experiences like augmented and virtual reality to help build the next evolution in social technology.

About IEDC 
The Indiana Economic Development Corporation (IEDC) is charged with growing the State economy, driving economic development, helping businesses launch, grow and locate in the state. Governed by a 15-member board chaired by Governor Eric J. Holcomb, the IEDC manages many initiatives, including performance-based tax credits, workforce training grants, innovation and entrepreneurship resources, public infrastructure assistance, and talent attraction and retention efforts. For more information about the IEDC, visit iedc.in.gov. 

Media Contacts:  
Melanie Roe (Meta) – 650-798-7966 or melanieroe@meta.com  
Erin Sweitzer (IEDC) – 317-296-2556 or esweitzer@iedc.in.gov 
 

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.

Contact:

One Southern Indiana
Brittany Schmidt, Content Marketing and Media Relations Manager
BrittanyS@1si.org
812-945-0266

 

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Moving Forward: Industry-Leading LSV Vehicle Company Speeding to River Ridge

by with No Comment 1si News1si Press ReleaseEconomic Development

Bintelli, a five-time Inc. 5000 company, will expand its electric vehicle operations to River Ridge.

Jeffersonville, IN. (January 17, 2024)

Bintelli, an industry-leading low-speed vehicle (LSV) company, will open an assembly and distribution facility in the River Ridge Commerce Center to produce electric golf carts and other low-speed recreational vehicles. Bintelli will invest over $4 million into the region by leasing and improving a building in River Ridge and adding new furniture and fixtures. The location will also have up to 67 new jobs with an average wage of over $26.00 per hour, with the company providing training for each employee. For more information on employment opportunities, please visit https://www.indeed.com/cmp/Bintelli.

Bintelli started as the dream of Justin Jackrel in 2000, and the company has quickly grown to be an industry standard. The company currently has the largest LSV assembly facility in the United States in South Carolina and is also a five-time Inc. 5000 company. Their products include golf carts, electric bicycles, scooters and mopeds, parts, and accessories created from quality craftsmanship.

“Bintelli’s explosive growth over the last few years has been extremely rewarding,” said Justin Jackrel, President of Bintelli. “We couldn’t be more excited to expand our operations with this new facility at River Ridge Commerce Center, thanks to PRG Commercial Property Advisors and Avison Young for their comprehensive site selection and brokerage services. The proximity to our new logistics partner, Mister “P” Express, played a big part in choosing this location for our new assembly facility.  We look forward to opening our newest expansion and working with such amazing new regional partners.”

“From one successful American Dream story to another, Mister “P” Express is thrilled to welcome Bintelli as our neighbor at River Ridge Commerce Center,” said Cindy Collier, President & CEO at Mister “P” Express, Inc. “Bintelli’s expansion from South Carolina to River Ridge is a strategic move for the company’s continued growth, while also bringing a tremendous economic impact to our community. We can’t wait for our shiny, red 18-wheelers to haul the nation’s best electric golf carts, bikes, and gas mopeds all across the country.”

Based on the company’s job creation plans, the Indiana Economic Development Corporation (IEDC) committed an investment in Bintelli of up to $675,000 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.

“We are excited to welcome another innovative, fast-growing company to the state,” said IEDC Chief Strategy Officer Ann Lathrop. “Here in Indiana, Bintelli joins a robust network of quality manufacturers and a statewide ecosystem committed to advancing a business climate that powers the growth and talent needed to succeed.”

“The City of Jeffersonville is excited that Bintelli has chosen the River Ridge Commerce Center as the location for their newest facility,” said Jeffersonville Mayor Mike Moore. “This strategic investment into our community will add 67 new jobs as well as position Bintelli and their premium recreational vehicle products for long-term success in this growing sector.”  

“We want to welcome Mr. Jackrel and his team at Bintelli. Their investment showcases the strategic advantages offered by River Ridge and Southern Indiana,” said Jerry Acy, the executive director of the River Ridge Development Authority. “Bintelli has proven itself to be an industry leader in the rapidly growing recreational low-speed vehicle market and we are excited to partner with them as they grow here at River Ridge.”

“Bintelli brings a unique product to Southern Indiana and the surrounding regions,” said John Launius, Vice President and Director of Economic Development at One Southern Indiana. “Based on the growth that Bintelli has seen over the years, we are thrilled to have them in the region and can’t wait to watch their continued success as an industry leader.”

About Bintelli
As the only five-time Inc. 5000 company in the industry, Bintelli offers industry-leading quality craftsmanship, support and services, and fosters win-win partnerships with dealers. Bintelli has the largest stand-alone LSV assembly facility in the United States and produces environmentally friendly and top-of-the-line electric golf carts for a variety of uses that are distributed to dealerships and retail outlets across the country and internationally. For more information on Bintelli, visit www.bintelli.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.

Contact:
Bintelli
media@bintelli.com

One Southern Indiana
Brittany Schmidt, Content Marketing and Media Relations Manager
BrittanyS@1si.org
812-945-0266

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Building Up: Local Structural Component Manufacturer Plans for Increased Production

by with No Comment 1si News1si Press ReleaseEconomic Development

GHK Truss, LLC will expand its current operations due to growing customer demands.

Clarksville, IN. (December 19, 2023)

GHK Truss, LLC, a thriving structural component manufacturer located in Clarksville, IN, is expanding. The company has grown since its establishment in 2008, creating a need to expand its current production level. GHK Truss will invest around $1 million in state-of-the-art equipment, including $838,050 in new machinery and equipment, $170,000 in building improvements, and $5,000 in new furniture, fixtures, and IT/hardware. The company will also add up to 15 new jobs to accommodate the increased demand.

GHK Truss started with small roots in 2008 and a focus on excellence, purpose, and team. The team has grown from eight original employees to over 43 in the last fifteen years. GHK Truss is committed to innovation, value, and service for customers, and remains primarily involved in residential, commercial, agriculture, and multi-family building projects.

“We’re excited for the opportunity to grow,” says Mike Gilley, one of the co-founders of GHK Truss. “Our business has become a trusted brand, and adding the new machinery and employees over the next few years will allow us to continue that trust for our current and future clients.”

Based on the company’s job creation plans, the Indiana Economic Development Corporation (IEDC) committed an investment in GHK Truss of up to $175,000 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.

“Indiana’s entrepreneurial ecosystem has a significant impact on the state’s economy and our local communities,” said Ann Lathrop, chief strategy officer of the IEDC. “The continued success and growth of Indiana-founded small businesses like GHK Truss is critical to our future and to creating more quality job opportunities for Hoosiers.”

“The Town of Clarksville enthusiastically supports GHK Truss’s plans to expand their current operations,” says Kevin Baity, town manager. “Their growing presence will continue to add value to our community and local economy. We congratulate GHK Truss on their continued success.”

“We’re thrilled to see GHK Truss expand its reach,” says John Launius, vice president and director of economic development at One Southern Indiana (1si). “GHK Truss’s expansion underscores the great business environment of Clarksville and the entire region. 1si will continue to work with GHK Truss as they operationalize this investment and serve their customers.”


About GHK Truss, LLC
Since GHK Truss’ founding in 2008 by three friends, the company has been on a path of growth. GHK Truss serves three states, Indiana, Kentucky, and Ohio, in various projects, including residential, multifamily, commercial, and agricultural. GHK Truss is committed to continuous innovation, value, and service for our customers needing structural building components. For more information, visit www.ghktruss.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.

Contact:

GHK Truss
Michael Harlowe, Partner
Mharlowe@ghktruss.com
812-282-6600

One Southern Indiana
Brittany Schmidt, Content Marketing and Media Relations Manager
BrittanyS@1si.org
812-945-0266

 

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New Microbrewery Headed to Historic Georgetown

by with One Comment 1si News1si Press ReleaseEconomic Development

Off the Rails, LLC is opening a new upscale microbrewery and restaurant, Rails and Ales Brew House, adjacent to Georgetown Park.  

Georgetown, Ind. (December 18, 2023)

Georgetown keeps on growing. Off the Rails, LLC has chosen a location on State Road 64 in Georgetown’s downtown, adjacent to Georgetown Park. This new venture, Rails and Ales Brew House, will be a welcomed amenity to support continued residential growth in the region.

Rails and Ales Brew House will be an upscale microbrewery and restaurant, with its design and theme coming from the railroad tracks that travel through the historic portion of Georgetown. The two-story building will house two bars and a self-service restaurant.  Customers will also be able to order food to go using their drive-through.

“We can’t wait to bring this microbrewery and restaurant to Georgetown,” said Justin Juhasz, one of the owners of Rails and Ales Brew House. “Our hope is to create an atmosphere new to the Georgetown area and showcase our beautiful town by having a dining option close to the Georgetown Park.”

In addition to brewing their own craft beer, Rails and Ales Brew House will carry a selection of craft beers from other breweries, as well as wine options. They will also have TVs and other amenities to make it the local spot to relax and spend time with friends and family.

Off the Rails, LLC estimates over $1,000,000 will go into the building for improvements, new equipment, and more. The location also plans to hire at least eight individuals for full-time roles.  To support this growth, the Town of Georgetown is offering the company personal and real property tax abatement, phasing in its new property taxes over four and six years, respectively.

“The Town Council is thrilled to see this investment in our downtown,” noted Chris Loop, Town Council President. “Residents have been asking for a concept just like this, and our redevelopment plan calls for it. Our tax incentives should signal that the Town of Georgetown is open for business investment.”

“One Southern Indiana (1si) has seen a lot of growth in Georgetown over the last few years,” said John Launius, Vice President and Director of Economic Development with One Southern Indiana. “Off the Rails, LLC is bringing an exciting new opportunity for residents of Georgetown with Rails and Ales Brew House, and we will continue to partner with them to position them for long-term success in the region.”  

About Off the Rails, LLC

Off the Rails, LLC is a local company in Georgetown, Ind. The owners also own Floyd Farm & Feed, a local farm, feed, and pet/livestock supply store that also offers pet grooming. The owners of Off the Rails, LLC are community-oriented and host several events each year, including an Easter egg hunt and scarecrow competition through Floyd Farm & Feed.

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.

Contact:

Off the Rails, LLC
Rails and Ales Brew House
Justin Juhasz, Owner
floydfarmfeed@gmail.com
812-219-7699

One Southern Indiana
Brittany Schmidt, Content Marketing and Media Relations Manager
BrittanyS@1si.org
812-945-0266

Strategic Growth: Regional OEM and Parts Supplier Looks at Southern Indiana Expansion for Increased Capacity 

by with No Comment 1si News1si Press ReleaseEconomic Development

Rush Group Limited LLC is set to strategically expand its regional operations to support growth.

SELLERSBURG, IN. (December 11, 2023) 

Rush Group Limited LLC, established in 2011 as an automotive-industry partner in the Detroit area, looks to expand operations to Sellersburg, IN. As a minority-owned and purpose-driven company, the group fulfills an important need for large clients who have made diversity part of hiring and procurement processes while getting the highest quality products at a fair price. The Rush family of companies has focused on a community and customer-centered approach since their formation in 1984.

Rush Group Limited now plans to invest $15 million to support strategic operational growth, which includes new machinery and equipment, IT/hardware, building improvements, and new furniture and fixtures at the Sellersburg facility. Plans also include leasing 417,270 sq ft. in Silver Creek Logistics Center – Building B, located at 7803 Highway 31 in Sellersburg, IN, which was recently developed by Clarion Partners and represented by NAI Fortis Group. In addition, the Sellersburg-based operation will also add up to 180 new full-time jobs.

“We’re excited for the company’s continued growth as it indicates the confidence and value offered to our customers,” says Lori Lancaster, President of Rush Group Limited. “Our success is built on being a trusted partner to our clients and this investment in the Town of Sellersburg strongly positions us to meet our growing client demand.”

Based on the company’s investment and job creation plans, the Indiana Economic Development Corporation (IEDC) committed an investment in Rush Group Limited, LLC of up to $1.8 million 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. The Town of Sellersburg has also approved a five-year personal property tax abatement to encourage the company to select this site.
 
I’m thrilled to see Rush Group Limited choose Indiana as the location for their expanded operations,” said Ann Lathrop, Chief Strategy Officer at the Indiana Economic Development Corporation. “Rush Group Limited is a natural fit for Indiana—together we’ll play to each other’s strength in manufacturing, logistics and supply chain management. Their commitment to bringing high-quality career opportunities to diverse communities will bring prosperity and growth to Sellersburg. I’m really looking forward to seeing how the company and community will grow together.”

“The Town of Sellersburg enthusiastically welcomes this significant project from the Rush Group Limited to our growing community,” says Brad Amos, Council President for the Town of Sellersburg. “This planned investment, and subsequent hiring of 180 employees, offers a recurring benefit to our community and local economy that will be realized for years to come. Congratulations to Rush Group Limited on the continued growth within the region, and welcome to the Town of Sellersburg!” 

“This announced growth from Rush Group Limited is yet another nod to our region’s unparalleled manufacturing and logistics advantage,” says John Launius, Vice President and Director of Economic Development at One Southern Indiana (1si). “Rush Group Limited and their affiliated companies offer a tremendous and growing value to their customers, and we are honored they have chosen the Town of Sellersburg and our entire region to invest.”

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.  

 

Contact: 

Rush Group Limited, LLC
Aaron River
Aaron.Rivers@rushgroup-ltd.com
502-710-9970
 

One Southern Indiana 
Brittany Schmidt, Content Marketing and Media Relations Manager 
BrittanyS@1si.org  
812-945-0266 

 

Gov. Holcomb announces Canadian Solar building new $800M solar cell manufacturing facility in Southeast Indiana

by with No Comment 1si News1si Press ReleaseEconomic Development

Company’s investment will add 1,200 jobs, produce 5GW annually at River Ridge Commerce Center in Jeffersonville, powering solar energy across U.S.

JEFFERSONVILLE, Ind. October 30, 2023– Governor Eric Holcomb today announced plans for a new solar photovoltaic (PV) cell production facility in Indiana. Canadian Solar’s new plant, which will be the company’s second solar module production facility in the U.S., will create approximately 1,200 new jobs in Jeffersonville over the next several years. 

“Indiana’s strong advanced manufacturing sector positions the state to help lead the global energy transition, developing and powering new solutions in batteries, solar and hydrogen,” said Gov. Holcomb. “Canadian Solar’s new U.S. location in Jeffersonville will put our skilled Hoosier workforce at the center of cultivating solar power, making energy efficient panels more accessible to consumers across the country.”

Canadian Solar, an integrated provider of solar power products, services and system solutions, will invest a projected $800 million to construct and equip a state-of-the-art PV cell manufacturing plant at the River Ridge Commerce Center in Jeffersonville. The new plant will produce an annual output of 5GW – equivalent to approximately 20,000 high-power solar panels per day – and ship the finished cells to the company’s new module assembly facility in Texas, announced earlier this year. Production is expected to begin by the end of 2025. 

“Establishing this factory is a key milestone that will enable us to better serve our U.S. customers with the most advanced technology in the industry,” said Dr. Shawn Qu, founder and CEO of Canadian Solar, emphasizing the importance of this new facility. “This is the second of the anticipated long-term investments we expect to make in the U.S. as we think strategically about a sustainable and resilient clean energy supply chain. We thank the state of Indiana, Clark County, and the city of Jeffersonville for their critical support and we look forward to working with them as we grow.”

Canadian Solar plans to begin hiring for new positions in mid-2024 and will ramp up hiring in early 2025 to fully staff the Jeffersonville plant. This facility joins the global manufacturing facilities in Canada, China, Brazil, Vietnam and Thailand.

“The city of Jeffersonville is pleased that Canadian Solar has chosen River Ridge Commerce Center as home for their newest critical production facility in the United States,” said Jeffersonville Mayor Mike Moore. “Not only are they making a large financial investment into our community, but they will also become one of the largest single-site employers in the Greater Louisville region. When in full production, their total employment base will include over 150 engineers at this facility. We are thrilled to see a global industry leader join our community and provide a product with enormous potential.”

“This is a historic investment in River Ridge and Southern Indiana,” said Jerry Acy, executive director of the River Ridge Development Authority. “The technologies of the future are being built right here at River Ridge, I want to thank Dr. Shawn Qu and his team at Canadian Solar for their commitment to our region. We look forward to a successful partnership that will launch the next generation of solar power.”

Based on the company’s job creation plans, the Indiana Economic Development Corporation committed an investment in Canadian Solar of up to $9.7 million in the form of conditional tax credits and up to $400,000 in conditional training grants. The IEDC also committed an investment of up to $2 million in conditional redevelopment tax credits based on the company’s investment plans and up to $200,000 in Manufacturing Readiness Grants. These incentives are performance-based, meaning the company is eligible to claim state benefits once investments are made and employees are hired and trained. The City of Jeffersonville and the River Ridge Development Authority offered additional incentives.

                                                                         – 30 –

About Canadian Solar Canadian Solar was founded in 2001 in Canada and is one of the world’s largest solar technology and renewable energy companies. It is a leading manufacturer of solar photovoltaic modules, provider of solar energy and battery storage solutions, and developer of utility-scale solar power and battery storage projects with a geographically diversified pipeline in various stages of development. Over the past 22 years, Canadian Solar has successfully delivered around 88 GW of premium-quality, solar photovoltaic modules to customers across the world. Likewise, since entering the project development business in 2010, Canadian Solar has developed, built and connected around 8.8 GWp in over 20 countries across the world. Currently, the Company has approximately 574 MWp of projects in operation, 6.7 GWp of projects under construction or in backlog (late-stage), and an additional 18 GWp of projects in advanced and early-stage pipeline. Canadian Solar is one of the most bankable companies in the solar and renewable energy industry, having been publicly listed on the NASDAQ since 2006. For additional information about the Company, follow Canadian Solar on LinkedIn or visit www.canadiansolar.com

International Restaurant Chain Announces New Bakery and Distribution Hub in Southern Indiana

by with No Comment 1si News1si Press ReleaseEconomic Development

The Cheesecake Factory Incorporated will open a large-scale bakery to distribute its iconic desserts. 

Charlestown, IN. (October 25, 2023) 

Charlestown is welcoming a high-profile name to its community. The Cheesecake Factory Incorporated, an industry-leading restaurant, is opening a large bakery for manufacturing and distributing its iconic cheesecake and other desserts to operators, retailers, and distributors. The bakery and operations will be housed in the River Ridge Commerce Center and will invest over $74 million into the land, construction, machinery, fixtures, and IT. By 2025, the bakery and distribution operations should have more than 200 employees, making an average wage higher than the Clark County average.  

The Cheesecake Factory, known for its extensive menu, is a leader in experiential dining. The company has more than 300 restaurants in the United States and Canada across its portfolio of concepts and operates two bakery facilities in the United States. They were named to the FORTUNE Magazine’s “100 Best Companies to Work For®” list for the 10th consecutive year in 2023. The bakery’s role is to produce high-quality cheesecake and desserts for the company’s restaurants and licensees as well as third-party customers.  

“We are very pleased to locate our new bakery production facility in Charlestown, Indiana,” said David Overton, Founder, Chairman and CEO of The Cheesecake Factory Incorporated.  “This year is the 51st anniversary of my parents opening the first Cheesecake Factory Bakery, and it also marks the 45th anniversary of opening our first restaurant in Beverly Hills.  Over the last half-century our desserts have developed a reputation around the world, and we are so pleased that we’ll have a third bakery production facility to support our domestic and international growth into the future.”   

Based on the company’s job creation plans, the Indiana Economic Development Corporation (IEDC) committed to an investment in The Cheesecake Factory Bakery of up to $2.6 million in the form of conditional tax credits and up to $100,000 in conditional training grants. These incentives are performance-based, meaning the company is eligible to claim incentives once Hoosiers are hired and investments are made. River Ridge Commerce Center is also offering tax savings of approximately $6.3 million on real and personal property and will be making additional road improvements to support the project.  

“Indiana’s strengths in agbioscience and manufacturing make our state the ideal destination to help companies like The Cheesecake Factory to develop products and serve customers across the country,” said Ann Lathrop, chief strategy officer at the IEDC. “As a state, we’re committed to advancing economic and community development in all communities across Indiana. This new investment will accelerate industry growth in Charlestown and the surrounding southeast Indiana region, creating new jobs and new opportunities for Hoosier families to prosper.” 

“What an amazing opportunity for the City of Charlestown and the region,” said Mayor Treva Hodges. “We are excited to be the third production site for The Cheesecake Factory’s bakery operations, and can’t wait to see the community impact their investment will bring our growing area.   

“This commitment by The Cheesecake Factory to bring its bakery production facility to River Ridge is a major moment for the commerce center and exemplifies the investment and rapid growth we’re creating on the Charlestown side of River Ridge,” said Jerry Acy, River Ridge Development Authority Executive Director. “It is truly a pleasure working with David Overton and his team at The Cheesecake Factory, I am proud of what this partnership brings to Southern Indiana and the region.”

“This is a huge win for the City of Charlestown and the Southern Indiana region,” added John Launius, Vice President and Director of Economic Development for One Southern Indiana.  “It is exciting for us to be the newest home to a company with great name recognition and a stellar international reputation for service and quality.  The company’s growth trajectory will benefit Southern Indiana families for decades to come.” 

About The Cheesecake Factory Incorporated 

The Cheesecake Factory is a leader in experiential dining. We are culinary forward and relentlessly focused on hospitality. Delicious, memorable experiences created by passionate people – this defines who we are and where we are going. We currently own and operate 324 restaurants throughout the United States and Canada under brands including The Cheesecake Factory®, North Italia® and a collection within our Fox Restaurant Concepts business. Internationally, 31 The Cheesecake Factory® restaurants operate under licensing agreements. Our bakery division operates two facilities that produce quality cheesecakes and other baked products for our restaurants, international licensees and third-party bakery customers. In 2023, we were named to the FORTUNE Magazine “100 Best Companies to Work For®” list for the tenth consecutive year. To learn more, visit www.thecheesecakefactory.com, www.northitalia.com and www.foxrc.com. 

From Fortune ©2023 Fortune Media IP Limited. All rights reserved. Used under license. Fortune and Fortune 100 Best Companies to Work For are registered trademarks of Fortune Media IP Limited and are used under license. Fortune and Fortune Media IP Limited are not affiliated with, and do not endorse products or services of, The Cheesecake Factory Incorporated. 

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. 

Contact: 
The Cheesecake Factory Incorporated 
Investors  
Etienne Marcus 
818-871-3000 
investorrelations@thecheesecakefactory.com  

Media
Berk Communications
Brooke Levine / Gabrielle Gaines
732-735-5982 / 917-991-8354 
cheesecake@berkcommunications.com

One Southern Indiana 
Brittany Schmidt, Content Marketing and Media Relations Manager 
BrittanyS@1si.org  
812-945-0266 

 

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One Southern Indiana Launches Search to Find New President and Chief Executive Officer

by with No Comment 1si News1si Press Release

Waverly Partners, a nationwide executive search firm, has completed the profile for interested candidates.

New Albany, IN (October 24, 2023) – The Board of Directors of One Southern Indiana (1si) has begun the search for the next President and Chief Executive Officer, retaining Waverly Partners as its executive search firm.  Waverly Partners serves chambers and economic development organizations throughout the country and is the preferred provider of executive search services for the Association of Chamber of Commerce Executives.  Bryan Wickens, Executive Vice President/General Counsel of MAC Construction & Engineering and current 1si Board Chair, will head up the 10-member search committee working with Waverly Partners to identify qualified local, regional, and national candidates. 

“Our committee has developed a Position Profile with the experience and leadership characteristics of our preferred candidate,” said Wickens.  “We are open to executives with backgrounds in economic development, chambers of commerce, business associations, other kinds of nonprofits, private sector, or related experience with a commitment to our mission of economic growth and business advocacy in our region.”  A summary of the CEO position is available on 1si’s website.

Wendy Dant Chesser, 1si’s current CEO, who has led the organization for the past ten years, has accepted a role with the River Ridge Development Authority in Jeffersonville.  The Board is now embarking on a national search to identify a new CEO who can lead the organization to new levels of success.  

For more information about the search or to express interest in the position or make a recommendation, please contact Waverly Partners consultants Eric Peterson and Debbie Galbraith at 1si@Waverly-Partners.com;  all inquiries will be held in confidence.

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.

Contact:
Brittany Schmidt
Content Marketing and Media Relations Manager
BrittanyS@1si.org
812-945-0266

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CEO POSITION SUMMARY