One Southern Indiana’s ONE Fund Program Approves New Loan for Chapman Funeral Home.

by with No Comment 1si News1si Press Release

One Southern Indiana’s Microloan Program Facilitates Change in Ownership of Chapman Funeral Home.

[Clarksville, Indiana] May 31, 2023- One Southern Indiana (1si) is pleased to announce the successful approval of a new loan through The ONE Fund Loan Program. This loan will support the purchase of Chapman Funeral Home, the only funeral home in Clarksville.

Established in 1951, Chapman Funeral Home has shown dedication to providing compassionate services, offering families a personalized and enduring tribute for their loved ones. Todd Watts, the new owner, expressed his gratitude for the loan, stating, “This additional working capital has empowered me to expand my business and better serve our community.”

Town of Clarksville officials express their strong support for The ONE Fund Loan Program and its contribution to the local business community. Clarksville Town Manager Kevin Baity stated, “We are proud to partner with 1si in their efforts to bolster small businesses in our area. Funding for The ONE Fund comes from partnerships with local municipalities committed to the growth and success of our local small businesses, and to help them thrive in Clarksville.  We believe in the power of entrepreneurship and the positive impact it has on our community’s economic development.”

Rachael Armstrong, Small Business Navigator at 1si and the Indiana Small Business Development Center, also shared her enthusiasm for Chapman Funeral Home’s growth and the positive impact of The ONE Fund Loan Program on local businesses. She stated, “We are thrilled to witness Chapman Funeral Home’s commitment to expanding its services for the community. At 1si, our objective is to continue supporting local business start-ups and growth opportunities. The loan extended to Chapman Funeral Home exemplifies the program’s success in helping small businesses achieve their goals.”

About The One Fund
The ONE Fund was created by One Southern Indiana in 2022 to provide small business owners in the Indiana counties of Clark, Floyd, Jefferson, Scott, and Washington with the capital required for start-up and growth initiatives.  The Fund provides microloans to small businesses as their “lender of last resort” in order to support small businesses as they work toward stability and bankability. For more, visit www.1si.org/funding.

About Chapman Funeral Home
The caring and experienced professionals at Chapman Funeral Home are here to support you through this difficult time.  We offer a range of personalized services to suit your family’s wishes and requirements.  You can count on us to help you plan a personal, lasting tribute to your loved one. And we’ll carefully guide you through the many decisions that must be made during this challenging time.

For Additional Information:

Wendy Dant Chesser
President and CEO
Phone: (812) 945-0266
Email: wendy@1si.org 

Todd Watts
Owner, Chapman Funeral Home
Phone: (812) 283-7110
Email: chapmanfuneralhome47129@gmail.com

 

 

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Bluegrass Supply Chain Services to Invest Over $16 Million in Jeffersonville. 

by with No Comment 1si News1si Press ReleaseEconomic Development

NEW ALBANY, IN (May 15, 2023) Southern Indiana continues to build on its momentum in the logistics industry, as Bluegrass Supply Chain Services, LLC and Bridgeport Partners REIG, LLC announce plans for a new facility at 1205 Bridgeport Drive in Jeffersonville, Indiana.  The Bowling Green, Kentucky-based companies plan to invest $15,931,000 in the new facility, along with an additional investment of $835,000 in machinery and equipment.  The new facility will add up to 25 new employees at an average hourly wage of $27.22, which is above the average hourly wage for Clark County, Indiana.   

“We’re extremely excited to bring this new, state-of-the-art logistics center to Jeffersonville,” said John Higgins, CEO of Bluegrass Supply Chain Services, LLC and Bridgeport Partners REIG, LLC. “Supply chain management, logistics, and advanced innovation plays a critical role in the economic health and vibrancy of our country.  This new facility positions us to combine the best of breed technology with integrated solutions to continue playing a key part in this vital area.  We appreciate all the efforts made from the State of Indiana, the City of Jeffersonville, and One Southern Indiana to help us expand our footprint and our workforce with job wages at or above the Clark County average.”

The company was approved for over $1.3 million in tax abatements from the City of Jeffersonville, including $1,299,680 in real estate taxes over the next five years, and $11,693 in personal property taxes over the same period, as approved by the Jeffersonville City Council during its May 1 meeting. The Indiana Economic Development Corporation (IEDC) is supporting this project by expanding their existing 2018 incentives to incorporate this additional investment in Indiana. 

“We’re thrilled to partner with Bluegrass Supply Chain Services on this project,” said Jeffersonville Mayor Mike Moore.  “It’s yet another example of Jeffersonville’s vibrant business climate, and further evidence of our quality resident workforce in the area which supports economic growth across our region.  We look forward to assisting in any way we can to bring this exciting project to fruition.”

Wendy Dant Chesser, President and CEO of One Southern Indiana said, “This is wonderful news for Jeffersonville and Southern Indiana.  We continue to attract dynamic companies at the forefront of their industries, and with their focus on innovation, technology and continuous improvement in logistics, Bluegrass Supply Chain Services is certainly no exception.  1si is delighted to be a part of this process, and we look forward to watching their progress.”   

About Bluegrass Supply Chain Services
Bluegrass Supply Chain Services offers a full suite of value-added warehousing services and transportation management solutions to enhance operational efficiency. By offering expanded capabilities and capacity, reducing time touch and travel, and improving on-time performance, they help companies expand their customer base, venture into new markets, and create positive consumer experiences, so they can focus on core business and becoming more competent, and competitive, in the market. 

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:

Wendy Dant Chesser
President & CEO, One Southern Indiana
Wendy@1si.org
812.945.0266

John Higgins
CEO
Bluegrass Supply Chain Services, LLC
Bridgeport Partners REIG, LLC
jhiggins@bsc3pl.com
270.535.7010

FOR IMMEDIATE RELEASE: ONE Fund program approves 9 New Albany businesses for relief loans.

by 1si News1si Press Release

ONE Fund program approves 9 New Albany businesses for relief loans.
New Albany Central District Loan Program is a collaboration between One Southern Indiana, the City of New Albany, Floyd County and the Caesar’s Foundation of Floyd County.

NEW ALBANY, IN – The combination of the Sherman Minton Bridge Renewal Project and the Main Street Revitalization project is hampering customers’ ability to access businesses within the Central Business District of the City of New Albany, affecting those businesses’ short-term revenue and long-term viability.  In partnership with the City of New Albany, Floyd County, and the Caesars Foundation of Floyd County, The ONE Fund established the New Albany Central Business District Loan Program (NACBDLP) to assist these impacted businesses within the downtown core.

To date, nine businesses have been approved for financing through the program, including Alex and Kate Boutique, Dress & Dwell, New Albany Sugar Shoppe, Primos Detail Plus, Regalo, Royal Couture Treats Boutique and three other businesses.  Eight of the loans have closed, with one still pending.

“Projects like the revitalization of Main Street and the Sherman Minton Bridge will greatly enhance our central business district in the long run, but we recognize the effect that these projects are having on the businesses who are the heartbeat of downtown,” said At-Large City Councilmember Jason Applegate.  “We’re pleased to be a partner in this program that offers interest-free, short-term loans to help provide relief from the impact of construction.”

Eligible businesses must be physically located within the Central Business District of the City of New Albany, have 50 or fewer employees and meet other criteria.  Proceeds from the 36-month, zero-interest loans must be used for overhead and operational expenses such as payroll, rent and utilities.

Floyd County contributed to 1si’s ONE Fund for small businesses and approved converting their contribution for the NACBDLP.  Dr. Al Knable, Floyd County Commissioner, stated, “The ONE Fund altering its direction to help those businesses with a pressing need makes sense, and Floyd County is pleased to support this action with the funds we contributed.  We know that thriving small businesses are a critical element to economic, tourism and population growth, and we proudly support those facing this unique challenge.”

“Part of our mission and mandate is to make investments which encourage economic development in Floyd County and benefit the community,” said Josh Kornberg, Executive Director of the Caesars Foundation of Floyd County.  “Partnering with the City, County and One Southern Indiana to assist these businesses impacted by projects that are outside their control fits neatly into that mission.  We’re excited to be a part of this loan program.”

Wendy Dant Chesser, president and CEO of One Southern Indiana, which administers The ONE Fund, added, “Situations like this one are perfectly suited to The ONE Fund, which exists to assist businesses who may not easily fit into standard lending guidelines or circumstances.  We’re proud to work in a community where partners like the City of New Albany, Floyd County Government and Caesars Foundation of Floyd County come together with One Southern Indiana to meet such an unexpected need and help these businesses until construction is no longer having such an impact.”

About The One Fund
The ONE Fund was created by One Southern Indiana in 2022 to provide small business owners in the Indiana counties of Clark, Floyd, Jefferson, Scott and Washington with the capital required for start-up and growth initiatives.  The Fund provides microloans to small businesses as their “lender of last resort” in order to support small businesses as they work toward stability and bankability.

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:
Wendy Dant Chesser, One Southern Indiana
Wendy@1si.org  |  812.945.0266

One Southern Indiana Builds a Deeper Bench

by 1si News1si Press Release

FOR IMMEDIATE RELEASE

4100 Charlestown Rd.
New Albany, IN 47150
812.945.0266
www.1si.org

One Southern Indiana Builds a Deeper Bench.
Talented professionals committed to serving the region’s business and economic needs

NEW ALBANY, IN. (September 29, 2022)

As One Southern Indiana (1si) continues to extend its reach and influence throughout the region, the chamber of commerce and economic development organization has attracted a number of new team members. 1si’s mission is to help businesses innovate and thrive in the region. Its team of talented professionals serve businesses and the community in building upon the great momentum of economic vitality.

John T. Launius will be transitioning to the role of 1si’s Vice President, Director of Economic Development after serving Ivy Tech Community College in Sellersburg in both development and career coaching and employer connections positions.

“Ivy Tech Community College is thankful for the incredible impact John has made on our campus. His leadership and knowledge of workforce trends have been extremely helpful in moving our campus forward and he has done a tremendous job working with our donors and community stakeholders,” stated Dr. Travis Haire, Chancellor of Ivy Tech’s Sellersburg campus. “We are very excited to collaborate in his new role at One Southern Indiana as we collectively work to enhance our region’s quality of place and economic competitiveness.”

In his new role, John will direct activities focused on growing the business community, including business attraction, retention and expansion, as well as planning for future economic needs. Prior to serving in higher education, John worked in regional economic development activities for Greater Louisville, Inc.

Amber Miller has been promoted to the position of Director of Engagement after serving as 1si’s Manager of Events and Special Programs, where she excelled in expanding the organization’s offerings, including many new virtual options during the global pandemic. In her new position, Amber will be taking the lead on developing, building and maintaining relations with 1si’s investors, members and customers.

Jon Pollock joined the 1si team last month as the Director of Programs, Events and Groups. Jon has extensive experience in managing all aspects of public and private events from his previous positions, most notably with Indiana University Southeast and the Kentucky Derby Festival. Jon earned his Certified Festival and Event Executive credential through the International Festivals and Events Association in 2016.

Melissa Sprigler also came on board in August as the 1si Business Resources Coordinator, where she will interface with 1si members at events, programs and workshops, as well as managing the 1si Ambassador program and coordinating ribbon cuttings and groundbreakings for new businesses. Melissa most recently worked as the Business Manager for Clinique in Clarksville.

Vanessa Braswell joined the 1si team last week as the Operations Coordinator where she will use her customer service skills in addressing the needs of members, vendors and customers. Her teammates – or internal customers – will also benefit from her knowledge with database utilization and communications details. Vanessa comes to us most recently from Millennial Title after several years in the real estate profession.

Matthew Zicher will also join the 1si team as of October 1 as the organization’s Member Relationship Manager. In this role, Matt will focus on growing and retaining 1si’s members by connecting them to resources that will help them with their businesses. Matt most recently worked for Wetterer & Co, and at CSC, where he directed many aspects of event management at some of the region’s biggest events.

Wendy Dant Chesser, President and CEO of One Southern Indiana, enthusiastically noted, “We are excited about the economic opportunities on the horizon in Southern Indiana, and adding this talented group of professionals to our existing team gives us added capacity to maximize the growth we see ahead for our businesses and communities.”

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:

Wendy Dant Chesser
President & CEO, One Southern Indiana
Wendy@1si.org
812-945-0266

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RxLightning to Expand with Headquarters in New Albany

by 1si News1si Press ReleaseEconomic Development
Southern Indiana technology company is positioned to transform patient care in the U.S.

NEW ALBANY, IN. (September 27, 2022)

In another sign of Southern Indiana’s growing appeal to the tech industry, RxLightning, an award-winning technology company, is establishing expanded headquarters in downtown New Albany, expecting to add up to 175 new jobs over several years paying nearly twice the average wage in Floyd County.  The company will invest heavily in software, hardware, and more in a three-story historic building at 227 Pearl Street, at the corner of Market and Pearl in New Albany.

RxLightning’s platform streamlines the specialty drug enrollment process for both doctors and patients, reducing paperwork and cutting the enrollment time from weeks to hours. The digitized, single solution, which is free for providers and patients, supports more than 1,200 specialty medications, helping patients get access to the treatments they need even faster. RxLightning has been named one of the fastest growing companies in Louisville by Louisville Business First, and the company received the tech product of the year and startup of the year awards at the 2022 TechPoint Mira Awards earlier this year.
“This is an incredibly exciting move for RxLightning,” said Julia Regan, co-founder and CEO of RxLightning. Our new expanded headquarters will allow us to continue our growth and work collaboratively to accelerate the speed at which patients get access to medicine they need.  The State of Indiana, the City of New Albany and One Southern Indiana have been amazing partners in this endeavor.  We considered other locations, but we’re thrilled to remain here in southern Indiana.”

Pending approval from the Indiana Economic Development Corporation (IEDC) board of directors, the IEDC will commit an investment in RxLightning of up to $4 million in conditional tax credits based on the company’s creation plans. The tax credits are performance-based, meaning RxLightning is eligible to claim incentives once Hoosiers are hired. In addition, the City of New Albany offered RxLightning training grants totaling $120,000 equally divided over five years.

“This news represents another milestone for the city and the region,” said Jeff Gahan, Mayor of the City of New Albany. “We welcome RxLightning to our downtown as they continue to build on their success and growth.”

“RxLightning is a perfect example of how Indiana innovators are advancing the industries of the future,” said Indiana Secretary of Commerce Brad Chambers. “The company’s solutions, powered by skilled and hardworking Hoosiers, are helping patients access life-saving treatments. Indiana is a leader in medical devices and pharmaceuticals, and now we’re the ideal destination for growing health tech companies like RxLightning.”

Wendy Dant Chesser, President and CEO of One Southern Indiana said, “RxLightning CEO Julia Regan was selected last month as an Endeavor Entrepreneur through a unanimous vote at the 94th International Selection Panel (ISP) held in Greece, the first woman in the Midwest to achieve that honor.  Her company’s growth continues to be remarkable,

and her commitment to this region is a testament to the ongoing vitality of southern Indiana. As always, 1si has been delighted to be a part of this process, and looks forward to assisting in any way we can.”

About RxLightning

RxLightning was co-founded by CEO Julia Regan and CTO Brad Allen to create a world where every patient gets accelerated access to the therapies they need, through the creation of a single destination for specialty prescriptions that makes the enrollment process easy, automated and as seamless as possible.  The free-to-provider digital platform streamlines the specialty medication enrollment process in every therapeutic area to reduce paperwork, eliminate mistakes, streamline communication and accelerate the time to life-altering therapies for patients.

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 and Advocacy. For more information on One Southern Indiana, visit www.1si.org.

Contact:     

Mary Jo Wallin-Orlowski
Director of Business Retention, Expansion and Talent
maryjo@1si.org
812-945-0266

Julia Regan
Founder and CEO, RxLightning
julia@rxlightning.com
1-855-485-0579

HealthTrackRx to Expand with Site in Clarksville

by 1si News1si Press ReleaseEconomic Development

FOR IMMEDIATE RELEASE

HealthTrackRx to Expand with Site in Clarksville

Texas-based clinical laboratory plans to invest nearly $3.5 million in high-tech testing laboratory

NEW ALBANY, IN. (September 20, 2022)
Southern Indiana continues to expand its presence in the fast-growing medical technology industry as HealthTrackRx, the nation’s leading PCR laboratory, announces plans for a 10,000 sq. ft. facility at 706 East Lewis and Clark Parkway in Clarksville. In this initial facility, the Texas company projects a total capital investment of $3,463,244, which will result in up to 63 new full-time positions paying well above the average wage in Clark County, with additional expansion opportunity.

HealthTrackRx is the nation’s leading molecular PCR-based infectious disease laboratory. In a global environment threatened by growing antimicrobial resistance, rapid diagnoses matter. HealthTrackRx sets the pace for industry-leading laboratory operations through unparalleled turnaround time, yielding insights that mobilize accurate clinical decisions. With over 20 years in the clinical laboratory industry, HealthTrackRx provides services to thousands of clinicians nationwide.

“This is an important strategic investment for HealthTrackRx,” said Martin Price, CEO for the company. “As part of our commitment to delivering next day results to patients anywhere in the country, HealthTrackRx is building this new testing laboratory near UPS Worldport. The State of Indiana, the Town of Clarksville and One Southern Indiana (1si) have been terrific partners in helping us establish our presence in the region.”

Based on the company’s job creation plans, the Indiana Economic Development Corporation (IEDC) committed an investment of up to $725,000 in HealthTrackRx through incentive-based tax credits. The tax credits are performance-based, meaning HealthTrackRx is eligible to claim incentives once Indiana residents are hired. In addition, the Town of Clarksville is offering the company a five-year forgivable loan in the amount of $110,000.

“We couldn’t be more grateful that HealthTrackRx chose to grow their business in Indiana among a world of options,” said Ann Lathrop, IEDC executive vice president of global investment. “Indiana welcomes the company’s industry expertise and looks forward to supporting them as they provide high-tech, high-quality career opportunities for Hoosiers in southern Indiana.”

“This is a major milestone for the Town of Clarksville and for the region,” said Kevin Baity, Town Manager for the Town of Clarksville. “We look forward to working with the team at HealthTrackRx as they build on their success and establish a presence in southern Indiana.”

Wendy Dant Chesser, President and CEO of One Southern Indiana enthusiastically concurred, noting, “Southern Indiana is quickly becoming a hub for manufacturing and technology, including medical technology. The decision by HealthTrackRx to open a facility in Clarksville is added confirmation of the region’s appeal for companies like theirs. HealthTrackRx is a welcome addition to the impressive array of businesses who have chosen to locate or expand here. As always, 1si is delighted to be a part of this process and looks forward to assisting in any way we can.”

About HealthTrackRx
HealthTrackRx is the nation’s leading PCR-based infectious disease laboratory, delivering industry-leading testing turnaround times to healthcare providers nationwide. For more than 20 years, the company has enabled accurate clinical decisions through its testing platform, advancement in pathogen detection and identification, antimicrobial stewardship leadership, and value-based care programs. For more information, visit HealthTrackRx at healthtrackrx.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:
Wendy Dant Chesser
President & CEO, One Southern Indiana
Wendy@1si.org
812-945-0266

Ben Favret
HealthTrackRx
ben.favret@healthtrackrx.com

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One Southern Indiana Partners with National Health Insurance Provider to Reintroduce Insurance Under ONE Health Plan for Members

by 1si News1si Press Release

NEW ALBANY, IN. (September 9, 2022)

One Southern Indiana and UnitedHealthcare announced the launch of 1si’s revitalized partnership program, Insurance Under ONE. By joining with a national carrier, this program makes health insurance affordable for member employers with two or more employees.

“While Insurance Under ONE is available to all members, we anticipate it will be companies with 50 or fewer employees who will benefit the most,” said Scott Thompson, UnitedHealthcare Director of Sales.  We’re proud to partner with 1si to bring this to their member companies.”

Health insurance is the top requested benefit employees want from their employers.  This plan, in a partnership created by 1si and the nation’s largest insurer UnitedHealthcare, will give 1si small business members access to big-business employee health benefits at competitive rates.  This plan has a robust provider network with access to physicians, healthcare professionals, and hospitals.

All 1si members, from the small business to the largest corporations, will have access to Insurance Under ONE, potentially covering as many as 170,000 individuals across the region. Insurance Under ONE will be available to market and sell for all insurance agents. 

“There is no greater challenge in business today than workforce attraction and retention,” said 1si President and CEO Wendy Dant Chesser.  “That’s really amplified for smaller companies.  Insurance Under ONE helps those businesses offer the health benefits they need to attract and keep good employees.  That’s why our team at 1si has made it such a priority — and why we’re delighted to partner with UnitedHealthcare to bring this crucial benefit to our members.”

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:         

Lisa Brooking

Chief Revenue Director

lisab@1si.org

812-945-0266

CyberDome America LLC considers $7.6 Million investment in Jeffersonville IN

by 1si News1si Press ReleaseEconomic Development

FOR IMMEDIATE RELEASE: August 31, 2022

4100 Charlestown Rd.
New Albany, IN  47150
812.945.0266
www.1si.org

CyberDome America LLC considers $7.6 Million investment in Jeffersonville IN

Cutting-edge programs could provide practical training, certifications, and cyber security solutions

JEFFERSONVILLE, IN – In yet another example of Southern Indiana’s rapidly growing status as a technology hub, CyberDome America LLC announced it is considering an investment of $7.6 million in Jeffersonville.   The company’s planned location at 1804-1806 East Tenth Street in Jeffersonville will serve as the main campus for a cybersecurity technology training academy, offering hands-on programs certified by established universities in this space. The proposed project plans to employ nearly 400 people that would also provide ‘security-as-a-service’ to regional industry.
Focused on filling a part of the gap of almost 3 million cybersecurity workers needed by US industry, CyberDome America will provide robust, hands-on skills in cybersecurity and digital technologies.  As the region continues to become a manufacturing powerhouse, demand for trained professionals who can set the pace in advanced cybersecurity, smart manufacturing, personalized healthcare devices, supply chain management and other technologies will only increase.  CyberDome America has positioned itself to provide those skills and train the next generation of digital professionals.
“The Southern Indiana region was at the forefront of traditional 20th century manufacturing and is now poised for digital transformation to 21st century enterprises,” said author and CyberDome America founder and CEO Suresh Sharma.  “Unfortunately, the curriculum in our schools and colleges is largely still academic.  Even our trade schools and community colleges are beginning to evolve to respond to this huge gap in workforce. It is important to recognize that a digital world needs cybersecurity to protect itself from hackers. New competencies in digital technologies are essential for 21st century industries. These will create a new wave of higher paying jobs too, especially in the area of cybersecurity.”

“CyberDome America is a welcome addition to the growing array of companies choosing Jeffersonville to locate or expand,” said Jeffersonville Mayor Mike Moore.  “This company’s decision to invest in an existing building on 10th Street shows that all parts of the City are benefiting from our work in creating the ideal business climate for the 21st century.  CyberDome America will greatly enhance our region’s technological capabilities and workforce, and we are excited about their growth potential.”  

Pending approval of the Indiana Economic Development Corporation (IEDC) board of directors, the IEDC will commit an investment in CyberDome America LLC of up to $5 million in the form of conditional tax credits based on the company’s job creation plans.

“Indiana continues to be laser-focused on making our state the best place for businesses like CyberDome America to launch and grow,” said Ann Lathrop, IEDC executive vice president of global investment. “Not only will the jobs they bring pay above the average Clark County wage, but the professionals they train will help other businesses across the state become more secure. These are the types of investments the state is working to secure as we build our economy of the future.”

Wendy Dant Chesser, president and CEO of One Southern Indiana, concurred.  “As automation and digital technology continue to drive the manufacturing boom across our region, cybersecurity has become a leading priority.  CyberDome America is a welcome addition to our portfolio of technology companies, and a leap forward in helping all our businesses prepare for an increasingly digital future.”  

ABOUT CYBERDOME AMERICA LLC

The company provides end-to-end cybersecurity solutions including workforce development for the 21st century. CyberDome’s hands-on programs create vocationally trained people that are essential to safely operate your business in a digital world. CyberDome also provides around the clock ‘cybersecurity-as-a-service’ for the specific needs of small-medium-enterprises (SMEs), healthcare, critical public infrastructure and utilities, local government and municipalities, as well as the food and beverage industries.  For more, visit cyberdomeusa.com

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.

 

Contact:

Wendy Dant Chesser, President & CEO

One Southern Indiana

(812) 945-0266

Amatrol, Inc., Considers Expansion of Jeffersonville Location

by 1si News1si Press ReleaseEconomic Development

Amatrol, Inc., Considers Expansion of Jeffersonville Location
Plan Calls for 30 New, Full-Time Positions by the End of 2025

JEFFERSONVILLE, IND. (July 27, 2022) – Today, officials from One Southern Indiana (1si), the chamber of commerce and economic development organization for Clark and Floyd counties, Ind., announced Amatrol, Inc.’s interest in expanding operations at an adjacent location in the North Port Business Centre at the former Key Electronics building at 2533 Centennial Boulevard, in Jeffersonville, Ind.

The proposed project would add 100,000 square feet or a 65 percent increase to the company’s current operations. The acquisition of the facility would accommodate the company’s growth in domestic and international markets, as well as the introduction of new product lines in smart automation and HVAC hands-on training equipment and e-learning software. Plans call for the hiring of an additional 30 full-time positions with wages above the Clark County average.

Amatrol, Inc., President Paul Perkins said, “Amatrol now has a plan which, with the support of local and state governments, will allow us to expand our facility to accommodate more clients in new and innovative ways. We are very energized about the possibilities and look forward to working with One Southern Indiana, the City of Jeffersonville and other partners to achieve this goal.”

Company officials appeared this evening before the Jeffersonville Redevelopment Commission to request a tax abatement for the proposed $8.5 million expansion project’s qualifying investment. If approved by the Jeffersonville City Council on Monday, August 1st, the tax abatement will allow Amatrol, Inc., to phase in its property taxes over time.

Jeffersonville Mayor Mike Moore said, “The City of Jeffersonville is very pleased to see the continued improvements and capital investment at Amatrol, Inc. We believe this expansion project is indicative of area manufacturers’ confidence in the region and a national trend to train and skill-up the workforce, in general. As a manufacturer of training equipment, we feel confident Amatrol’s continued growth is a good barometer for the stability of the area’s manufacturing sector.”

Amatrol, Inc., has its origins as a department of Dynafluid, founded by Don and Roberta Perkins in 1978. Incorporated in 1981, the company’s current president, Paul Perkins, is the son of the original founders. The company designs, develops and manufactures technical training systems, highly- interactive eLearning, hands-on simulators and other equipment and software to train entry-level and transitioning employees for many diverse industries such as manufacturing, oil and gas, packaging, etc.

Based on the company’s job-creation plans, the Indiana Economic Development Corporation (IEDC) committed an investment of up to $250,000 in the form of incentive-based tax credits. The IEDC will also offer up to $50,000 from the Hoosier Business Investment (HBI) tax credit program based on the company’s planned capital investment in Indiana. These tax credits are performance-based, meaning the company is eligible to claim incentives once Hoosiers are hired and trained.

“We’re thrilled to see the success Amatrol, Inc., is having in Jeffersonville. As a state, we’ll continue to support the company’s growth in the years to come,” said Ann Lathrop, IEDC’s executive vice president of global investments. “This innovative company aims to transform the global workforce with its learning solutions and is making a positive impact in the community by offering quality career opportunities for Hoosiers.”

“Amatrol, Inc., is an internationally recognized, award-winning company that is not only a good community and philanthropic partner in Southern Indiana but also a representative of the best our business community has to offer,” said 1si President and CEO Wendy Dant Chesser. “We are so pleased to assist the company and its president, Paul Perkins, with their growth and will work to assist Amatrol in any way possible.”

About Amatrol, Inc.:
Amatrol is the world’s leader in skills-based, interactive technical learning. With a mission to “transform the global workforce one life at a time,” Amatrol creates innovative learning solutions for industry and education to equip technicians and operators with the skills they need to adapt and thrive in a rapidly changing workplace. Based in Jeffersonville, Indiana, Amatrol is an ISO 9001:201- certified company that has won numerous awards such as the Business First Small Business of the Year and the President’s “E” Award for Exports by the United States Department of Commerce. For more information, visit www.amatrol.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 provide the connections, resources and services that help businesses innovate and thrive in the Southern Indiana / Louisville metro area.

Since its inception, the organization has evolved to include a three-prong approach to serve its members and investors. Business Resources, as the chamber side of the organization, encompasses membership, signature events and programs which support and encourage business growth; Economic Development works to grow the regional economy through the attraction of new commerce and assists with retention and expansion of existing businesses; Advocacy supports businesses at the government level by engaging in the initiatives to preserve, protect and promote a business friendly environment free of obstacles to growth and development of commerce. For more information on One Southern Indiana, visit www.1si.org.

MEDIA CONTACTS:

Amatrol, Inc. – Paul Perkins – 812.288.8285; paul_perkins@amatrol.com
One Southern Indiana – 812.945.0266

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1si President and CEO Wendy Dant Chesser Named to Indiana 250

by 1si News1si Press Release

FOR IMMEDIATE RELEASE: July 26, 2022

1si President and CEO Wendy Dant Chesser Named to Indiana 250

NEW ALBANY – Wendy Dant Chesser, President and CEO of One Southern Indiana, has been named to IBJ Media’s inaugural Indiana 250, a list of the most influential and impactful leaders across the state in business, not-for-profits, government, philanthropy, and community organizations. “Most often, the people on this list have been involved across many sectors of their communities — using their influence and experience in business to help foundations, arts organizations, economic development groups and more do their jobs even better” noted Nate Feldman, CEO of IBJ Media.

While others from the Southern Indiana region were recognized in various categories, Wendy was honored in the Civic Leadership category. “I’m truly honored to be included in this inaugural Indiana 250 class,” she said, “mostly because of the amazing company I’m in. The list is truly a who’s who of leaders who are making a difference across our state. It’s very gratifying to be part of such an extraordinary group of individuals.”

“Nobody who lives or work in Southern Indiana is surprised by Wendy’s inclusion in the Indiana 250,” said One Southern Indiana Board Chair Laurie Kemp. “Her passion, professionalism and leadership continue to transform our region for the better. We’re thrilled to see her recognized statewide.”
Honorees were chosen by the IBJ Media team, who looked for Indiana residents who are making a difference locally, regionally, or statewide in business, philanthropy or community (preferably in all three). The search excluded elected officials. Candidates were nominated by readers and viewers, were noted from serving on boards, or through conversations with business and economic leaders from all parts of Indiana. Other honorees with Southern Indiana ties include Norman E. “Ned” Pfau, Jr., Bill Shrewsberry and Jeffrey Harrison, among others.

IBJ Media is the publisher of Indianapolis Business Journal, a weekly newspaper and daily news site about the Indianapolis region; Indiana Lawyer, a bi-weekly newspaper and news site covering the state’s courts and legal community; and Inside INdiana Business, the statewide business news TV, radio and digital media.

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:
Wendy Dant Chesser, CEcD | President, CEO
Wendy@1si.org | 812.945.0266