Multi-Color Corporation Announces Plan to Expand in Scottsburg, Ind.

by 1si News1si Press ReleaseEconomic Development

Multi-Color Corporation Announces Plan to Expand in Scottsburg, Ind.

Company Looks to Grow Operations and Workforce

Scottsburg, Ind. (February 5, 2021) – Representatives of One Southern Indiana (1si), working in support of the Scott County Economic Development Corporation, and Multi-Color Corporation, a label printing company located at 2281 South U.S. Highway 31, Scottsburg, will appear before the Scottsburg City Council on Monday, February 8, 2021, to ask for a resolution in support of tax incentives for a planned expansion. The company would like to make a capital investment of $7.7 million and increase its workforce.

Multi-Color Corporation is a leader in global label solutions with more than 103 years of experience. The company supports a number of the world’s most prominent brands including leading producers of home and personal care, wine and spirits, food and beverage, healthcare and specialty consumer products.

“The City of Scottsburg is excited about Multi-Color Corporation’s current success and the possibility of the company expanding its capabilities to accommodate this new phase of its business,” said Scottsburg Mayor Terry Amick. “The capital investment of $7.7 million in its facility here is a big win for the city and the region as a whole. We look forward to working with Multi-Color Corporation on their proposal and in the years to come.”

The Indiana Economic Development Corporation offered Multi-Color Corporation up to $425,000 in conditional tax credits based on the company’s job creation plans. These tax credits are performance-based, meaning the company is eligible to claim incentives once Hoosiers are hired.

“We’re excited to support Multi-Color Corporation’s Scottsburg expansion,” said Indiana Secretary of Commerce Jim Schellinger. “Being a global company, Multi-Color Corporation had a world of options to expand, but we’re grateful the company chose to expand its Indiana operations and create more career opportunities for Hoosiers.”

President and CEO of 1si Wendy Dant Chesser said, “1si is happy to be working in support of the Scott County Economic Development Corporation and Multi-Color Corporation on this exciting expansion. The fact the company is considering an expansion in Scottsburg is a good economic indicator for the city, county, and the region. 1si stands ready to assist in any way we can.”

About Multi-Color Corporation
A true global label solutions provider, Multi-Color Corporation is one of the largest label companies in the world in the following market segments: beverage, wine and spirits, food and dairy, personal care and beauty, home care and laundry, healthcare, durables and technical and automotive and chemicals.

Established in 1916 and headquartered near Cincinnati, Ohio, Multi-Color Corporation has grown to become one of the world’s largest and most awarded label printers today supporting the world’s most prominent brands. In 2016, Multi-Color celebrated its 100th year in business. For more information on Multi-Color Corporation, visit www.mcclabel.com.

About Scott County Economic Development Corporation
Representing Scott County, Indiana, it is the mission of the Scott County Economic Development Corporation (SCEDC) to offer the best services for thriving new and existing industries, while expanding future opportunities for Scott County residents through the jobs and benefits successful businesses and industries create. Our dedicated team is focused on helping local businesses and entrepreneurs thrive, and businesses outside of the area relocate, by providing the services they need to increase sales, add jobs and expand operations. We assist businesses with everything from keeping costs low to building or expanding multi-million-dollar facilities.

SCEDC also offers comprehensive facility location services, from initial contact through site location to future growth and expansion. In essence, we provide “one-stop shopping” for your relocation and expansion needs. For more information, visit our website at www.scottcountyin.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 thrive in the Southern Indiana and 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:
Scott County Economic Development Corporation
Terry Amick
Mayor of Scottsburg
812.722.5039
tamick@cityofscottsburg.com

One Southern Indiana
Suzanne Ruark
Director, Marketing and Communications
812.206.9050
suzanner@1si.org

IQPack, LLC, Plans Expansion of Operations in New Albany, Ind.

by 1si News1si Press ReleaseEconomic Development

IQPack, LLC, Plans Expansion of Operations in New Albany, Ind.

Company Estimates Potential Hiring of 55 People at Four Times the Floyd County Average Wage

New Albany, Ind. (January 8, 2021) – Representatives of One Southern Indiana (1si), the chamber of commerce and economic development organization for Clark and Floyd counties, and IQPack, LLC, a packaging and supply-chain solutions company based in New Albany, Ind., will appear before the city redevelopment commission on January 12, 2021. The company has plans for an expansion of its current operations at 3000 Technology Avenue to accommodate a new two-year software development contract.

Company leaders will request consideration for incentives in the form of training reimbursement funds up to $10,000 annually for up to three years.  Should the commission offer incentives, they would be contingent upon Floyd County citizens being hired.  If approved, the $1.17-million-dollar project will require the hiring of more than 50 high-skilled employees, such as packaging engineers, supply-chain experts and software developers with an average wage approximately four times the Floyd County average hourly wage.

“There is a major need for what we do, as many e-commerce and manufacturing companies are struggling to optimize their packaging operations and shipments to support more efficient supply chains. This has been a consistent problem in the industry for generations,” said John Moore, co-Founder and director of packaging for IQPack.

“Packaging is the vital thread connecting all parts of an operation such as materials cost, handling and storage, labor productivity, transportation cube and sustainability. We bring unique expertise, a laser focus, and passion to harness the value of packaging innovation, along with the proper tools to ensure a positive impact in all these areas,” said Moore.

New Albany Mayor Jeff Gahan said, “While the Midwest is known as the manufacturing hub of the nation, the City of New Albany is also an ideal location for technology-driven companies looking for a smart, highly-skilled labor force.  The planned expansion of IQPack illustrates this point perfectly, and the City of New Albany will continue to assist the company in its efforts to grow and succeed.”

The Indiana Economic Development Corporation offered IQPack up to $1.5 million in conditional tax credits based on the company’s job creation plans. These tax credits are performance-based, meaning the company is eligible to claim incentives once Hoosiers are hired.

“With a strong logistics industry and thriving tech ecosystem, Indiana offers companies like IQPack the perfect location to scale up their operations,” said Indiana Secretary of Commerce Jim Schellinger. “We’re excited to continue supporting IQPack’s growth in New Albany and grateful for the company’s commitment to expanding its operations and creating high-wage career opportunities in Southern Indiana.”

IQPack is known for its unique, performance-based operating model, Packaging-as-a-Service, or PaaS.  The model is anchored in industry-leading packaging solutions that drive positive effects across customers’ total cost of supply chain.  Services include comprehensive, diagnostic packaging innovation combined with a team of packaging, supply chain and logistics experts. IQPack also utilizes powerful data analytics tools through its PACKCHAIN technology, which provides key operational assessments, on-going solution management, and operational dashboards for performance tracking.

“We’re creating solutions for our customers that drive predictable and sustainable results, year after year. We utilize many key tools to ensure packaging optimization brings real value to our customers’ material spend, labor efficiency, parcel and load spend management and sustainability goals such as reducing waste, returns, and damage.” said Doug Jones, IQPack’s co-founder and chief operating officer.

“It’s time to elevate the expectations and performance of packaging across the entire industry. Packaging material costs are important, but they represent only nine percent of the total supply-chain cost for our customers. Our PaaS model also attacks the other 91 percent of costs, and it reflects very positively on the customer experience, service metrics, and profitability of large shippers,” said Moore. “This expansion is the next stage of IQPack’s evolution, and we’re excited about the possibility of doing it here in New Albany.”

John Moore founded IQPack in 2013. The company recently went through a rebranding effort which included changing the name of the company from Packaging and Logistics Solutions. The new name and brand better reflect the innovative, technology-savvy approach the company is taking.

“The expansion of IQPack would be a big win for the community and a great way to start 2021,” said 1si President and CEO Wendy Dant Chesser. “The growth and current success of this home-grown, high-tech company send a signal to other interested businesses that Southern Indiana is the right location for high-wage, high-skilled operations. We congratulate IQPack on this fantastic news and thank them for considering New Albany for these extremely desired career opportunities.”

All business inquiries for IQPack must be directed to the company’s website at www.theiqpack.com.

About IQPack, LLC

 IQPack, LLC, which was founded by John Moore as Packaging and Logistics Solutions in New Albany, Indiana, in 2013, has grown and flourished as a high-tech, packaging solutions company with a reputation for innovation and customer satisfaction. Guided by seasoned leaders of the packaging and global operations industries, our team of best-in-class packaging, logistics, and data analytics experts have a genuine passion to live our core values of integrity, innovation, customer focus, community, and family. IQPack, LLC, developed a unique “Packaging-as-a-Service,” or PaaS, model, which is designed to utilize progressive packaging optimization solutions that drive cost savings and operating efficiencies across 100-percent of our clients’ supply chains. The company is also known for PackChain, a proprietary, data analytics software platform that supports the PaaS model, providing objective analysis, broad solution features sets and a performance tracking capability for all key cost centers within our customers total supply chain operations. Given the steady growth in the company’s customer base of e-commerce and manufacturing, the team at IQPack, LLC, is focused on continuing its track record of success in meeting and exceeding the goals of its clients. For more information, visit www.theiqpack.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 thrive in the Southern Indiana and 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 Contact:

IQPack, LLC

https://theiqpack.com/contact-iqpack/

 

One Southern Indiana

Suzanne Ruark

Director, Marketing and Communications

812.206.9050

suzanner@1si.org

Survey Results: Employers Expand Efforts to Attract, Retain Talent; Update on COVID-19 Impacts

by 1si NewsEconomic Development

Employers are aggressively taking proactive steps to try and solve some of the workforce challenges that have been prevalent in recent years. The findings are illustrated in the 13th annual employer workforce survey from the Indiana Chamber and its Institute for Workforce Excellence®.

Skillful Indiana was the lead sponsor of the survey, with support from Amatrol and WGU Indiana. There were 937 responses (during a two-week period in mid-September) across a broad range of industries.

“For years, we have heard leaders in the business community lament the lack of skilled employees to meet their workforce needs,” says Indiana Chamber President and CEO Kevin Brinegar. “It appears they are now tackling the issue head-on, offering additional opportunities to attract talent for today and tomorrow.”

To view a summary of the survey, click here.

Economic Update: Transportation and Warehousing Job Gains

by 1si NewsEconomic Development

The pandemic-induced recession is the greatest shock to the economy since the Great Depression. National unemployment rates did not quite approach numbers observed during the Depression, but the sudden rise in job losses is unparallel. Regionally, similar patterns were observed.

Employment losses for the five-county region were just above 30,000, far exceeding losses in the Great Recession. Employment, as measured by the Bureau of Labor Statistics, does not consider county residence. For example, a resident of Floyd County may be working in Jefferson County, KY, and that person will show up as employed and as a member of the Floyd County labor force. When we refer to the 30,000 employment losses across the five-county region in Southern Indiana, some of the associated job losses occurred in Kentucky. Given that more than 35,000 Hoosiers commute to Kentucky daily for work, that is a reasonable conclusion.

Up until now, the only payroll data available for Southern Indiana was for the first quarter of 2020, just before the shutdown of the economy. The first quarter showed slightly positive job gains, but the largest increase occurred in transportation and warehousing, adding 900 jobs. Removing the job gains from public administration, which were linked to the Census, transportation and warehousing jobs easily exceeded all industries combined.

We now have county payrolls data from the 2nd quarter, and the results were expected. Keep in mind that April will go down as the bottom of the current recession. Job losses were severe and abrupt. During the Great Recession, it took a year for unemployment claims to peak. In 2020 recession, unemployment claims peaked in two weeks. The five-county Southern Indiana region saw total job losses of approximately 11,500, about double the losses that occurred during the Great Recession. Like the first quarter, transportation and warehousing saw significant gains, adding 1,776 jobs. The three industries with the highest job losses: manufacturing, accommodation and food services, and health care and social services. Third quarter data will be out around February 2021, and we will see a complete reversal of the job losses that occurred in the second quarter.

More recently, we see that job postings in the Transportation and Material Moving Occupation Family far exceed other occupation families. In the past 30 days, job postings in the transportation and material moving family were almost at 700, and healthcare practitioners were almost 450. Heavy and Tractor Trailer Truck Driver was the dominant position in the transportation family, and registered nurse for the healthcare family of occupations.

The 2020 recession accelerated some trends that have been in development for several years. One of the more noticeable perhaps has been in online shopping. While this trend could both favorably and adversely impact some local retailers, the region stands to benefit primarily through the agglomeration of transportation and warehousing companies. This has been evident in 2020 with transportation and warehousing being the big job generator for the entire region.

Note: Job postings data source: Burning Glass; County payrolls data source: STATS Indiana Quarterly Census of Employment and Wages; County employment data source: FactSet

Gird_Blue

Parker HVAC Filtration Division Announces Multi-Year Investment to Increase Production

by 1si NewsEconomic Development

JEFFERSONVILLE, IND. (October 1, 2020) – With the assistance of One Southern Indiana (1si), the chamber of commerce and local economic development organization for Clark and Floyd counties, Ind., the HVAC Filtration Division of Parker Hannifin Corporation announced today a significant multi-year investment in its Jeffersonville location, in the River Ridge Commerce Center.

The investment will support increased demand as a result of the COVID-19 pandemic, which has expanded the need for air filtration products for industrial and work environments. This project will allow the company to ramp up manufacturing capacity, and associated job growth, to produce HEPA filter products as well as filters used in medical and lab settings.

“Parker is excited to announce this investment in the future of our Jeffersonville facility. By adding new state-of-the-art equipment and manufacturing technologies, this project will enable us to expand our production capacity and continue providing our customers with advanced filtration solutions, including critical products that are currently supporting the front-line effort to combat the spread of COVID-19,” said Jon Gallisdorfer, General Manager, Parker HVAC Filtration Division. “We greatly appreciate the support of our partners at the River Ridge Development Authority and the Indiana Economic Development Corporation for their help in making this initiative possible.”

Formerly known as CLARCOR Air Filtration Products, Inc., the Jeffersonville facility was purchased by Parker Hannifin Corporation, the global leader in motion and control technologies, as part of the company’s acquisition of CLARCOR Inc. in February 2017.  The HVAC Filtration Division provides filters that are critical in saving lives in the healthcare sector, while also providing important daily living protection in the consumer arena and ongoing livestock virus protection in the agriculture and farming sectors.

“We are pleased to see the companies in the River Ridge Commerce Center continuing to expand,” said Executive Director Jerry Acy. “Our central location and world-class amenities have made River Ridge a preferred location to not only attract new business but allow healthy businesses to grow as well. Companies like Parker HVAC Filtration Division understand we have all the components to make them successful now and in the future: location, access to major interstates, waterways and rail, modern infrastructure and a competitive tax environment.”

HVAC Filtration was offered conditional tax credits from the Indiana Economic Development Corporation based on the company’s job creation plans. These incentives are performance-based, meaning the company is eligible to claim incentives once Hoosiers are hired.

“Parker Hannifin is manufacturing a critical product for both the health care sector and everyday consumers, and as the Crossroads of America, Indiana couldn’t be a more ideal place for them to grow,” said Indiana Secretary of Commerce Jim Schellinger. “As a state, we’re committed to supporting their long-term growth, and I’m excited to see the impact this expansion has on our state and on the community of Jeffersonville.”

Jeffersonville Mayor Mike Moore said, “We are excited to support Jeffersonville’s growing business community, and the continuing expansion of manufacturers like Parker helps to ensure the reopening and rebuilding of the Southern Indiana economy will be steady and continue on an upward trajectory.”

1si President and CEO Wendy Dant Chesser said, “As the COVID-19 pandemic continues to challenge businesses in all sorts of new ways, some have been able to do exceptionally well considering the circumstances. Parker’s HVAC Filtration Division offers a product in demand for our new reality and we congratulate them for seizing this opportunity to increase manufacturing of products in need by front line workers as well as everyday citizens.”

About Parker Hannifin

Parker Hannifin is a Fortune 250 global leader in motion and control technologies. For more than a century the company has been enabling engineering breakthroughs that lead to a better tomorrow. Learn more at www.parker.com or @parkerhannifin.

About Parker HVAC Filtration Division

Parker’s HVAC Filtration Division is a leading manufacturer of HVAC filtration products for commercial, industrial, and institutional applications. Offering the broadest line of filtration products in the industry, Parker’s HVAC products are improving the quality of air around the world. Learn more about Parker’s HVAC Filtration Division at www.parker.com/hvac.

About One Southern Indiana:

One Southern Indiana (1si) was formed in July of 2006 from the economic development organization serving Clark and Floyd counties and the chamber of commerce. 1si’s mission is to help businesses thrive in the Southern Indiana and 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; and 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: www.1si.org

Kenco-logo

Kenco Logistics Opens E-Commerce Fulfillment and Distribution Center in Jeffersonville, Ind.

by 1si News1si Press ReleaseEconomic Development

Kenco logoJEFFERSONVILLE, IND. (July 21, 2020) Kenco Logistic Services, LLC, a Tennessee-based logistics company, has announced plans to open a new fulfillment and distribution center in the River Ridge Commerce Center. The 250,000-square-foot leased facility will operate at 201 River Ridge Parkway in Jeffersonville, Ind.

Kenco Logistics is the largest woman-owned, third-party, logistics company in the United States. The company provides integrated logistics solutions, including distribution and fulfillment, comprehensive transportation management and material handling services, as well as real estate management and information technology.

Over the past 70 years, the company has grown to include more than 50 warehouse locations throughout the United State and has been honored with a number of awards, including Inbound Logistics’ Top Ten 3PL Inbound Logistics Excellence Awards (2012-2019) and Top Green Supply Chain Partner Inbound Logistics (2011-2019).

“With this new facility, our customers will be able to access more of their growing customer base with increased ease,” said Dan Coll, vice president of e-commerce fulfilment at Kenco. “We are excited to present these advantages to businesses as they look to adjust to the ever-changing e-commerce environment.”

The new facility will help serve the increasing demand for transportation of e-commerce products.  According to Forbes magazine, U.S. retailers’ online year-over-year revenue growth is up 68 percent as of mid-April, and there’s been a 129 percent year-over-year growth in U.S. and Canadian e-commerce orders as of April 21, 2020, with 146-percent growth in all online retail orders.

“Jeffersonville is ideally situated for a company like Kenco Logistics to continue to grow and succeed,” said Jeffersonville Mayor Mike Moore. “Not only do we have a great community with hard-working citizens, but we are also located in a perfect spot, within a day’s drive to 75 percent of the country’s markets, with three major interstates and two new bridges.  The city is pleased with Kenco’s decision to locate here and stands ready to assist them any way we can.”

“We are pleased that another national leader in logistics has recognized the value of locating at the River Ridge Commerce Center,” said Jerry Acy, executive director of the River Ridge Development Authority. “We look forward to welcoming Kenco to the River Ridge family and supporting the company’s growth in Southern Indiana. Our central location and world-class amenities have made River Ridge a preferred location for numerous logistics, manufacturing, and supply-chain management companies. These firms see that we have all the components to make them successful: location, access to major interstates, waterways and rail, modern infrastructure and a competitive tax environment.”

Wendy Dant Chesser, president and CEO of One Southern Indiana, said, “As we all work together to restart our economy, we’re pleased to welcome a well-established and respected company like Kenco Logistics to our community!  By attracting companies that pay wages above the county average, families in Southern Indiana can start to manage their household recovery and financial stabilization, as well.  This is a great win for the River Ridge Commerce Center, the City of Jeffersonville and everyone who assisted in the project, and we look forward to partnering with Kenco Logistics in the future.”  

About Kenco Logistic Services, LLC:

Kenco provides integrated logistics solutions that include distribution and fulfillment, comprehensive transportation management, material handling services, real estate management, and information technology—all engineered for Operational Excellence. Woman-owned and financially strong, Kenco has built lasting customer relationships for more than 60 years. Kenco’s focus is on common sense solutions that drive uncommon value. Also, connect with Kenco on Twitter, Facebook, LinkedIn, and the Kenco Blog.

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.

Contact:     

Debra Phillips
Kenco Logistics
Debra.Phillips@kencogroup.com
Office: 423-643-3473
Cell: 904-955-1008

Suzanne Ruark
One Southern Indiana
suzanner@1si.org
812-206-9050

ETS-Jet-Engine-Stands logo

ETS Jet Engine Stands Inc. Brings 30 New Jobs to New Albany

by 1si NewsEconomic Development

NEW ALBANY, IND. (May 15, 2020)– ETS Jet Engine Stands Inc., with the assistance of One Southern Indiana, the chamber of commerce and economic development organization for Clark and Floyd counties in Indiana, will appear virtually before the New Albany City Council on Thursday, May 21st to discuss the possible purchase of an existing facility and request incentives. The $1.3 million project calls for the purchase of a 7,500-square-foot facility to house fabrication of engine stands for GE, Pratt Whitney, Rolls Royce and CFM International, among others. In the future, the company intends to add a new 10,000-square-foot building onsite to accommodate the growing business.

“ETS Jet Engine Stands Inc. is excited about the possibility of setting up shop in New Albany,” said owner Todd Berger. “Having owned a similar business in Louisville, I recognize the skill, loyalty and work ethic of the Southern Indiana workforce as I’ve hired many of your residents along the way. They are your greatest resource. With quality employees, our management team’s knowledge of the industry, and the continued assistance and support of the IEDC, 1si and the City of New Albany, we anticipate the company will grow quickly.”

The Indiana Economic Development Corporation (IEDC) offered ETS Jet Engine Stands up to $250,000 in conditional tax credits based on the company’s job creation plans. These tax credits are performance-based, meaning the company is eligible to claim incentives once Hoosiers are hired.

“As the home of top research universities and global giants in the aerospace industry, Indiana has the right location and resources for aerospace companies like ETS Jet Engine Stands to grow and thrive,” said Indiana Secretary of Commerce Jim Schellinger. “We’re excited to welcome ETS Jet Engine Stands to Indiana and are confident the state’s high-quality workforce will contribute to the company’s success in the Hoosier state.”

Members of the New Albany City Council will have the opportunity to vote on local incentives to secure the project. The company will submit a request for real property and personal property tax abatement with total estimated savings of $79,723 over 10 years. If approved, the tax abatements will allow ETS to phase in its property taxes over time for the project’s qualifying investment.

“This is another example of how continued public investments in New Albany attracts new, high paying jobs to our city. New Albany is working to improve and invest in our schools, parks, riverfront, and infrastructure. Major companies understand that their employees want to work in areas with modern amenities, said New Albany Mayor Jeff Gahan. “I’m thrilled that ETS Jet Engine Stands, Inc. is considering adding 30 new jobs to New Albany and we are excited to assist them.”

Upon the council’s approval, ETS Jet Engine Stands, Inc., plans to relocate to the facility in the next three months. Approximately 30 new jobs will be created by the expansion and the salary for these positions is estimated to be higher than the Floyd County average.

1si and President Wendy Dant Chesser said, “As a result of a referral from our partners at Louisville Forward, 1si was able to assist ETS with this great project which will help our local economy as well as add to the portfolio of businesses in the industrial parks of New Albany. 1si will continue to offer assistance to the company as they open and grow.”

About the ETS Jet Engine Stands Inc.:

ETS Jet Engine Stands Inc. is an aerospace engineering and fabrication company which primarily focuses on building jet engine stands for large commercial and military aircraft. Customers use the stands to transport, store and maintain jet engines. Between the company’s design engineer, the production manager, another former employee committed to join the Company and the owner, they have more than 100 years of experience in designing, fabricating, purchasing and/or selling these stands. For more information, visit www.jetenginestands.com.

Northwest-Ordinance logo

Northwest Ordinance Distilling Announces Nearly $40 Million Expansion Plan

by 1si NewsEconomic Development

Expansion projected to bring up to 50 new jobs to area

NEW ALBANY, IND. (May 27, 2020) Northwest Ordinance Distilling, a distilled spirits bottling facility, announced its intention to expand its production facility in New Albany, Ind.  The facility, located at 707 Pillsbury Lane, was purchased in June of 2018 and is the former General Mills Pillsbury plant, which closed in 2016.

The $39.5 million expansion will include $7.5 million in building improvements and $32 million in new processing and bottling lines.  The expansion will allow the company to add many new products to its bottling  line and will result in the addition of 50 full time employees.

“We’re excited to be able to grow our Northwest Ordinance Distilling again,” said Jeff Conder, vice president of manufacturing. “The State of Indiana, the City of New Albany, and One Southern Indiana have all been great partners to us and created a very business friendly environment.  We look forward to expanding both our manufacturing footprint and our workforce with steady, good paying jobs.”

The Indiana Economic Development Corporation (IEDC) offered Sazerac of Indiana LLC (Northwest Ordinance Distilling) up to $500,000 in conditional tax credits based on the company’s job creation plans. These incentives are performance-based, meaning the company is eligible to claim incentives once Hoosiers are hired.

“Today’s announcement is another encouraging sign of positive economic momentum in Indiana,” said Indiana Secretary of Commerce Jim Schellinger. “As we work to get our state’s economy back on track in the midst of so much uncertainty, we are encouraged by the growth that continues across the state, and we are so grateful for Northwest Ordinance Distilling’s commitment to providing quality job opportunities to Hoosiers in southern Indiana.”

The company will be seeking real and property tax abatements, which allow the company to phase in its increased property taxes over time.  The tax abatements offer the company an estimated savings of $2.26 million over the next ten years. The New Albany City Council is scheduled to vote on final approval of the company’s local incentives next week, with the project contingent upon the council’s approval.

“The Northwest Ordinance Distilling has been a tremendous partner for the City of New Albany since their reopening of the General Mills facility in 2018.  Not only do they employ more than 100 workers at a pay averaging nearly 20 percent above the Floyd County average, they have also invested approximately $2 million to reactivate the CSX rail line that originally served the plant,” said New Albany Mayor Jeff Gahan, “I am excited about the possibility of the expansion and look forward to the Council’s decision on June 1st.”

Northwest Ordinance Distilling has stepped up in the fight against COCIV-19, producing hand sanitizer for some of the world’s largest organizations in the healthcare, government, military, retail, distribution, airline, pharmacy and banking industries.  In addition, the company played a part in the donation of nearly 15,000 N95 respirator masks to the health care industry last month.

Wendy Dant Chesser, president and CEO of One Southern Indiana said, “Northwest Ordinance Distilling choosing to locate its new facility in New Albany was the biggest business news story in 2018. Now, after only two years, the company is again exhibiting confidence in our workforce, government and community, by choosing to expand here. This is a great sign for the recovery of Southern Indiana from the current economic crisis and the company’s prestige and continued success is a boon to the portfolio of industries in the area.  As always, 1si is ready to assist them in any way we can.”

About Northwest Ordinance Distilling

Northwest Ordinance Distilling is part of the Sazerac family, one of America’s oldest family owned, privately held distillers with operations in the United States in Louisiana, Kentucky, Indiana, Virginia, Tennessee, Maine, New Hampshire, South Carolina, Maryland, California, and global operations in the United Kingdom, Ireland, France, India, Australia and Canada.