State Unwraps Big Batch of Job Commitments
Joint announcement by nine companies to bring 2,500 jobs over six years
Governor Daniels with executives from companies announcing Indiana expansions. (WIBC.com photo: Eric Berman)
Nine companies have announced plans to add more than 2,500 jobs in Indiana over the next six years.
Governor Daniels rolled out the job commitments en masse at a statehouse news conference. Most of the new jobs are expansions of existing operations, but Phoenix-based frozen baked goods maker Cafe Valley will open a new factory in Marion on the grounds of the abandoned Thomson Electronics plant.
Vice president Larry Polhill says the company is rapidly outgrowing its Arizona facilities, and was drawn by Indiana's central location, $6 million in tax credits, and the overall business climate, including the new right-to-work law. The company plans to open in 2014 with 100 workers, and add 300 more by 2018.
Cafe Valley will demolish the Thomson building and put up its own on the southern third of the property. Marion Mayor Wayne Seybold says that opens the door to market the rest of the land to other companies.
Indianapolis landed the two biggest prizes, with consumer-rating service Angie's List and Internet marketing firm ExactTarget planning to add more than 1,300 jobs in five years -- more than the other seven companies combined. A third Indianapolis company, BidPal, will chip in nearly 200 more.
Marion will add 545 jobs from Cafe Valley and Verizon Wireless retailer Moorehead Communications. The Fort Wayne area is slated to add 280 jobs with commitments from pontoon manufacturer Brunswick Boats and the Bluffton potato-chip factory of Inventure Foods.
RV supplier Atwood Mobile Products plans to move 132 jobs from Michigan and Tennessee to its Elkhart home. And Mitsubishi will add 73 jobs at its Franklin campus.
Daniels acknowledges many of the jobs will be several years in arriving -- he says companies often need to phase in expansions. He notes any incentives won't be paid out until the jobs materialize.
The Indiana Economic Development Corporation says the state had already passed its record for companies announcing expansion plans for a fifth straight year. 251 companies have made commitments averaging 111 jobs apiece.