Manufacturing company with $12 Million to invest in expansion plan sticks with home state
Workforce Planners for companies contemplating relocation and/or expansion to different US states, strive to identify geographical areas with low taxes and key economic incentives; Talent Acquisition Professionals will strive to develop talent pipelines of skilled workers. Workforce Locator™ enables Workforce Planners and Talent Acquisition Professionals by supplying data for a comparative process that serves their objectives.
Workforce Locator can pinpoint cities with the greatest number of employees by job title from specific industries, location of unemployed professionals in specific career categories, and indicate the aggregate size of the entire group (who are employed and unemployed). Armed with such specific information, Workforce Planners can recognize the advantages associated with staying in their own back yard – as this manufacturing company (for example) elected to do:
Delta Faucet Invests $12 Million To Expand Its Greenburg, Indiana Manufacturing Center Area Development
Online News Desk (07/17/2013)
Delta Faucet Company, a division of Masco Corporation, will invest $12 million to expand its Greenburg, Indiana, manufacturing center, creating up to 160 new jobs by 2014.
The Indianapolis-headquartered company, an international manufacturer of kitchen faucets, bath faucets, shower heads, bathing and shower systems, toilets and related accessories, will renovate and equip its facility located at 1425 West Main Street in Greensburg. Portions of the 380,000 square-foot facility will be reconfigured to include the manufacturing of acrylic bathtubs and shower products by the end of the year.
Delta Faucet, which currently has 140 employees at its Greensburg facility, 500 in Indiana and more than 1,700 internationally, will begin hiring production members, assemblers, material handlers, maintenance and quality technicians, engineers, team leaders, and support associates later this year.
“Delta Faucet Company has had operations in Greensburg since our founder, Alex Manoogian, opened a plant there in 1959, so we are pleased to be able to bring this growth to a community where we have such a long, rich history,” said Rick Marshall, vice president of operations and supply chain management at Delta Faucet Company. “This investment is another demonstration of our continued focus on delivering products for the home that offer innovation, quality design and reliability.”
“There are many reasons why Indiana stands out for our manufacturing productivity,” said Gov. Mike Pence. “Companies like Delta Faucet recognize our state for its skilled workforce, low taxes and centralized location. With the long-lasting value Indiana offers, we’re working hard to maintain our reputation as a state that works for business.”
As an incentive, the Indiana Economic Development Corporation offered Masco Corporation of Indiana d/b/a Delta Faucet Company up to $1,000,000 in conditional tax credits and up to $200,000 in training grants based on the company’s job creation plans. These tax credits are performance-based, meaning until Hoosiers are hired, the company is not eligible to claim incentives. In addition Decatur County approved additional tax abatement at the request of the Greensburg-Decatur County Economic Development Corporation.
“The county council is very pleased to work with Delta Faucet to help this company grow and prosper in our community,” said Ernie Gauck, president of the Decatur County Council.