CRAWFORDSVILLE, Ind. (March 6, 2013) – Crawford Industries, LLC, a plastics manufacturing and packaging company, announced plans today to expand its operations here, creating up to 11 new jobs by 2015.
The homegrown-Hoosier company will invest $5.2 million to equip and add 45,000 square feet to its existing 100,000 square-foot facility located at 1414 Crawford Drive. The expansion, which will be completed by October, will also include the renovation of current office space and installation of new equipment.
“Indiana’s robust manufacturing sector is one of the key drivers of our economy. Crawford Industries is a long-time Indiana citizen and we will work hard to create a low-cost, competitive environment where it can continue to grow and create new jobs for Hoosiers,” said Eric Doden, president of the Indiana Economic Development Corporation.
Crawford Industries, which currently employs more than 95 Hoosiers, plans to begin hiring additional machine operators and management associates in April.
“We are making these investments in Indiana to solidify our future here by broadening our capabilities to reach new and different markets,” said James Guinn, vice president of finance and treasurer at Crawford Industries. “As business changes we continue to look for ways to innovate to insure long term employment our people have become accustomed to, and we look forward to continuing to grow in Crawfordsville.”
Founded in 1959, Crawford Industries manufactures high-density polyethylene and polypropylene sheet to convert into a wide range of plastic products such as binders, envelopes, folders and tote boxes. The company, which has an additional facility in Georgia, also provides design engineering and customized package design for its clients throughout North America, including nationally-recognized companies Walt Disney, PetSmart, Xerox and Verizon Wireless.
The Indiana Economic Development Corporation offered Crawford Industries, LLC up to $90,000 in conditional tax credits 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. The city of Crawfordsville approved additional tax abatement at the request of the Montgomery County Economic Development Corporation.
“Crawford Industries serves as a shining example of success that can be achieved by a business born in our own community,” said Crawfordsville Mayor Todd Barton. “They have been a valuable part of this community for many years, creating employment opportunities for local residents. We are proud of the fact they have chosen to expand in Crawfordsville rather than in their Georgia facility.”
Crawford Industries’ announcement comes on the heels of a recent string of jobs announcements for the Hoosier State. In the past week, Chrysler Group, NextGear Capital, Baldwin & Lyons, MasterBrand Cabinets, Polleo Systems, Total Quality Logistics and Koester Metals all announced plans to grow in Indiana, accounting for more than 1,700 projected new jobs and more than $423 million in capital investment.
About Crawford Industries
Founded in 1959, Crawford Industries is a leading provider of polyethylene and polypropylene custom packaging and product integration services. Our plastic materials are environmentally friendly, durable and cost effective and we have provided services to some prominent companies in the retail, industrial, technology, marketing, promotional and education industries. To learn more, please visit www.crawford-industries.com.
Created in 2005 to replace the former Department of Commerce, the Indiana Economic Development Corporation is governed by a 12-member board chaired by Governor Mike Pence. Victor Smith serves as the Indiana Secretary of Commerce and Eric Doden is the president of the IEDC.
The IEDC oversees programs enacted by the General Assembly including tax credits, workforce training grants and public infrastructure assistance. All tax credits are performance-based. Therefore, companies must first invest in Indiana through job creation or capital investment before incentives are paid. A company who does not meet its full projections only receives a percentage of the incentives proportional to its actual investment. For more information about IEDC, visit www.iedc.in.gov.
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James Guinn (Crawford Industries) – 765.359.2906 or email@example.com
Katelyn Hancock (IEDC) – 317.234.2294 or firstname.lastname@example.org