A salty snack maker will have another plant in the Hoosier state.
Pretzels Inc. is going to build a 45,000-square-foot facility in Plymouth, according to a press release from Governor Mike Pence’s office.
The $15 million investment will add a 45,000 square-foot facility at 2910 Commerce St. in Plymouth by the beginning of 2017. 65 jobs will be created as a result. The company needs the extra space so it can produce peanut butter and bulk pretzel products.
“Here in Indiana, we have worked diligently to establish Indiana as the best place to do business by reducing regulations, cutting taxes and investing in our workforce,” said Governor Mike Pence. “Today’s news is evidence that Indiana is a state that works for companies like Pretzels Inc. as they continue to choose Indiana to grow their operations. As we enter into our third century, we will continue our economic momentum by equipping our job creators with the tools they need to succeed and creating a pro-growth business environment.”
Pretzels Inc. already employs 330 full-time employees in its Bluffton plant.
“We are excited about the opportunity to build our new plant in Indiana and particularly the Plymouth area,” said Chip Mann and Steve Huggins, co-owners of Pretzels Inc., whose fathers started the business over 40 years ago. “We are lifelong Indiana residents and are pleased to continue the growth of our business in our home state.”
The company is getting up to $350,000 in tax credits from the Indiana Economic Development Corporation, depending on how many Hoosiers its hires. It’s possible more incentives could come from the Marshall County Economic Development Corporation.
“The City of Plymouth is proud to welcome Pretzels Inc. into our community,” said Plymouth Mayor Mark Senter. “Plymouth will see the benefits of job creation and a strengthened economy very soon thanks to a team of both state and local leaders who have come together to make this project a reality.”
The company’s facility in Canonsburg, Pennsylvania will be closed.