Airguard Industries has announced plans to move its corporate headquarters from Louisville to Jeffersonville, Ind.
The company is also moving its distribution center and manufacturing operations in Jeffersontown, Ky., and New Albany, Ind., to Jeffersonville as part of a plan to consolidate its Midwest operations.
Airguard, which manufactures filters for office buildings, industrial plants, laboratories and pharmaceutical facilities, is investing $8.5 million to lease and equip a 450,000-s.f. headquarters, manufacturing and distribution center that is currently under construction in Jeffersonville’s River Ridge Commerce Center.
The consolidation will move some 425 jobs to Jeffersonville, about 240 of which are currently located in Louisville. Chad Carlton, director of communications for Louisville Mayor Jerry Abramson’s office, told the Louisville Courier-Journal that while metro officials are disappointed that Airguard is leaving Louisville, they are glad the company is staying in the region.
“The fact that they chose to stay in the region is better than seeing these jobs and families move from the region,” Carlton said.
The Indiana Economic Development Corp. has offered the company up to $3.587 million in performance-based tax credits and up to $200,000 in training grants based on the company’s job creation plans. The city of Jeffersonville will provide the company with property tax abatement as part of the Urban Enterprise Zone at the River Ridge Commerce Center.