JEFFERSONVILLE, Ind. — Officials from One Southern Indiana (1si), the chamber of commerce and economic development organization for Clark and Floyd counties, Ind., announced Amatrol Inc.’s interest in expanding operations at an adjacent location in the North Port Business Centre at the former Key Electronics building at 2533 Centennial Boulevard, in Jeffersonville, Ind.
The proposed project would add 100,000 s.f. or a 65% increase to the company’s current operations. The acquisition of the facility would accommodate the company’s growth in domestic and international markets, as well as the introduction of new product lines in smart automation and HVAC hands-on training equipment and e-learning software. Plans call for the hiring of an additional 30 full-time positions with wages above the Clark County average.
“Amatrol now has a plan which, with the support of local and state governments, will allow us to expand our facility to accommodate more clients in new and innovative ways. We are very energized about the possibilities and look forward to working with One Southern Indiana, the City of Jeffersonville and other partners to achieve this goal,” said Amatrol Inc. President Paul Perkins.
Company officials requested a tax abatement for the proposed $8.5 million expansion project’s qualifying investment from the Jeffersonville Redevelopment Commission. If approved by the Jeffersonville City Council on Monday, Aug. 1, the tax abatement will allow Amatrol Inc. to phase in its property taxes over time.
Amatrol Inc., has its origins as a department of Dynafluid, founded by Don and Roberta Perkins in 1978. Incorporated in 1981, the company’s current president, Paul Perkins, is the son of the original founders. The company designs, develops and manufactures technical training systems, highly interactive eLearning, hands-on simulators and other equipment and software to train entry-level and transitioning employees for many diverse industries such as manufacturing, oil and gas, packaging, etc.
The Indiana Economic Development Corporation (IEDC) committed an investment of up to $250,000 in the form of incentive-based tax credits for the company. The IEDC will also offer up to $50,000 from the Hoosier Business Investment (HBI) tax credit program based on the company’s planned capital investment in Indiana. These tax credits are performance-based, meaning the company is eligible to claim incentives once Hoosiers are hired and trained.
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