The economic development effort that is bringing a $359 million investment and nearly 300 jobs to Anderson from Nestlé USA was realized through a coordinated effort between the city of Anderson, the Anderson/Madison County Corporation for Economic Development (CED) and the State of Indiana Economic Development Corporation (IEDC).
Anderson Mayor Kevin S. Smith said a "blind" lead came more than a year ago to CED from IEDC with the code name "Project Echo". Representatives of Nestlé were searching for sites that would best suit their client. When 190 acres adjacent to the Flagship Enterprise Center at I-69 Exit 22 were identified, CED acted to acquire options on the necessary property.
The city of Anderson's ownership of its power, water and sewer utilities, plus a fiber optic network, allowed it great flexibility in compiling its incentive package. "Multiple city administrators worked countless hours to compile the city's incentive package," said Mayor Smith.
As to the local CED's role, Executive Director Mary Starkey said, "The Nestle project fits ideally within the mission of the Corporation for Economic Development: to plan and undertake activities leading to steady job growth, increasing economic diversity, and a strengthened employer base which enhance the quality of life of Madison County,"
She continued: "The selection of Anderson for Nestle's new facility showcases the advantages of an Anderson location in terms of transportation networks, quality workforce, and ability of local and regional partners, both public and private, to provide the service and amenities to attract of the world's premier companies."
Mayor Smith believes that today's announcement signals a diverse new economy for Anderson that was achieved through a great economic development partnership between the State of Indiana, the Anderson/Madison County Corporation for Economic Development and the entire staff of the city of Anderson.
Groundbreaking for the 880,000 sq. ft. Nestlé factory and distribution center is expected in August. The company has said that anticipated opening is spring of 2008. They expect to begin accepting applications for employment in 2007.
Local News
Nestle to bring 300 jobs to Anderson
Economic development effort brings the $359 investment to city
- Local News
-
-
Super Bowl had positive fiscal effect, most agree
Many businesses and organizations in Anderson are still trying to calculate the financial numbers showing how the Super Bowl affected them. But even without all the hard figures available, they agree that it was a positive economic impact on the city.
-
Gunman robs Old National Bank
A gunman escaped with money from a southside Anderson bank Tuesday afternoon.
-
City looking for new restaurant for Grandview
The Anderson Parks and Recreation Board has decided to seek a new tenant for the vacant restaurant at Grandview Golf Course.
-
Anderson High School's graduation rates increase
AHS has tied for 14th place out of the top 20 for the most improvement in non-waiver graduation rates for the 2010-11 school year. “We were just thrilled,” AHS Principal Lucinda McCord said.
-
Consolidation of emergency dispatch approved
The Madison County Commissioners unanimously approved a resolution Tuesday taking over 911 police and fire dispatch duties for Elwood and Alexandria.
-
What's Where: Feb. 9
Local meetings and activities are scheduled Thursday.
-
Overnight snow creates a few problems
An overnight dusting of snow forced police to close the Eisenhower Bridge on east Eighth Street Wednesday morning because of icing, but the bridge is now open.
-
Poll question for Wednesday, Feb. 8
Vote daily in The Herald Bulletin poll. Today's poll question can be found at the bottom of the homepage on the right side.
-
Assessor loses appeal against city
A lot can happen in four years. Just ask County Assessor Larry Davis, who lost his appeal against the City of Anderson on Friday.
-
What's Where: Feb. 8
Local meetings and activities are planned Wednesday.
- More Local News Headlines
-
