A startup company plans to start solar panel manufacturing operations in a central Indiana city and potentially hire 240 people in the next few years.
NuSun Inc. chief executive Ryan Stout said the facility in Columbus will make high-efficiency solar panels that are in growing demand around the world. Stout told The Republic that the company plans to spend nearly $9 million to start production at a Columbus industrial park.
It expects to begin hiring next summer and have 80 workers within about a year. NuSun is now based near Muncie but will be moving its offices to Columbus.
The Columbus City Council voted Tuesday to apply for a $600,000 state grant to help equip the facility. The state also has offered up to $2.25 million in tax credits.