Mooresville-based Equipment Technologies, which makes self-propelled sprayers for agriculture, says it plans to hire 56 new people by 2015 as part of an expansion.
The company said it would open a training, research and development facility at its 168,000-square-foot complex in Mooresville. ET already employs 97 Indiana residents, including 52 who live in Morgan County, it said.
The Indiana Economic Development Corp. said it would provide ET $550,000 in performance-based tax credits and $25,000 in training grants based on the company's job-creation strategy. The Mooresville Town Council provided a property-tax abatement at the request of the Morgan County Economic Development Corp.
ET distributes its sprayers and sprayer parts throughout North America, Ukraine and Australia through a network of independent dealers.