Miller Pipeline LLC, an Indianapolis-based subsidiary of Vectren Corp., announced Wednesday that it plans spend $5.3 million on a new headquarters facility, allowing it to hire up to 48 more local workers by 2016.
The company, which specializes in the installation of natural gas, water and sewer-system underground pipelines, said the 52,000-square-foot building will be constructed at its 34-acre corporate campus at 8850 Crawfordsville Road.
The facility will house maintenance operations, fabrication shops, material-handling and shipping areas, a training center and administrative-support offices. It should be fully operational by next year.
Miller, founded as family-owned business in 1953 and acquired by Vectren in 2006, has 125 full-time employees in Indianapolis, 600 in Indiana and more than 3,000 employees nationally. The firm has six facilities in Indiana and operations in 21 other states.
"We decided to expand our Indianapolis headquarters to reflect the developments we are seeing within the shale gas and infrastructure pipeline replacement markets," said Miller CEO Doug Banning in a prepared statement.
The Indiana Economic Development Corp. offered Miller up to $200,000 in conditional tax credits and up to $200,000 in training grants based on the company's job-creation plans.
The city approved an additional tax abatement at the request of Develop Indy, a business unit of the Indy Chamber.
Vectren’s Infrastructure Services division, which is composed of Miller Pipeline and Minnesota Limited, earned $40.5 million last year on revenue of $664 million.