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Car parts maker expands in Hancock County

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Spectra Premium Industries Inc., a Canadian manufacturer of automotive parts, plans to hire dozens more workers in Hancock County as it moves its distribution operations from Knightstown to a mammoth industrial facility near Mount Comfort.

Spectra has commenced a long-term lease for a 250,000-square-foot building at Axcess70 Business Park, located north of the Interstate 70/Mount Comfort Road interchange in Hancock County.

The facility will be Spectra’s main distribution center for the United States, according to Greg Vaughn, quality manager of affiliate Spectra Premium USA Corp.

The firm owns a 60,000-square-foot distribution facility in nearby Knightstown that has served as a U.S. distribution hub. Looking for more space, it settled on the Axcess70 location, in part to keep its local workforce intact, Vaughn said.

Spectra is in the process of moving operations from the Knightstown facility to the Axcess70 center, Vaughn said. The changeover is expected to be complete by early September. Spectra already has put the Knightstown facility on the market for sale.

The Knightstown center employed about 50 workers. Spectra has hired dozens of work-to-hire temps for the new facility, and hopes to bring them on permanently in the near future for a total headcount of more than 100, Vaughn said.

Spectra manufactures and distributes cooling and fuel system products in the U.S. and Canada. Its products include radiators, heaters, condensers, fuel tank assemblies, and air-conditioning systems.

The lease is a big win for Axcess70 and co-developer Browning Investments Inc. The 250,000-square-foot facility has been unoccupied since the two-building Axcess70 complex was finished in 2009.

“That building sat empty during the downturn, and we turned away some smaller tenants until we found who we wanted,” said Dale Pfeifer, director of real estate development for Indianapolis-based Browning.

A joint venture of Browning and New York City-based Real Estate Capital Partners started development of Axcess70 in 2008. Development costs for the buildings, totaling 673,000 square feet, were about $27 million.

Two tenants fully occupy the other building, including lithium-ion battery maker EnerDel.

About 80 acres of land at Axcess70 remain available for development, Pfeifer said. Options include build-to-suit properties for distribution operations.

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  1. We gotta stop this Senior crime. Perhaps long jail terms for these old boozers is in order. There are times these days (more rather than less) when this state makes me sick.

  2. One option is to redistribute the payroll tax already collected by the State. A greater share could be allocated to the county of the workplace location as opposed to the county of residency. Not a new tax, just re-allocate what is currently collected.

  3. Have to agree with Mal Burgess. The biggest problem is massive family breakdown in these neighborhoods. While there are a lot of similiarities, there is a MASSIVE difference between 46218 and 46219. 46219 is diluted by some stable areas, and that's probably where the officers live. Incentivizing is fine, but don't criticize officers for choosing not to live in these neighbor hoods. They have to have a break from what is arguably one of the highest stress job in the land. And you'll have to give me hard evidence that putting officers there is going to make a significant difference. Solid family units, responsible fathers, siblings with the same fathers, engaged parents, commitment to education, respect for the rule of law and the importance of work/a job. If the families and the schools (and society) will support these, THEN we can make a difference.

  4. @Agreed, when you dine in Marion County, the taxes paid on that meal go to state coffers (in the form of the normal sales taxes) and to the sports/entertainment venues operated by the CIB. The sales taxes on your clothing and supplies just go to the state. The ONLY way those purchases help out Indianapolis is through the payroll taxes paid by the (generally low-wage) hourly workers serving you.

  5. The government leaders of Carmel wouldn't last a week trying to manage Indianapolis. There's a major difference between running a suburb with virtually no one below the poverty level and running a city in which 21+% are below the poverty level. (http://www.census.gov/did/www/saipe/data/interactive/#view=StateAndCounty&utilBtn=&yLB=0&stLB=15&cLB=49&dLB=0&gLB=0&usSts_cbSelected=false&usTot_cbSelected=true&stateTot_cbSelected=true&pLB=0?ltiYearSelected=false?ltiYearAlertFlag=false?StateFlag=false?validSDYearsFlag=false)

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