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Chinese furniture maker picks Marion for U.S. headquarters

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Chinese furniture maker Anji Yuankai Furniture Co. Ltd. announced plans Wednesday to establish its U.S. headquarters in Marion, which could result in the creation of 100 jobs within the next four years.

The upholstered-furniture maker, which operates as Y.K. Furniture, plans to invest $24.3 million to establish its first U.S. subsidiary, King's Group U.S.A. LLC in space formerly occupied by a Hobby Lobby store. The facility will house assembly-and-distribution operations.

Gov. Mitch Daniels met with executives of Anji Yuankai during his trip to China last fall and was present at the announcement.

“Just nine months after our initial jobs mission to China, today is more evidence of the results of our overseas efforts,” he said in a prepared statement. “The relationship between the U.S. and China is perhaps the most important bilateral relationship in the world right now and we are gratified that Indiana has an active role in establishing bonds of trust and economic advance for the peoples of both places.”

Established in 1998, Y.K. Furniture operates a manufacturing facility in Zhejiang Province, Indiana's Chinese sister-state.  The company plans to begin hiring employees for the U.S. subsidiary in October.

The Indiana Economic Development Corp. offered King's Group up to $475,000 in performance-based tax credits. In addition, the IEDC will provide the city of Marion $200,000 from the Industrial Development Grant Fund toward road improvements needed at the site.  

The city of Marion negotiated a “favorable” sale price to King's Group for the blighted 12-acre site in return for short-term rehabilitation, new construction and job creation. King’s Group also will attempt to recruit more Chinese manufacturers to the site.
 

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  1. John, unfortunately CTRWD wants to put the tank(s) right next to a nature preserve and at the southern entrance to Carmel off of Keystone. Not exactly the kind of message you want to send to residents and visitors (come see our tanks as you enter our city and we build stuff in nature preserves...

  2. 85 feet for an ambitious project? I could shoot ej*culate farther than that.

  3. I tried, can't take it anymore. Untill Katz is replaced I can't listen anymore.

  4. Perhaps, but they've had a very active program to reduce rainwater/sump pump inflows for a number of years. But you are correct that controlling these peak flows will require spending more money - surge tanks, lines or removing storm water inflow at the source.

  5. All sewage goes to the Carmel treatment plant on the White River at 96th St. Rainfall should not affect sewage flows, but somehow it does - and the increased rate is more than the plant can handle a few times each year. One big source is typically homeowners who have their sump pumps connect into the sanitary sewer line rather than to the storm sewer line or yard. So we (Carmel and Clay Twp) need someway to hold the excess flow for a few days until the plant can process this material. Carmel wants the surge tank located at the treatment plant but than means an expensive underground line has to be installed through residential areas while CTRWD wants the surge tank located further 'upstream' from the treatment plant which costs less. Either solution works from an environmental control perspective. The less expensive solution means some people would likely have an unsightly tank near them. Carmel wants the more expensive solution - surprise!

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