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Connersville lines up new tenant for ex-Visteon factory

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An eastern Indiana city could sell a large long-empty factory to a company for $1 as part of a deal for it to hire more than 300 workers.

The factory, mostly vacant since auto parts maker Visteon closed in 2007, was where Carbon Motors had planned to build high-tech police cars with 1,500 workers until its plans fell apart last year.

Connersville officials haven't named the new company, but Indianapolis attorney Rick Hall told the Palladium-Item that a Minnesota-based cabinet maker would spend $12 million on improvements and equipment at the factory.

Connersville's city council and redevelopment commission approved resolutions Monday night giving the company three months to decide whether to finalize the agreement.

Mayor Leonard Urban told the Connersville News-Examiner the company would have at least 309 workers at the factory in five years to buy it for $1.

 

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  • wow
    If this is the same Minnesota cabinet maker that used to be in Kokomo you're in for a shock. All they do is take , then without notice bail town and leave the workers unpaid.

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  1. I am not by any means judging whether this is a good or bad project. It's pretty simple, the developers are not showing a hardship or need for this economic incentive. It is a vacant field, the easiest for development, and the developer already has the money to invest $26 million for construction. If they can afford that, they can afford to pay property taxes just like the rest of the residents do. As well, an average of $15/hour is an absolute joke in terms of economic development. Get in high paying jobs and maybe there's a different story. But that's the problem with this ask, it is speculative and users are just not known.

  2. Shouldn't this be a museum

  3. I don't have a problem with higher taxes, since it is obvious that our city is not adequately funded. And Ballard doesn't want to admit it, but he has increased taxes indirectly by 1) selling assets and spending the money, 2) letting now private entities increase user fees which were previously capped, 3) by spending reserves, and 4) by heavy dependence on TIFs. At the end, these are all indirect tax increases since someone will eventually have to pay for them. It's mathematics. You put property tax caps ("tax cut"), but you don't cut expenditures (justifiably so), so you increase taxes indirectly.

  4. Marijuana is the safest natural drug grown. Addiction is never physical. Marijuana health benefits are far more reaching then synthesized drugs. Abbott, Lilly, and the thousands of others create poisons and label them as medication. There is no current manufactured drug on the market that does not pose immediate and long term threat to the human anatomy. Certainly the potency of marijuana has increased by hybrids and growing techniques. However, Alcohol has been proven to destroy more families, relationships, cause more deaths and injuries in addition to the damage done to the body. Many confrontations such as domestic violence and other crimes can be attributed to alcohol. The criminal activities and injustices that surround marijuana exists because it is illegal in much of the world. If legalized throughout the world you would see a dramatic decrease in such activities and a savings to many countries for legal prosecutions, incarceration etc in regards to marijuana. It indeed can create wealth for the government by collecting taxes, creating jobs, etc.... I personally do not partake. I do hope it is legalized throughout the world.

  5. Build the resevoir. If built this will provide jobs and a reason to visit Anderson. The city needs to do something to differentiate itself from other cities in the area. Kudos to people with vision that are backing this project.

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