IBJNews

East-side contract manufacturer plans to add 144 jobs

Back to TopCommentsE-mailPrintBookmark and Share

A fast-growing contract manufacturer that makes and packages shampoos, conditioners and hair spray for brand-name companies plans to quadruple its number of employees within the next four years.

Mansfield-King LLC on Indianapolis’ east side is asking the city for property-tax abatements as part of its effort to create 144 jobs by 2016 through a $3 million expansion. The company currently has 45 employees.

Mansfield-King plans to spend $2.5 million on new manufacturing equipment, including mixing, filling and packaging machines, according to city documents.

In addition, the company plans to spend $490,000 to upgrade its 180,000-square-foot plant near East Washington Street and South Kitley Avenue.

The city’s Metropolitan Development Commission is scheduled to hear the company’s request for abatements at its Wednesday meeting. The MDC staff recommends 10-year abatements for both investments.

The company is expected to pay about $153,000 in property taxes during the 10-year period and save $202,263.

Mansfield-King said the 144 jobs it plans to create will pay an average wage of $22 an hour.

The company has been on a tear since its founding in 2005. Revenue grew 136 percent, from $2.9 million in 2008 to $6.8 million in 2010, placing it 11th in IBJ’s latest ranking of the Indianapolis area’s fastest-growing companies.

Mansfield-King was founded by John Cleary and Charles Haywood. The two graduated from Indiana University in 1990 and met while working for a Chicago law firm.

They moved from mergers and acquisitions there to management jobs with Indianapolis companies to acquiring the assets of Signature Brands Group, a local personal-care manufacturer, in 2005.

They christened their new company Mansfield-King, using names from their maternal grandparents. Cleary is no longer involved in the company.
 

ADVERTISEMENT

Post a comment to this story

COMMENTS POLICY
We reserve the right to remove any post that we feel is obscene, profane, vulgar, racist, sexually explicit, abusive, or hateful.
 
You are legally responsible for what you post and your anonymity is not guaranteed.
 
Posts that insult, defame, threaten, harass or abuse other readers or people mentioned in IBJ editorial content are also subject to removal. Please respect the privacy of individuals and refrain from posting personal information.
 
No solicitations, spamming or advertisements are allowed. Readers may post links to other informational websites that are relevant to the topic at hand, but please do not link to objectionable material.
 
We may remove messages that are unrelated to the topic, encourage illegal activity, use all capital letters or are unreadable.
 

Messages that are flagged by readers as objectionable will be reviewed and may or may not be removed. Please do not flag a post simply because you disagree with it.

Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
Subscribe to IBJ
  1. Why not take some time to do some research before traveling to that Indiana town or city, and find the ones that are no smoking either inside, or have a patio? People like yourself are just being selfish, and unnecessarily trying to take away all indoor venues that smokers can enjoy themselves at. Last time I checked, it is still a free country, and businesses do respond to market pressure and will ban smoking, if there's enough demand by customers for it(i.e. Linebacker Lounge in South Bend, and Rack and Helen's in New Haven, IN, outside of Fort Wayne). Indiana law already unnecessarily forced restaurants with a bar area to be no smoking, so why not support those restaurants that were forced to ban smoking against their will? Also, I'm always surprised at the number of bars that chose to ban smoking on their own, in non-ban parts of Indiana I'll sometimes travel into. Whiting, IN(just southeast of Chicago) has at least a few bars that went no smoking on their own accord, and despite no selfish government ban forcing those bars to make that move against their will! I'd much rather have a balance of both smoking and non-smoking bars, rather than a complete bar smoking ban that'll only force more bars to close their doors. And besides IMO, there are much worser things to worry about, than cigarette smoke inside a bar. If you feel a bar is too smoky, then simply walk out and take your business to a different bar!

  2. As other states are realizing the harm in jailing offenders of marijuana...Indiana steps backwards into the script of Reefer Madness. Well...you guys voted for your Gov...up to you to vote him out. Signed, Citizen of Florida...the next state to have medical marijuana.

  3. It's empowering for this niche community to know that they have an advocate on their side in case things go awry. http://www.youtube.com/watch?v=Lrst9VXVKfE

  4. Apparently the settlement over Angie's List "bundling" charges hasn't stopped the practice! My membership is up for renewal, and I'm on my third email trying to get a "basic" membership rather than the "bundled" version they're trying to charge me for. Frustrating!!

  5. Well....as a vendor to both of these builders I guess I have the right to comment. Davis closed his doors with integrity.He paid me every penny he owed me. Estridge,STILL owes me thousands and thousands of dollars. The last few years of my life have been spent working 2 jobs, paying off the suppliers I used to work on Estridge jobs and just struggling to survive. Shame on you Paul...and shame on you IBJ! Maybe you should have contacted the hundreds of vendors that Paul stiffed. I'm sure your "rises from the ashes" spin on reporting would have contained true stories of real people who have struggled to find work and pay of their debts (something that Paul didn't even attempt to do).

ADVERTISEMENT