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EnerDel hopes to hire 1,100 at new manufacturing plant

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Fast-growing lithium battery-maker EnerDel will announce plans Thursday afternoon to hire 1,100 people over the next five years at a new Hancock County manufacturing plant in a Mount Comfort business park just north of Interstate 70.

EnerDel will receive government incentives worth $53.1 million in exchange for its expansion commitment. Hancock County will provide $30 million in incentives, primarily in the form of tax abatements. The Indiana Economic Development Corp. will kick in another $21.3 million in performance-based incentives.

The average wage for EnerDel’s new jobs is expected to be $18.50 per hour.

“It truly is a poster child for how an economic development project like this plays out,” said Dennis Maloy, executive director of the Hancock Economic Development Council. “We think they’ll be a great corporate citizen for Hancock County. We’re looking forward to a long relationship.”

Gov. Mitch Daniels is scheduled to be on hand for EnerDel’s 1 p.m. press conference. It’s an announcement that’s been in the works for at least six months.

Last July, Maloy said, IEDC project manager Todd Cook contacted him to arrange a meeting with EnerDel, which was already well along in the process of site selection for a new plant. The company had begun scouring central Indiana, particularly Marion and Hamilton counties, Maloy said, as well as potential sites in Michigan. Locally, Mark Writt, senior vice president of Los Angeles-based CB Richard Ellis, represented EnerDel in its search.

EnerDel was attracted to the Mount Comfort site, Maloy said, because it’s “shovel ready” and then some. Last September, Browning Inc. completed construction on a pair of brand-new buildings there designed for light manufacturing or distribution. EnerDel chose the larger of the two, a 423,000-square-foot facility with multiple back doors and cross-docking. Maloy said the other, at 250,000 square feet, is under consideration by several other possible tenants. There are also about 75 acres behind the buildings that could accommodate another facility of up to 1 million square feet.

Prior to construction, Browning had secured 10-year tax abatements on both buildings, Maloy said. Hancock County also has agreed to offer further abatements on EnerDel’s equipment. He said the company expects to spend $277 million to get the plant running. EnerDel is seeking a $480 million federal loan from the Department of Energy to underwrite expansion. Heavy manufacturing at the site requires a zoning variance, but Maloy considers that a formality.

Maloy said he isn’t sure what sealed the deal for Hancock County, but expects EnerDel’s decision mainly came down to cost analysis and the flexibility of Browning’s new building. He pointed out that Hancock County has established a tax-increment financing, or TIF District, for the area, allowing it to capture taxes that will be used initially to expand both Mount Comfort Road and County Road 300 to four lanes.

“It’s a big win for Hancock County,” Maloy said. “It’s our mission here at the Hancock Economic Development Council to attract and retain high-value jobs. These certainly fall into the category.”

EnerDel, a subsidiary of New York-based Ener1, is a startup maker of battery packs for electric vehicles and other uses. It has grown from 41 employees a year ago to 180 today. The company had already received tax incentives and announced plans to create 400 jobs at its current locations in Indianapolis and Noblesville by 2012.

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  • employment 2012
    thank you for the opportunity.
  • employment 2012
    thank you for the opportunity.
  • Project Manager
    Being a resident of Hancock County, how can I invest?

    Thanks,

    Greg
  • How to Contact EnerDel
    Send by E-mail, a resume and cover letter to:
    Jobs@Enerdel.com. This is what I have done.
  • I NEED A EMAIL ADDRESS
    LOOKING FOR EMAIL ADDRESS TO RESUME TO THE ONE i HAVE WEBMASTER@ENERDAL.COM DOSEN'T SEEM TO BE GOOD.WORK FOR NAVISTAR UNTIL THEY CLOSED LAST YEAR.lOOKING FOR A PLACE TO WORK MY CAREER OUT AT.FEEL WE COULD HELP EACH OTHER.PLEASE SEND ME EMAIL AND i WILL SEND MY RESUME THANK YOU RICK CROSBY
  • Hiring
    Just wondering either where or how would I go to put my resume in for EnerDel? I have 20 + years in manufactoring, I think I would be a good fit there! Also lost my job last year!
    Thanks for your time!

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  1. why oh why does this state continue to elect these people....do you wonder how much was graft out of the 3.8 billion?

  2. i too think this is a great idea. I think the vision and need is there as well. But also agree with Wendy that there may be better location in our city to fulfill this vision and help grow the sports of hockey and figure skating in Indy. Also to help further develop other parts of the city that seem often forgotten. Any of the other 6 townships out side of the three northernmost could benefit greatly from a facility and a vision like this. For a vision that sounds philanthropic, the location is appears more about the money. Would really like to see it elsewhere, but still wish the development the best of luck, as we can always use more ice in the city. As for the Ice growth when they return, if schedules can be coordinated with the Fuel, what could be better than to have high level hockey available to go see every weekend of the season? Good luck with the development and the return of the Ice.

  3. How many parking spaces do they have at Ironworks? Will residents have reserved spaces or will they have to troll for a space among the people that are there at Ruth Chris & Sangiovese?

  4. You do not get speeding ticket first time you speed and this is not first time Mr.Page has speed. One act should not define a man and this one act won't. He got off with a slap on the wrist. I agree with judge no person was injured by his actions. The state was robbed of money by paying too much rent for a building and that money could have been used for social services. The Page family maybe "generous" with their money but for most part all of it is dirty money that he obtained for sources that are not on the upright. Page is the kind of lawyer that gives lawyers a bad name. He paid off this judge like he has many other tine and walked away. Does he still have his license. I believe so. Hire him to get you confiscated drug money back. He will. It will cost you.

  5. I remain amazed at the level of expertise of the average Internet Television Executive. Obviously they have all the answers and know the business inside and out.

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