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Packaging manufacturer plans to expand, add 80 jobs

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Indianapolis-based DGP Intelsius LLC, a manufacturer and distributor of temperature-controlled packaging, announced on Tuesday morning that it plans to add 80 jobs by 2014 as part of an $870,000 expansion.

The company, located at 7696 Zionsville Road, said the investment will go toward equipment, tooling and the leasing of a 13,508-square-foot building. The new facility will include Intelsius' global technical services division, which uses on-site atmospheric chambers to conduct testing of temperature-controlled products.

Intelsius—a unit of England-based DGP Life Science Ltd.—will begin hiring for finance, customer service, business development, information technology, operations and logistics positions later this month.

The Indiana Economic Development Corp. said it will provide Intelsius up to $400,000 in performance-based tax credits and up to $250,000 in training grants based on the company's job-creation plans. The city of Indianapolis will consider additional property tax abatements.

“With the combination of world-class logistics and a highly educated technical work force, Indianapolis is the location of choice for us,” Andrew J. Mills, CEO of Intelsius' Americas division, said in a prepared statement. “We are proud to have our American headquarters based here in the Hoosier state.”

Founded in 1998 as DGP Group, the company developed packaging designed to transport samples suspected of containing Bovine Spongiform Encephalitis, commonly known as mad-cow disease.

Within a year, DGP became the first United Nations-certified BSE sample shipper in the world.

 

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  • Seriously, What?
    I am completely sick of our government throwing so much money at companies for expansions they would have completed anyway. No wonder why governments are broke (I know, Indiana currently has a surplus). I would like someone to calculate how much our city and state provided in "incentives" or tax breaks in a given year. Also, a quick and dirty estimate of mine suggests that it will take 80 employees, 8 years to repay the tax incentives. This is rediculous!
  • What?!?!?!
    We are essentially paying an existing company to expand operations here? It seems strange. If they can't afford to expand then maybe they shouldn't.

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