Mooresville farm equipment maker expanding operations

Equipment Technologies, a manufacturer of agricultural spraying equipment, plans to invest nearly $6.4 million in an expansion of its Mooresville operations, more than doubling its work force by 2015.

Founded in 1997, the company is the largest independently owned maker of self-propelled sprayers in North America. It already employs for than 50 at its 108,000-square-foot manufacturing facility and headquarters, and plans to add about 60 jobs as it builds a separate 50,000-square-foot warehouse and training facility.

The firm’s name-plated Apache sprayer, distributed to farm equipment retailers throughout North America, Australia and Eastern Europe, was named 2010 Product of the Year by publishers of No-Till Farmer magazine.

"Being located in central Indiana places us in the heart of our market and provides good transportation access for distribution,” CEO Matt Hays said in a prepared statement.

Indiana Economic Development Corp. offered Equipment Technologies up to $550,000 in performance-based tax credits and as much as $25,000 in training grants based on its job-creation plans. The town of Mooresville provided infrastructure assistance and property tax abatement at the request of the Morgan County Economic Development Corp.  


Please enable JavaScript to view this content.

Editor's note: IBJ is now using a new comment system. Your Disqus account will no longer work on the IBJ site. Instead, you can leave a comment on stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Past comments are not currently showing up on stories, but they will be added in the coming weeks. Please note our updated comment policy that will govern how comments are moderated.

{{ articles_remaining }}
Free {{ article_text }} Remaining
{{ articles_remaining }}
Free {{ article_text }} Remaining Article limit resets in {{ count_down }} days.