Chicago-based Peer Foods Group Inc., a meat producer and distributor, said Wednesday that it plans to create 80 jobs by 2014 as part of a $5.5 million expansion into Hancock County.
The company said the investment will go toward purchasing and equipping a 33,000-square-foot plant in Cumberland. The facility, which is expected to be operational in the summer, will add capacity for Peer Foods’ gourmet sausage and hot dog production lines.
Peer Foods employs 240 at two existing Indiana locations—a distribution facility in Indianapolis and a production facility in Columbus—and has begun hiring for manufacturing, production and packaging positions in Cumberland.
The Indiana Economic Development Corp. said it will provide Peer Foods up to $400,000 in performance-based tax credits based on the company’s job-creation plans. Hancock County has approved additional property tax abatements.
Founded in 1867, Peer Foods specializes in cooking, smoking and roasting pork, beef, chicken and turkey for distribution. Its customers include Heavenly Ham, Friendly's Restaurants, US Foodservice and Wal-Mart Stores.