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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowAn Italian company that makes wind turbines is pushing back plans to open a high-profile Indiana factory near Muncie.
Brevini officials announced in October that production was expected to begin in mid-2010 at a $60 million plant that would bring 450 jobs averaging $46,000 a year to the area.
But Brevini USA President Sal Spada said yesterday he now expects production to begin in late 2010 or early 2011 because of the national recession. The plant has yet to be built and Spada calls the start of production a “moving target.”
Despite the delay, Spada told the Star Press of Muncie that the company is moving ahead with plans to move its national headquarters from suburban Chicago to Delaware County. That office will begin intermittent hours within a few weeks.
Delaware County lured Brevini to the Muncie area with numerous incentives, including $1.4 million in local economic development income tax funds, $1.6 million in tax increment financing and $1.9 million in infrastructure improvements, including a rail improvement.
The state kicked in $3.9 million in Hoosier business investment tax credits, $300,000 in job training assistance in partnership with Ivy Tech Community College and infrastructure development assistance.
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