Forklift manufacturer Crown Equipment Corp. said Thursday that it will open a second factory in Greencastle as part of an expansion that's expected to create 100 jobs by 2021.
The New Bremen, Ohio-based company said it will lease and equip a facility at 2301 State Road 240, which is across the street from its existing plant.
Crown in recent years has ratcheted up its Indiana employment. The company in 2011 announced plans to add 143 workers at its Greencastle plant and to open a new, 150-worker facility in New Castle. The company exceeded hiring goals and now employs 850 full-time employees across the two facilities.
Crown, which has 14,000 workers across the globe, came to Greencastle more than 20 years ago.
"We greatly appreciate Crown’s investment in our community and the additional employment opportunities," Greencastle Mayor Bill Dory said in a statement. "The company has been very supportive of community growth and educational opportunities. The products produced in Greencastle by local residents support Crown’s global operations and strengthen Greencastle’s connections to the global economy."
The Indiana Economic Development Corp. offered Crown up to $650,000 in tax credits and up to $150,000 in training grants based on the company’s job-creation plans. The incentives are performance based, meaning the company can't claim them until workers are hired. The city of Greencastle will consider the company’s request for local property tax abatement Thursday night.