Mead Johnson Nutrition plans to spend nearly $33 million at a southwestern Indiana facility where it plans to start making
powdered infant formula products.
The company announced today that it expects to add about 35 workers in Evansville for the new product line that is scheduled to be operational by the end of next year. Mead Johnson currently makes liquid infant formula products at the plant and employs about 1,200 workers.
The Indiana Economic Development Corp. offered Mead Johnson up to $3.25 million in performance-based tax credits and up to $28,500 in training grants based on the company's job-creation plans. Evansville will create a tax-increment financing district that will allow Mead Johnson to capture and reinvest property taxes. It will also offer property-tax abatement.
Mead Johnson Senior Vice President Jeff Jobe says the new line is aimed at meeting the growing consumer demand for powdered infant-formula products.
Evansville Mayor Jonathan Weinzapfel said he's glad the city is continuing its partnership with Mead Johnson, which has also developed a new research center in the city and started using methane gas from a landfill for its plant.