A New York City company that makes consumer products will build a production plant in the east-central Indiana town of Cambridge City, according to the Richmond Palladium-Item.
An announcement is scheduled Sept. 25.
The project will cost “tens of millions of dollars,” said Jim Dinkle, president of the Economic Development Corp. of Wayne County. The facility, which will have a refrigerated production floor, will require more than 23 acres.
The Richmond area is still smarting from being abandoned this summer by a Minneapolis startup that said it planned to build an $18 million processing plant in a local industrial park.
The Economic Development Corp. forced Kelsie’s Food and Dairy to forfeit a $10,000 deposit it made on 26 acres because it didn’t meet certain obligations within a 540-day window. The group offered $1.9 million in incentives, and Kelsie’s said it planned a 200-employee facility by 2010.