Business is booming at Greenfield manufacturer ATMI Indy LLC, which is acquiring an 18-acre property from the Indianapolis Airport Authority to accommodate the company’s growth.
The company is in the process of buying the parcel directly south of its manufacturing plant at 6324 W. Stoner Drive and west of Indianapolis Regional Airport for $848,000.
The airport authority approved the sale Friday. The deal is expected to close within 120 days.
ATMI Indy makes, delivers and installs precast concrete panels for use in construction projects including warehouse, industrial, retail and office projects. The company was founded in 2003 and has about 100 employees. Its parent company is Aurora, Illinois-based ATMI Precast.
“Business is pretty brisk right now. We’ve kind of run out of room to store our panels,” said John Gress, business development manager at ATMI Indy.
The 18-acre site is currently an undeveloped agricultural field. Gress said ATMI Indy plans to begin grading and prepping the site in the spring to turn it into an outdoor storage area.
Warehouse and industrial projects represent ATMI Indy’s bread and butter, Gress said, but the company’s panels are also used in other types of construction including retail, office and institutional buildings.
Locally, the company’s panels have been used in projects including Dallara’s IndyCar chassis plant in Speedway; Daredevil Brewing Co. in Speedway; the Ken’s Foods manufacturing and distribution facility in Lebanon; and Ed Martin Toyota in Noblesville, among many others.