NetShape Technologies is already the biggest employer in the small Washington County town of Campellsburg, but when the company relocates some of its operation from Illinois over the next three years, the city’s workforce will balloon by more than 10%.
Governor Mitch Daniels rode his motorcycle to the jobs announcement and says some of the $7.8 million investment will go toward making metal parts for emerging technologies, including fuel cells. Daniels, who’s frequently chastised Illinois leaders for raising taxes and making it tougher for companies to invest there, said the Campbellsburg announcement is an example of how Indiana aims to be more appealing than its neighbors.
“If they’ve headed the other direction, sooner or later they’ll figure it out as they watch more and more companies decide that they’d rather come to Indiana, where they’ve got a little better chance to get their money back,” Daniels said.
The Indiana Economic Development Corporation will give NetShape, which is headquartered in Sellersburg, $360,000 to help make the move.