The company plans to invest more than $3.7 million to renovate its current operations in Plainfield.
Starting this year, lower-level felons convicted of crimes such as theft or battery are being sentenced to county jail rather than state prison.
Although there is still some work left to be done, fundraising efforts for the new facility have exceeded expectations.
The announcement comes just after the governor’s week-long trade mission to Japan.
The target completion date for the project is September 2016.
Cook officials say they will invest $28 million to renovate and equip their facility in Bloomington.
A 34,000-square foot addition will be added to the front of the existing SPEA building.
The Senate responded to last year's murder in a Purdue classroom with a bill allowing the death penalty for shootings in schools or during worship services.
Camp Atterbury completed barracks and a dining facility as well as a railhead and deployment center.
Valeo is working on a 27 million dollars project to modernize the plant and bring more jobs.