Photo: Courtesy Flickr/David Lewis
A turkey processing plant that could create up to 600 jobs is under construction in Vincennes. Governor Mitch Daniels and Farbest Foods executives broke ground Tuesday on the new facility.
The governor announced in December that Farbest Foods would invest nearly $70 million in a new processing plant in Vincennes. The company already operates two facilities in Huntingburg and Dubois, but they are at capacity.
Farbest plans to begin hiring next year and eventually grow its staff at the Vincennes plant to about six hundred.
Katelyn Hancock is the spokesperson for the Indiana Economic Development Corporation, the agency that is charged with creating jobs in the state. She says her group offered Farbest $3.8 million in conditional tax credits and $200,000 in grants for job training.
“That’s based on their job creation plan for 600 new jobs by the end of 2017. And these credits are performance based so that means Farbest must first hire Hoosiers and then they will be able to claim the credits,” Hancock says.
If Farbest does not fill all 600 positions they will receive a pro-rated credit. All the employees must be Indiana residents for Farbest to get the tax benefits.