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CSI to expand existing location in Crawfordsville
Closure Systems International (CSI) is excited to announce the expansion of its Crawfordsville, Indiana, manufacturing facility. This expansion represents investments totaling approximately $25 million in the construction of an additional 200,000-square-foot facility and new manufacturing equipment in the Crawfordsville Commerce Park.
After a year-long process to identify an ideal location for a new facility to accommodate CSI’s increased production demand, the search came down to expanding its current facility in the City of Crawfordsville and a site in a neighboring state.
Floyd Needham, president and chief executive officer of CSI, said, “The expansion of our Crawfordsville facility is an important milestone to support the growth of the company’s closure business. We are excited to increase our footprint in Crawfordsville, where we have maintained a strong presence for many decades. The plant’s culture and our employees’ dedication to making this plant successful differentiated this location and solidified our decision to expand the facility.”
“Crawfordsville is proud to already have a great relationship with CSI, and we are excited to continue that through this new project,” said Crawfordsville Mayor Todd Barton. “Due to the availability of site-ready land, existing infrastructure and rail services, along with highly competitive incentives, Crawfordsville is an ideal location for CSI’s expansion.”
The new facility addition will create up to 50 jobs, adding to the approximately 260 existing jobs at the Crawfordsville location.
“With our state’s pro-growth business climate, and the most concentrated manufacturing workforce in the nation, Indiana is the perfect place for companies like Closure Systems International to scale operations,” said Brock Herr, senior vice president of business development for the Indiana Economic Development Corporation. “The company’s dedication to sustainable development in Indiana and around the globe is admirable, and we’re grateful CSI continues to choose to grow in Indiana, creating even more quality career opportunities for Hoosiers.”
The IEDC committed an investment in Closure Systems International Inc. of up to $1.3 million in the form of incentive-based tax credits based on the company’s plans to create up to 50 new jobs in Crawfordsville and up to 10 in Indianapolis. These tax credits are performance-based, meaning the company is eligible to claim incentives once Hoosiers are hired.
As a part of their location decision-making process, CSI will seek a tax abatement incentive from the City of Crawfordsville for the facility and equipment investments. Pending city approval, construction on the site will begin this spring.
CSI adding up to 50 jobs in Crawfordsville
Closure Systems International announced that the global leader in designing and manufacturing innovative closures is expanding its Crawfordsville facility. This expansion represents an additional 50 jobs and investments totaling approximately $25 million in the construction of an additional 200,000-square-foot facility and new manufacturing equipment in the Crawfordsville Commerce Park.
After a year-long process to identify an ideal location for a new facility to accommodate CSI’s increased production demand, the search came down to expanding its current facility in the City of Crawfordsville and a site in a neighboring state.
“The expansion of our Crawfordsville facility is an important milestone to support the growth of the company’s closure business,” Floyd Needham, CSI president and chief executive officer, said. “We are excited to increase our footprint in Crawfordsville, where we have maintained a strong presence for many decades. The plant’s culture and our employees’ dedication to making this plant successful differentiated this location and solidified our decision to expand the facility.”
Of course the news generated excitement in the city.
“Crawfordsville is proud to already have a great relationship with CSI, and we are excited to continue that through this new project,” Crawfordsville Mayor Todd Barton said. “Due to the availability of site-ready land, existing infrastructure and rail services, along with highly competitive incentives, Crawfordsville is an ideal location for CSI’s expansion.”
The new facility addition will create up to 50 jobs, adding to the approximately 260 existing jobs at the Crawfordsville location. As a part of their location decision-making process, CSI will seek a tax abatement incentive from the city. Pending city approval, construction on the site will begin this spring.
“With our state’s pro-growth business climate, and the most concentrated manufacturing workforce in the nation, Indiana is the perfect place for companies like Closure Systems International to scale operations,” said Brock Herr, senior vice president of business development for the Indiana Economic Development Corporation. “The company’s dedication to sustainable development in Indiana and around the globe is admirable, and we’re grateful CSI continues to choose to grow in Indiana, creating even more quality career opportunities for Hoosiers.”
The IEDC committed an investment in Closure Systems International Inc. of up to $1.3 million in the form of incentive-based tax credits based on the company’s plans to create up to 50 new jobs in Crawfordsville and up to 10 in Indianapolis. These tax credits are performance-based, meaning the company is eligible to claim incentives once Hoosiers are hired.
CSI is a global leader in designing and manufacturing innovative closures for a wide range of applications in consumer and industrial markets. In addition to high quality closures and capping equipment, CSI provides unparalleled customer and technical services for high-speed application systems. Major categories served include carbonated soft drinks, bottled water, juices, isotonics, teas, adult beverages, dairy, foods, pharmaceutical and automotive fluids. CSI is headquartered in Indianapolis, IN, and produces 50+ billion closures annually across its 9 manufacturing sites. For more information, visit CSI’s website at www.csiclosures.com