Brought to you by WBIW News and Network Indiana
Last updated on Wednesday, September 7, 2016
(PLYMOUTH) - Pretzels Inc., a pretzel and snack producer, announced plans Tuesday to expand its operations here, creating up to 65 new jobs by 2020.
"Here in Indiana, we have worked diligently to establish Indiana as the best place to do business by reducing regulations, cutting taxes and investing in our workforce," said Governor Mike Pence. "Today's news is evidence that Indiana is a state that works for companies like Pretzels Inc. as they continue to choose Indiana to grow their operations. As we enter into our third century, we will continue our economic momentum by equipping our job creators with the tools they need to succeed and creating a pro-growth business environment."
The company, which is a pretzel and snack food private label provider, will invest approximately $15 million to purchase and equip a 45,000-square-foot facility at 2910 Commerce St. in Plymouth. The new plant, which will be the second Indiana location in addition to its Bluffton-based headquarters, will be responsible for the production of peanut butter and bulk pretzel products and will replace the company's Pennsylvania-based manufacturing facility. Operations are expected to start at the beginning of 2017.
Pretzels Inc., which currently has 330 full-time employees at its headquarters in Bluffton, Indiana, plans to hire plant management and supervision, packagers, bakers, machine operators, quality control technicians and sanitation, maintenance and warehouse workers for its new center. Hiring will begin later this year.
"We are excited about the opportunity to build our new plant in Indiana and particularly the Plymouth area," said Chip Mann and Steve Huggins, co-owners of Pretzels Inc., whose fathers started the business over 40 years ago. "We are lifelong Indiana residents and are pleased to continue the growth of our business in our home state."
Founded in 1978, Pretzels Inc. is a family-owned business headquartered in Bluffton, Indiana. The company offers pretzels in over 50 shapes, 20 sizes and 900 varieties for both store brands, private labels and its own Harvest Road products. Its fastest growing product line is peanut butter filled pretzel nuggets, which will be produced at the new Plymouth-based facility.
The Indiana Economic Development Corporation offered Pretzels Inc. up to $350,000 in conditional tax credits based on the company's job creation plans. These tax credits are performance-based, meaning until Hoosiers are hired, the company is not eligible to claim incentives. The city of Plymouth will consider additional incentives at the request of the Marshall County Economic Development Corporation.
"The City of Plymouth is proud to welcome Pretzels Inc. into our community," said Plymouth Mayor Mark Senter. "Plymouth will see the benefits of job creation and a strengthened economy very soon thanks to a team of both state and local leaders who have come together to make this project a reality."
The Hoosier state ranks first in the Midwest and fifth nationally for the cost of doing business and companies like Pretzels Inc. continue to choose Indiana to grow their operations. Today, one in five Hoosiers work in the manufacturing industry and more than 8,500 industry establishments are located across the state.
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