Indiana Packers Corp. has announced plans to locate a pork shipping center in Frankfort, Ind., creating up to 98 new jobs by 2016.
A subsidiary of Japan-based Mitsubishi Corporation, Indiana Packers said it will invest $2.28 million to purchase, renovate and equip a 56,500 sq.-ft. facility. The company said the new facility will be operational in August and allow the company to conduct fresh pork shipping and warehouse receiving operations.
Founded in 1991, Indiana Packers produces 3.5 million pounds of fresh pork daily. Offering smoked meat product lines under the Indiana Kitchen brand, Indiana Packers serves retail and food service customers across the country and exports products to 31 foreign countries.
The Indiana Economic Development Corporation offered Indiana Packers up to $400,000 in conditional tax credits and up to $139,500 in training grants based on the company's job creation plans. The city of Frankfort will consider additional property tax abatement.