How Much is Evonik Investing in Right to Work Indiana?

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Evonik is investing $220 million in order to expand in Right to Work Lafayette, Indiana. As a result, this will create 80 new jobs for the area. So this is great economic news!

From Area Development Magazine:

“With this investment in lipid production, we are further expanding our leading position on the global market and specifically strengthening our Health Care business. […] It supports our strategic transformation into ‘Next Generation Evonik’, contributing value-added solutions with superior environmental and socio-economic profiles to our customers.†[…]

“Indiana is increasingly a leader in medical innovation due to the clustering of quality companies like Evonik that bring high wages and future-focused industry to our state.†[…]

“Evonik’s strategic expansion at Tippecanoe is fantastic news for the entire Greater Lafayette region. […] The town of Shadeland, Lafayette, West Lafayette, Tippecanoe County, the Purdue Research Foundation and Greater Lafayette Commerce all supported this effort and not only look forward to the high-value jobs it will create, but also the important role the new Lipid Center of Excellence will play in our nation’s vaccine preparedness.â€

AREA DEVELOPMENT MAGAZINE

To read the previous Area Development update on Right to Work states, click here.

To read more updates on Right to Work states, click here.


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