NewCold Has Hot New Plans in Right to Work Indiana
NewCold is investing $150 million in order to expand its facility in Right to Work Lebanon, Indiana. As a result, the company will create 100 new jobs. So this is excellent economic news!
From Area Development Magazine:
“This additional investment of more than $150 million in Lebanon creates the largest automated cold storage facility in the United States. Aside from the positive economic impact, and high-quality employment opportunities, this strengthens resilience in the food supply chain.” […]
“Indiana is the ideal global destination for logistics leaders like NewCold to grow and innovate. […] We are thrilled that the company is significantly increasing its original investment just a few short months after launching operations in Indiana and are confident the state’s top-ranked business climate and skilled Hoosier workforce will continue to propel NewCold’s remarkable growth and success.” […]
“We continue to focus our local economic development strategy on agbioscience companies, including food manufacturers and suppliers such as NewCold. […] Agbioscience companies naturally fit well with our heritage, and we look forward to welcoming more companies like NewCold to our local ecosystem.”
To read the previous economic update on Right to Work states, click here.