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New Albany, Ind. (December 5, 2016) – Through the coordination of One Southern Indiana (1si), representatives of W.M. Kelley Company, Inc., will appear in front of the New Albany City Council this evening to request personal and real property tax abatements for a proposed expansion of their facility at 620 Durgee Road in New Albany, Ind.
W.M. Kelley Company, Inc., is a hometown company established in New Albany in 1971. The company currently specializes in material handling equipment, conveyor systems and custom metal manufacturing for customers nationwide and internationally. Should the New Albany Council approve the tax-abatement request, W.M. Kelley Company, Inc., plans to add 14,000 square feet to its current facility. In addition, the company plans to invest over $850,000 in new production and technology equipment.
The proposed expansion/retention project represents a capital investment of approximately $1.87 million and will create 14 new full-time positions. This is in addition to the 69 jobs that will be retained for a total annual payroll of more than $3.8 million.
“W.M. Kelley Company, Inc., is appreciative of the help given by the city of New Albany, One Southern Indiana and the Indiana Economic Development Corporation (IEDC) in preparing this request and for the assistance given in the planning stages of our expansion,” said Mike Kelley, president of W.M. Kelley Company, Inc. “We are a long-time corporate resident of Floyd County, and, like the beforementioned entities, care not only about our own achievements but also the success of our workforce and the community as a whole. We are proud that the demand for our products continues to grow and hope to contribute to the success of our customers, our employees and the region for many years to come.”
W.M. Kelley Company, Inc., has also been offered a grant of up to $75,000 from IEDC Skills Enhancement Fund for training the company’s eligible, Indiana resident employees. This flexible training program will provide partial reimbursement for a wide variety of training costs. The training grant will be for a two-year period and will be limited to a maximum of 50 percent of the company’s eligible training costs.
“The gears of Indiana’s manufacturing economy keep turning,” said Governor Mike Pence. “Indiana leads the nation with the strongest concentration of manufacturing jobs, and we’re proud of our low-regulation, low-tax business climates that helps companies grow and expand. And we’re proud of our Hoosier workforce, whose skills and work ethic are the catalysts behind Indiana’s job creation and why homegrown success stories like W.M. Kelley continue to expand across our state. I’m glad W.M. Kelley chose to build their business in the Hoosier state, and I’m looking forward to its continued growth.”
New Albany Mayor Jeff Gahan commented, “Congratulations on the success of W.M. Kelley Company and news of its planned expansion. The City of New Albany strives to create a positive business environment for all businesses and employees, and we are thrilled W.M. Kelley Company is proposing an expansion here in our city.”
“It is always a pleasure for 1si to announce the expansion of a local manufacturer, and we look forward to the anticipated growth of W.M. Kelley Company, Inc.,” said Wendy Dant Chesser, president and CEO of 1si. “Over its 45-year history in New Albany, this company has built a reputation for reliability, quality and corporate citizenship, and we congratulate them on the continued increase in production, which has made this expansion necessary.”
About W.M. Kelley Company, Inc.
W.M. Kelley is a small, family-owned, non-union manufacturing facility. Established in 1971 in New Albany, Indiana, the company is outfitted with state-of-the-art fabrication equipment and has more than 40 years of experience in metal manufacturing. W.M. Kelley Company, Inc. specializes in the design and manufacturing of material handling equipment, custom metal fabrication components and complete assemblies.
A proud member of the Indiana Manufacturers Association and the Voluntary EPA Waste Wise Program, W.M. Kelley Company, Inc., works to provide their customers with quality products while remaining eco-friendly. For more information on W.M. Kelley Company, Inc., visit: www.wmkelley.com.
About One Southern Indiana:
One Southern Indiana (1si) was formed in July of 2006 as the economic development organization and chamber of commerce serving Clark and Floyd counties. 1si’s mission is to provide the connections, resources and services that help businesses innovate and thrive in the Southern Indiana / Louisville metro area.
Since its inception, the organization has evolved to include a three-prong approach to serve its members and investors. Business Resources, as the chamber side of the organization, encompasses membership, signature events and programs which support and encourage business growth; Economic Development works to grow the regional economy through the attraction of new commerce and assists with retention and expansion of existing businesses; Advocacy supports businesses at the government level by engaging in the initiatives to preserve, protect and promote a business friendly environment free of obstacles to growth and development of commerce. For more information on One Southern Indiana, visit www.1si.org
MEDIA CONTACTS:
W.M. Kelley Company, Inc. - Ryan Banet – 812.945.3529; RBANET@WMKELLEY.COM
One Southern Indiana - Suzanne Ruark - 812.206.9050; suzanner@1si.org
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