Plan Calls for 35 New Full-Time Positions by the End of 2021
JEFFERSONVILLE, IND. (October 7, 2019) – Today, officials from One Southern Indiana (1si), the chamber of commerce and economic development organization for Clark and Floyd counties, Ind., in coordination with the Indiana Economic Development Corporation (IEDC), announced Amatrol Inc.’s interest in expanding operations at its current location, 2400 Centennial Blvd., in Jeffersonville, Ind. The proposed 26,000-square-foot expansion would accommodate the company’s growth in domestic and international markets, as well as the introduction of new product lines in smart automation and HVAC hands-on training equipment and e-learning software. Plans call for the hiring of an additional 35 full-time positions at a salary level estimated to be 25 percent above the Clark County average.
Amatrol President Paul Perkins said, “Amatrol now has a plan which, with the support of local and state governments, will allow us to expand our facility to accommodate more clients in new and innovative ways. We are very energized about the possibilities and look forward to working with One Southern Indiana, the City of Jeffersonville and other partners to achieve this goal.”
Company officials will appear this evening before the Jeffersonville City Council to request tax abatement for the proposed $2.5 million expansion project’s qualifying investment. If approved, the tax abatement will allow Amatrol to phase in its property taxes over time.
Jeffersonville Mayor Mike Moore said, “The City of Jeffersonville is very pleased to see the continued improvements and capital investment at Amatrol, Inc. We believe this expansion project is indicative of area manufacturers’ confidence in the region and a national trend to train and skill-up the workforce, in general. As a manufacturer of training equipment, we feel confident Amatrol’s continued growth is a good barometer for the stability of the area’s manufacturing sector.”
Founded in 1978, Amatrol has its origins as a department of Dynafluid, founded by Don and Roberta Perkins. Amatrol was incorporated in 1981, and current President Paul Perkins is the son of the original founder. The company designs, develops and manufactures technical training systems, highly- interactive eLearning, hands-on simulators, and other equipment and software to train entry-level and transitioning employees for many diverse industries such as manufacturing, oil and gas, packaging, etc.
The IEDC offered Amatrol up to $150,000 in conditional tax credits based on the company's job creation plans. The IEDC will also offer up to $200,000 in conditional tax credits from the Hoosier Business Investment (HBI) tax credit program based on the company’s planned capital investment in Indiana. These incentives are performance-based, meaning the company is not eligible to receive incentives until jobs are created and qualified capital investment is made.
“We’re thrilled to see the success Amatrol is having in Jeffersonville, and as a state, we’ll continue to support the company’s growth,” said IEDC President Elaine Bedel. “This innovative company aims to transform the global workforce with its learning solutions and is making a positive impact in the community by offering quality career opportunities for Hoosiers.”
“Amatrol is an internationally recognized, award-winning company that is not only a good community and philanthropic partner in Southern Indiana but also a representative of the best our business community has to offer,” said 1si President and CEO Wendy Dant Chesser. “We congratulate the company and its president, Paul Perkins, on their accomplishments and will work to assist Amatrol in their growth plans in any way possible.”
About Amatrol, Inc.:
Amatrol is the world’s leader in skills-based, interactive technical learning. With a mission to "transform the global workforce one life at a time," Amatrol creates innovative learning solutions for industry and education to equip technicians and operators with the skills they need to adapt and thrive in a rapidly changing workplace. Based in Jeffersonville, Indiana, Amatrol is an ISO 9001:2015 certified company that has won numerous awards such as the Business First Small Business of the Year and the President’s “E” Award for Exports by the United States Department of Commerce. For more information, visit www.amatrol.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:
Amatrol, Inc. – Paul Perkins – 812.288.8285; paul_perkins@amatrol.com
One Southern Indiana - Suzanne Ruark - 812.206.9050; suzanner@1si.org
-30-