Helmer Inc. expanding headquarters

0

Artist rendering of Helmer Inc. expansion

Helmer Inc., a manufacturer of laboratory equipment and refrigerated products, announced plans to expand its headquarters in Noblesville, creating up to 46 new jobs by 2014 (averages wages are $41,000 with benefits). The life sciences company will invest $10.56 million to construct a 137,500-square-foot manufacturing and global operations facility at the Noblesville Saxony Corporate Campus and move its operations from 14395 Bergen Blvd. in Noblesville.

As part of the project, Helmer Inc. will purchase advanced manufacturing equipment and make technical infrastructure upgrades. Construction on the new facility has already begun. Helmer Inc., which has nearly 150 full-time employees in Indiana, has already begun hiring additional engineering, manufacturing, marketing and sales positions.

The Indiana Economic Development Corp. offered Helmer Inc. up to $300,000 in conditional tax credits based on the company’s job creation plans. These tax credits are performance-based, meaning until Hoosiers are hired, the company is not eligible to claim incentives.

The City of Noblesville approved additional tax phase-ins of $2.25 million for personal property on Nov. 29. Helmer Inc. has been in Noblesville since 1987.

“In 2008, Helmer employed 98 people and is projected in 2014 to have 195 employees,” said Judi Johnson, Noblesville economic development director. “It is a success story for the city. It (the company) has continued to develop here. They (employees) tell us they are happy to be here and the city meets all their needs.”

Share.

Comments are closed.