By Chris Bavender
Two businesses set to open soon in Whitestown will bring almost 200 jobs and more than $7.5 million in salaries to the area. Royal Interpack North America and NTN Bearing Corp. of America want to move into their new spaces as early as this month.
“These jobs pay close to $20 per hour, which works out to be about $41,600 per year. Many of those employees will eat and shop here in Whitestown. Some may even decide they’d like to live here,” Whitestown Town Manager Dax Norton said. “These newly created salaries will provide a significant economic boost to our local economy. Combined, the two companies will also bring a total of more than $22 million dollars in taxable, assessed value to our community, and those additional tax dollars can be used to improve parks, trails and infrastructure in that area.”
Royal Interpack, a Thailand-based company with U.S. headquarters in California, focuses on fresh food packaging. It plans to move into a 130,000-sqaure-foot space on Anson Boulevard.
NTN specializes in automotive and industrial equipment and has more than 65 plants worldwide, including in Columbus and Anderson. It will occupy a 280,000 square foot space on Performance Way.
Norton said Whitestown’s location keeps it relevant as companies look to expand.
“Our location is perfect for companies to ship their products across the Midwest and beyond,” he said. “We are right off the interstate, just a few miles north of the 15th-largest city in the country, Indianapolis. We also have the available land and space.”
NTN’s move to Whitestown will make it the first Japanese company to locate in Boone County.
“We are always working closely with the Boone EDC to bring in direct foreign investment,” Norton said. “They do a good job of marketing Boone County to businesses all over the world.”