Evansville Lands Tech CenterPosted: Updated:
New Jersey-based Haier America has announced plans to invest $5 million to locate its North America tech center in Evansville and create 50 jobs by 2015. The research and development facility will focus on products including appliances and home entertainment items. Haier says building renovations will begin immediately and should be complete by early next year. The company plans to begin hiring for positions including engineers, designers and lab techs this fall. Evansville Mayor Lloyd Winnecke calls the announcement a "symbolic victory" for the region and the local appliance industry.
September 8, 2014
Evansville, Ind. -- Haier America, a division of the multinational home appliance and consumer electronics manufacturer Haier Group, announced plans today to locate its North American Tech Center here, creating 50 new high-wage jobs by 2015.
Headquartered in New Jersey, Haier America will initially establish a new 30,000 square-foot product research and development tech center in Evansville. With facility renovations to begin immediately, the new tech center is expected to open its doors by early 2015, focusing on support and development for Haier's North American market including appliances, home comfort products and home entertainment products.
"Indiana has quickly become a center for innovation, with companies like Haier America choosing Hoosiers to lead their product development," said Governor Mike Pence. "With their decision, Haier America will gain a central U.S. location, along with taxes and other business expenses designed for affordability. These high-tech jobs are perfect for Indiana, a state where our workforce has the skills and knowledge needed to design products for homes across America."
Haier America currently employs more than 300 associates across the country, with its parent Haier employing more than 70,000 people around the world. Haier America will begin hiring engineers, designers, lab techs, model makers and other professionals this fall. Interested applicants can apply at http://www.haieramerica.com/careers.
"As the world's number one appliance manufacturer, Haier's strategy has been to establish localized R&D and manufacturing bases that allow the company to support each regions’ specifics needs," said Adrian Micu, president and chief executive officer of Haier America. "Evansville has an established infrastructure and workforce that we believe will allow us to quickly and successfully build out a tech center focused on designing products tailored for the unique experiences of the U.S. consumer."
The Indiana Economic Development Corporation offered Haier America Trading, LLC up to $1,400,000 in conditional tax credits and up to $450,000 in training grants 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 Evansville is also offering incentives.
"The decision by Haier to locate a new research and development center in Evansville and initially hire 50 workers is another boost to our local economy," said Evansville Mayor Lloyd Winnecke. "Today's announcement is also a symbolic victory for our region and signifies a re-emergence in the appliance industry in a city with a strong manufacturing history of producing refrigerators and large appliances. It is our combined goal that Haier is successful and continues to create more jobs through creation of a world-class tech center in Evansville and the expansion of product delivery in North America."
Southwest Indiana continues to be a destination of choice for companies to locate and add jobs. Evansville, Indiana’s third-largest city, notably offers business leaders and their employees an optimal quality of life, including affordable housing, accessibility and outstanding public and private schools, including the Signature School, ranked the top high school in the Midwest and seventh in the nation by Newsweek.
About Haier America
Haier America is a division of the multinational Haier Group, a global leader in home appliances and consumer electronics. Haier employs more than 70,000 people around the world and distributes products in more than 100 countries and regions with global revenues reaching $29.5 billion in 2013. For more information, please visit www.haieramerica.com. You can also become a Fan of Haier America on www.facebook.com/Haieramerica or follow Haier America via Twitter @haieramerica.
Created in 2005 to replace the former Department of Commerce, the Indiana Economic Development Corporation is governed by a 12-member board chaired by Governor Mike Pence. Victor Smith serves as the Indiana Secretary of Commerce and Eric Doden is the president of the IEDC.
The IEDC oversees programs enacted by the General Assembly including tax credits, workforce training grants and public infrastructure assistance. All tax credits are performance-based. Therefore, companies must first invest in Indiana through job creation or capital investment before incentives are paid. A company who does not meet its full projections only receives a percentage of the incentives proportional to its actual investment. For more information about IEDC, visit www.iedc.in.gov.
Source: Indiana Economic Development Corp.