Private, Public Parties Partner in Pike County

Posted: Updated:
Image of I-69 interchange at Petersburg in Pike County courtesy of Hoosier Energy. Image of I-69 interchange at Petersburg in Pike County courtesy of Hoosier Energy.

A public-private partnership is seeking development options for a large property in Pike County. The 340-acre tract called Generation Springs is located near the Petersburg exit of I-69 and recently earned Indiana Site Certified Silver. Pike County Economic Development Corp. Executive Director Ashley Willis says the designation gives it a competitive advantage for business-attraction efforts. Indianapolis-based mining company Solar Sources Inc., which has an office in Petersburg, owns the land. It is part of 3,100 acres that will be the subject of future master planning.

In all, the land is included in an 8,000-acre tract that is owned by Solar Sources. It has been approved as a Megasite Tax Increment Financing District by the county.

Solar Sources Business Development Executive John Mandabach is on the executive board for the Pike County EDC and says public and private stakeholders benefit from potential site development. He calls the state certification "the first stage of development" for thousands of acres. Mandabach says collaboration has been key. "One of the great things about Pike County is there is a unified vision for economic development there," he told Inside INdiana Business. "Unlike some other areas that might have some challenges getting everyone on-board, here you've got elected officials, whether that's county councilmen or commissioners, the mayor of Petersburg, which supplies the water and wastewater (services) for the majority of the county, as well as Solar Sources, WIN Energy-Hoosier Energy, all in alignment, all with the same vision and marching to the same beat."

A consultant to handle master planning for a portion of the acreage could be identified within a year. Willis says she's "elated" with the work among the various partners. "It affirms the shared vision for growth between the public and private sectors and further cements Pike County’s full commitment to economic development."

The PCEDC will hold a news conference Wednesday morning at the Pike County Courthouse to detail the partnerships. You can connect to more about Generation Springs' designation by clicking here.

  • Perspectives

    • Ahh…Yes! Turning a Hot Mess into a Cool Breeze

      "Problems cannot be solved by the level of thinking that created them," is attributed to Einstein over 75 years ago. This still holds true, particularly in challenging communications. Many people address conflict at the level it was created by rehashing and building more evidence for their ‘side’ of an argument. Repeating a position tends to intensify the separation of people.



  • Most Popular Stories

    • Bob Stutz

      New Role For Salesforce Exec

      After three years on the job, Salesforce Marketing Cloud Chief Executive Officer Bob Stutz is moving into a new role. Stutz, who will remain in Indianapolis, is now executive vice president of strategic partners at Salesforce (NYSE: CRM).  Since arriving in Indianapolis, Stutz has overseen the establishment of the company’s regional headquarters in downtown Indianapolis, which included the Salesforce name being placed atop the state’s tallest building.

    • Red Star announced plans to expand and add 18 jobs.

      Larwill Medical Device Maker to Expand, Add Jobs

      A Whitley County-based medical device maker has announced plans to expand its facility in Larwill which should mean new jobs. Red Star Contract Manufacturing Inc. says it will invest $1.6 million in real estate improvements and additional equipment and will create 18 new jobs by 2022. 

    • Purdue Global Now Offers Analytics Degree

      The U.S. Bureau of Labor Statistics reports that jobs in the field of data analysis are projected to grow 26 percent over the next ten years. Acting upon that data, Indianapolis-based Purdue University Global has launched a new Bachelor of Science degree program in analytics. 

    • Regal Beloit is closing in Valparaiso. (photo courtesy; The Times of Northwest Indiana)

      Valpo Bearings Plant to Close, Eliminating 160+ Jobs

      Wisconsin-based Regal Beloit Corp. and the union representing workers have reached an agreement about the closing of a helicopter bearing factory in Valparaiso. According to our partners at The Times of Northwest Indiana, the decision will cost between 160 to 170 workers their jobs. 

    • (image courtesy of The Times of Northwest Indiana)

      U.S. Steel Updates Layoff Notice to State

      Pittsburgh-based U.S. Steel Corp. (NYSE: X) has updated the State of Indiana regarding its previously announced layoffs at the East Chicago Tin Mill. The company says 314, rather than 307, workers will be displaced when the mill is idled this fall.