Leaders: Monosol, Community Connect in Lebanon

Posted: Updated:
LEBANON -

The groundbreaking ceremony for a new manufacturing facility in Lebanon signifies Boone County will be home to six businesses owned by Japanese companies. MonoSol, a Merrillville-based subsidiary of Kuraray in Japan, makes water-soluble films used for products like detergent pods. The $72 million facility is expected to employ 89 by 2020.

Boone County Economic Development Corp. Executive Director Molly Whitehead says continued Japanese investment is the result of years of focus. "You look at the state of Indiana and their efforts to bring in that new Japanese investment over the past 20 or 30 years. As an organization, as a community, we have tried to make more advances in that ourselves," Whitehead says. "Be more intentional about relationship-building, visiting Japan and ensuring that we can be good partners to those companies that locate here and want to develop that long-term relationship."

MonoSol has six manufacturing operations in the United States, four of which are in Indiana. Whitehead says the manufacturer fits well with the area's target sectors.

MonoSol Chief Executive Officer Scott Bening says the "great energy" in Lebanon and its close proximity to customers throughout the Midwest make it the right choice. The new employees the company will add in central Indiana, Bening says, will come in without the necessary skills, will get trained up "and they typically come and they never leave." The new location will be about two hours from MonoSol's current operations in northwest Indiana and he says it will provide "a great learning experience for us as we continue to grow globally." Bening adds the central Indiana workforce and the degrees offered at area colleges and universities will help fill the companies needs.

  • Perspectives

    • Do You Make These Top 5 Marketing Mistakes?

      Picture this: You’re the CEO of a multi-million dollar company. In just a few short years, you have led your firm in quickly become a rising star within your industry. Now, you’re ready to make your entrance into the big leagues known at this year’s premier tradeshow. The only problem is that your rapid growth has outpaced your "DIY" marketing. And to be taken seriously at the next level, your company needs a strong marketing message that clearly...

    More

Subscribe

Name:
Company Name:
Email:
Confirm Email:
HTML
INside Edge
Morning Briefing
BigWigs & New Gigs
Life Sciences Indiana
Indiana Connections
INPower
Subscribe
Unsubscribe

Events



  • Most Popular Stories

    • Thor Set to Become Largest RV Maker in The World

      Elkhart-based Thor Industries Inc. (NYSE: THO) has announced an agreement to acquire a German recreational vehicle manufacturer for approximately $2.4 billion. Once complete, Thor says the deal for Erwin Hymer Group SE will create the world's largest RV maker. EHG currently employs more than 7,300 globally and its RVs are sold through a network of over 1,200 retailers. The companies say they expect no change in employee headcount or number of facilities as a result of...

    • (Image courtesy of AM General)

      AM General Wins $560M Humvee Contract

      A major contract has been awarded to South Bend-based AM General LLC. The more than $560 million deal involves production of 2,800 Humvee ambulances. The first vehicles, AM General says, are expected to be delivered in the second quarter of next year. U.S. Army Contracting Command in Warren, Michigan is the contracting activity. AM General is partnering with Rock Island Arsenal Executive Vice President of U.S. Defense Chris Vanslager says...

    • Manufacturer Bringing 500+ Jobs to Hobart

      An Illinois-based manufacturer is moving two manufacturing operations from Illinois to Indiana, with plans to create up to 582 jobs in Hobart by the end of 2021. Wynright Corp., which makes intelligent material handling systems, says it will invest $26 million to build and equip a facility at the NorthWind Crossings business park. Parent company Daifuku North America says the move puts the operations under one roof in a location that's able to handle future growth.

    • (Image courtesy of WTC Indianapolis) Fahad Al Gergawi, pictured right next to Indiana Secretary of Commerce Jim Schellinger and Governor Eric Holcomb, met with business and economic leaders in Indianapolis.

      Dubai Trade Official Talks Indiana Opportunities

      An economic development official from the United Arab Emirates is using a trade mission in Indianapolis to showcase what he says is a global hub in Dubai that offers opportunities with large economies in his country and beyond. Dubai FDI Chief Executive Officer Fahad Al Gergawi said Indianapolis is one of more than a dozen U.S. cities he and his colleagues have toured in the last four years that possess "significant strength in terms of international trade."

    • (Image courtesy of Pat McAfee Show 2.0)

      Pat McAfee Leaves Barstool

      Less than a year after announcing its launch, former Indianapolis Colts punter-turned-media personality Pat McAfee has exited Barstool Sports. McAfee helped launch Indianapolis-based affiliate Barstool Heartland with Barstool Sports founder Dave Portnoy, but said on his own, independent podcast that he's quitting and has not made plans for his next steps. During the first edition of "The Pat McAfee Show 2.0," McAfee said dealing with the business side...