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

    • What the Fit!?

      Good fit in our work, relationships, and, yes, shoes – brings energy and joy into our lives! I recently bought a new pair of shoes. They were very snug, the salesman assured me they would stretch because of the material. I was a little skeptical, but I bought them anyway. This made me think about how shoes also provide some fun clues to assess good “fit” in work and relationships. Even stellar communication and conflict skills won’t make a bad fit feel good.

    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

    • Jeffersonville to Break Ground on Medical Center

      Leaders from Nicklies Development, Clark County, the city of Jeffersonville and One Southern Indiana will Tuesday break ground on River Ridge Surgical Suites. The $4 million Medical Center will be located on Jeffersonville Commons Drive. 

    • (rendering courtesy of the IEDC)

      Allison Details $400M Expansion Plans

      Allison Transmission Holdins Inc. (NYSE: ALSN) today detailed expansion plans involving more than 300 new jobs through 2020. The company says it will invest more than $400 million over the next few years in projects including a new Vehicle Environmental Test facility and an Innovation Center in Indianapolis. As part of the announcement, Allison today broke ground on the Innovation Center, which is expected to open in 2021. The Innovation Center will feature virtual and physical...

    • (rendering courtesy of the Indiana State Museum and Historic Sites)

      T.C. Steele Historic Site Visitor Center to Open

      The Indiana State Museum and Historic Sites will Saturday celebrate the opening of the new Singing Winds Visitor Center at the T.C. Steele State Historic Site in Nashville. The $2.2 million project broke ground in September 2017 and was funded through public and private donations and grants.

    • Hicks is the director of Ball State's Center for Business and Economic Research.

      BSU Index Updates County Quality of Life Rankings

      A new report from the Center for Business and Economic Research at Ball State University updates the quality of life rankings for every Indiana county. The Community Asset Inventory and Rankings, originally created in 2012, gives a letter grade for each county in seven major categories. Ball State economics professor Michael Hicks says the index gives counties a tool to let them know how they're doing in areas that business and households consider when thinking about relocation.

    • (rendering courtesy of Prince Alexander Architects)

      Demand Fuels Planned Tech Building in Indy

      The business group managing The Union 525 tech hub in downtown Indianapolis is adding to the campus. John Hurley, managing partner of The Union 525, tells Inside INdiana Business plans are moving forward to build a new, $10 million building designed to accommodate the city's growing tech scene. Hurley, who is also the chief executive officer of SmartFile, says The Union 601 will be a six-story, 67,000-square-foot facility that will have a similar open concept feel as its sister...