Defense Contractor Growing in Greene County

Updated:
Integrity Defense Services is based in Springville. Integrity Defense Services is based in Springville.
SPRINGVILLE -

Springville-based Integrity Defense Services Inc. has announced plans to grow its presence in Greene County. The defense contractor says it will invest more than $1 million and add 160 jobs over the next four years. The Indiana Economic Development Corp. says the growth is part of an effort to meet demand for the company's military support services, which includes a five-year contract to fabricate fuel-stand equipment for the U.S. Marine Corps. 

The company is debuting its 10-acre property in Springville, which features five buildings focusing on fabrication, assembly, paint and electronics services for the U.S. military and Naval Surface Warfare Center Crane. IDSI has already hired eight new employees and plans to double its workforce over the next year. The new jobs are expected to offer average salaries more than double the Greene County average wage and nearly 40 percent higher than the state's average wage.

"I was born and raised in Greene County and have lived here most of my life," said David Burkett, president of IDSI. "By building IDSI, we are making a long-term commitment to our community and to Indiana. We are proud to support NSWC Crane’s Navy, Marine Corps, Army and other critical needs, while advancing Indiana's defense industry and creating high-wage job opportunities for Hoosiers."

The IEDC has offered IDSI up to $1.8 million in conditional tax credits and $100,000 in training grants based on the company's job creation plans. Radius Indiana has also offered the company up to $50,000 in training services.

IDSI was founded in 2017 and is a certified small business and a Historically Underutilized Business Zone. HUBZone is a program that helps small businesses land government contracts. In order to receive the HUBZone certification, at least 35 percent of the company's employees must live within the designated zone and IDSI says it plans to exceed that requirement by hiring nearly 50 percent from within Greene County.

  • Perspectives

    • "Wood" You Consider Investing in Timber?

      Looking for an untraditional way to diversify your traditional stock and fixed-income portfolio? If so, try thinking outside the typical realm of investable assets. Don’t know where to start? How about going against the “grain” and investing in timber? Why Trees? Investing in timber can yield a number of benefits. The main draw of having timber in your portfolio is its low, long-term correlation to traditional investments such as stocks and bonds. Low correlation...

    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

    • (photo courtesy of Taylor University)

      Taylor University President to Resign

      The president of Taylor University is stepping down. The university's board of trustees says Paul Lowell Haines has resigned from the position and will leave the Upland campus August 15. A specific reason for Haines' resignation was not given, however the Board Chair Paige Cunningham noted the move was "neither solicited nor encouraged" by the board. Haines graduated from Taylor in 1975. He later held various positions at the university including vice president for...

    • 1SI executives Matt Hall and Wendy Dant Chesser talked about the project on Inside INdiana Business.

      Momentum Building at 'Hot Spot' River Ridge

      As economic development officials in southeast Indiana welcomed news last week of Louisville-based PharmaCord's plans to invest $52 million and add up to 850 jobs at the River Ridge Commerce Center, they were quick to add there is more development on the horizon. River Ridge is a sprawling, 6,000 acre park located between Jeffersonville and Charlestown that was once home to the massive Indiana Army Ammunition plant and thousands of jobs. Today more than 50 companies call River...

    • "Wood" You Consider Investing in Timber?

      Looking for an untraditional way to diversify your traditional stock and fixed-income portfolio? If so, try thinking outside the typical realm of investable assets. Don’t know where to start? How about going against the “grain” and investing in timber? Why Trees? Investing in timber can yield a number of benefits. The main draw of having timber in your portfolio is its low, long-term correlation to traditional investments such as stocks and bonds. Low correlation...

    • (photo courtesy of Governor Eric Holcomb's office)

      Governor Meets with Ag Leaders on Delayed Planting

      Governor Eric Holcomb recently met with leaders from the state's agriculture sector regarding the impact of unusual weather conditions on farms and other ag businesses. The USDA says 84 percent of Indiana's corn crop and 64 percent of soybeans have been planted. Typically, both crops are at 100 percent planted by this time of the year.

    • Fairbanks Foundation Grants Funding to Marian University

      Marian University's Klipsch Educators College is set to receive $900,000 over a three-year period from the Richard M. Fairbanks Foundation. The funding will help with operating costs of Klipsch College's New Teacher Preparation Program, which will receive installments of $400,000, $300,000 and $200,000 through 2021. Fairbanks has awarded over $2.6M to the Klipsch College since 2016.