Fort Wayne-based Aardvark Straws says skyrocketing global demand for paper straws is driving its new parent company to announce a more than $9 million investment into a new production facility in Allen County. The move will include more than 200 additional jobs by the end of 2021. Wisconsin-based Hoffmaster Group Inc., which produces disposable paper tableware, says the expansion will allow it to ramp up paper straw making capacity 700 percent by the end of next year.
In an interview with Inside INdiana Business, Hoffmaster Foodservice Division President Andy Romjue described the rising demand and competition for paper straws as the plastic straw market shrinks. "As you can imagine, when this type of market opportunity opens up, you have all sorts of people trying to jump in as quickly as possible. Most of them right now are imports, so a lot coming from, you know, China, Taiwan, areas over in the Far East, but we are starting to see some local folks take a look and start getting different ideas of how they can manufacture straws," he said. "We feel that this trend will definitely continue, but it only continues if the end consumer is satisfied with paper straws in relation to what they were used to with plastic straws."
The new plant will be built on the city's north side, near Smith Field Airport, moving from its east side location. Aardvark expects to add about half the new jobs by the end of this year. Romjue calls the addition of Aardvark to the company's portfolio a "wildly rewarding experience."
The company has been offered more than $1 million in conditional tax credits from the Indiana Economic Development Corp. You can connect to more about the expansion plans by clicking here.
By David Fry President, Effective Advancement Strategies
We all know, "People make mistakes." So true. Yet it's not an excuse for the marketing blunders that seem to reach customers a bit too often. Many can be chalked up to carelessness, insensitivity and lack of relevance or connection. Most organizations could benefit from a communications audit.
Amazon.com Inc. (Nasdaq: AMZN) has officially announced a decision to split its second headquarters between New York City and northern Virginia. The company first announced plans for HQ2 in 2017, with plans for a $5 billion investment and 50,000 jobs. Early this year, Indianapolis was named one of 20 finalists for the project. Chief Executive Officer Jeff Bezos says...
The state has announced a new group of "Best of Winners." The honorees, selected by online voting, include Best State Park, Turkey Run State Park in Marshall; Best Museum, The Children's Museum of Indianapolis; and Best Burger, Brew Burger in Jasper. Lieutenant Governor Suzanne Crouch says "with all the terrific choices that Hoosiers were able to pick from, I am not sure how they were able to narrow it down to the winners in each category."
The city of Greenwood will showcase some $11 million in recently-complete projects designed to boost the quality of life in the Johnson County city. The new Surina Way connector is one part of the slate of downtown work and will be the focus of Tuesday's ribbon-cutting. Surina Way involves new sidewalks, decorative lighting, landscaping and a bioswale system that the city describes as a drainage innovation. Additional projects complete this year include...
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After some 47 years at WTWO-TV in Terre Haute, Tom McClanahan has announced his retirement. Now an anchor for sister station WAWV, McClanahan was WTWO's senior weekday anchor for 26 years until 2008. The Indiana State University graduate is a Sullivan County native who also briefly worked at WTHI-TV in Terre Haute and in cable advertising sales. Since 1971, McClanahan's duties have included news photographer, reporter, anchor, sports director and account executive.