Council to Consider Tax Breaks For Sweetener Maker
The company produces store and name-brand liquid water enhancers and zero calorie sweeteners.
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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowA tax abatement request from Carmel-based Heartland Food Products Group is set to go before the City-County Council this evening in Indianapolis. The breaks would support a more than $20 million plan to upgrade equipment at the company’s Indianapolis manufacturing operations. Heartland says the investment could create to around 170 positions over four years.
Heartland says it will also retain more than 400 Marion County jobs. In August, the company announced a definitive agreement to acquire the Splenda low calorie sweetener brand from Johnson & Johnson Consumer Inc. subsidiary, McNeil Nutritionals LLC.
The company first detailed its improvement plans in 2014. Heartland supplies major food retailers with drink mix and zero or low calorie sweetener products. The company is headquartered in Carmel, but has manufacturing facilities at two Indianapolis locations. The equipment, which will support more than a dozen product lines, primarily filling sweetener packages. It is slated to be installed by the end of 2017, but the company says hiring will continue through the close of 2019.