National Trade Supply LLC, a supplier of air and water filter products, is planning to expand its Greenwood operations. The company, which is headquartered in the Johnson County city, hired 43 employees last year and plans to create another 43 jobs by the end of 2024.
The company says it will invest nearly $4.9 million to expand its operations within its existing facility as well as purchasing a 143,000-square-foot facility adjacent to its current facility. NT Supply completed the building acquisition in June and is fully-operational in the facility.
“NT Supply’s growth in Indiana is admirable, from its early starts with one e-commerce site, to now a national brand of multiple highly specialized e-commerce sites,” said Indiana Secretary of Commerce Jim Schellinger. “Indiana’s supportive business environment encourages companies like NT Supply to expand operations and create more quality job opportunities for Hoosiers.”
NT Supply is also planning to purchase additional manufacturing equipment and automation to increase production and fulfillment capacity.
“Demand for cleaner air and water and, therefore, our products had been steadily growing for years, and we continually found ways to safely and efficiently operate from a single facility,” said Todd Kenworthy, chief operating officer of NT Supply. “It became clear we couldn’t continue to serve our customers and employees properly without adding square footage to our vision. When we considered our options to expand, we decided to remain in Johnson County because of the friendly business environment, welcoming community, low cost of living, access to a talented labor pool and easy interstate access.”
The company says it currently employs 157 associates in Greenwood and 167 at retail locations and is recruiting for manufacturing, fulfillment and clerical positions.
The Indiana Economic Development Corp. offered the company up to $640,000 in conditional tax credits based on its plans to create up to 86 new jobs by the end of 2024.