Connect With Us

Inside INdiana Business
Subscribe Now Log In
  • Home
  • News
    • Education
    • Health
    • Tech
    • STEM
    • Advanced Manufacturing & Logistics
    • Life Sciences
    • Ag INnovation
    • INPower
  • Videos
  • Big Wigs
    • Submit Big Wigs
  • Events
    • Engage Southwest Indiana – Evansville
    • Engage Northwest Indiana – Valparaiso
    • Engage Greater Lafayette – West Lafayette
    • Engage West Central Indiana – Terre Haute
    • Engage South Bend – Elkhart
    • Engage Northeast Indiana – Fort Wayne
    • Engage Central Indiana – Indianapolis
  • Newsletters
  • Podcasts
  • On-Air
    • TV & Radio Listings
  • Contact
    • About IIB
    • Meet the Team
    • Contact Us
    • Advertise
    • Gift Cards
    • Flagship Stations
    • Gerry’s Message
    • Speaking Engagement Request

Connect With Us

Indiana Furniture Plans Expansion

Friday, May 21, 2021 04:07 PM EDT Updated: Friday, May 21, 2021 04:08 PM EDT
By Alex Brown
Indiana Furniture Plans Expansion (photo courtesy of Indiana Furniture)

Jasper-based Indiana Furniture is looking to expand operations. WFIE-TV in Evansville reports the more than 115-year-old company plans to invest $17 million to relocate production to a larger location on the south side of the Dubois County city.

Chief Executive Officer Max Verkamp tells the station the company plans to build new ground-level buildings to help streamline its production process, which is currently hampered by having to move furniture up and down several floors of its current building.

“With he growth in our seating, and the size of our seating units, this building can’t really accommodate the manufacturing of those products,” said Verkamp. “You have a lot of waiting around time, and we’re trying to eliminate those inefficiencies.”

In an email to Inside INdiana Business, a spokesperson for Indiana Furniture said the company is seeking a tax abatement for the project, but would not comment further.

Verkamp tells the station the company plans to add five jobs and expects to be fully moved into the new location in late 2023.

You can view the full story from WFIE by clicking here.

Story Continues Below

Most Popular Stories

  • CenterPoint seeks increase to base rates

  • Rezoning request for Love’s Travel Stop in Vanderburgh County denied

  • Purdue wins $32.5M in patent-infringement lawsuit

  • IU campuses primed to hire ‘success coaches’

  • Manchester University to freeze tuition

  • Elevance CEO among ‘World’s Most Powerful Women’

Perspectives

More than ever, we need strong, diverse community financial institutions

More than ever, we need strong, diverse community financial institutions

For almost a century, credit unions have been an integral part of the American financial landscape. During the Great Depression, as the U.S. financial system was faltering, people came together around the concept of cooperative community finance as an alternative solution. What resulted was an entirely different approach to consumer and business banking that operates in peaceful parallel with conventional banks of all sizes....

Inside INdiana Business

Inside INdiana Business
A division of IBJ Media

1 Monument Circle, Suite 300
Indianapolis, IN 46204

PHONE: (317) 634-6200

FAX: (317) 263-5060

NEWSLETTER@IIBNEWS.COM

  • Home
  • News
  • Videos
  • Gerry Dick
  • Newsletters
  • On-Air
  • Contact

Copyright © 2023 All Rights Reserved Privacy Policy | Terms of Service