New Jersey-based J. Knipper and Company Inc. says it plans to invest $17.4 million to expand its distribution center located in the River Ridge Commerce Center and grow its workforce by 38 people. Knipper provides supply chain services to the U.S. pharmaceutical industry. The company says it will expand its current facility in the city of Charlestown by 150,000-square-feet.
The company says the additional space will include refrigerated space that can hold 1,500 pallets and a drive-in freezer.
The Indiana Economic Development Corp. offered Knipper up to $400,000 in conditional tax credits based on the company’s job creation plans.
“Indiana has a legacy of life sciences excellence with companies like Knipper continuing to grow in our state,” said Indiana Secretary of Commerce Jim Schellinger. “As a state, we’ll keep providing a top-ranked business environment so companies like Knipper have the confidence to invest in their Indiana operations and add high-quality career opportunities.”