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Current News

Illinois and Ohio Companies Moving Operations to Indiana

Monday, September 25, 2017
 

Two companies from out of state found that Indiana was the best place to grow and are putting huge investments into relocating operations to the area.

In Gary, Indiana, transportation and logistics company HMD Trucking is not just expanding operations but relocating its company headquarters from Illinois to Indiana. The company broke ground on its new 35,000 sq. ft. facility in August and has plans to hire as many as 500 Hoosiers by 2021.

Henry Malukas, president and founder of the company, explained why HMD was moving to Indiana: “We chose Indiana and the City of Gary for this investment because of the affordability to grow our business and build our new facility, advancements in the logistics industry and central location, which makes it easy for us to serve our entire marketplace with more direct routes, avoid congestion and time delays.”

Indiana Governor Holcomb and Gary Mayor Karen Freeman-Wilson attended the groundbreaking. According to Mayor Freeman-Wilson, “the city of Gary is building economic strength and momentum…I am pleased that HMD and the Malukas family recognize the opportunities in this community and look forward to partnering with them for generations to come.”

HMD is investing $6 million in 9,000 sq. ft. office building to serve as offices for headquarters and a 26,000 sq. ft. building for expanded trucking operations in the area.

Across the state, an Ohio-based company is investing in a new facility in Bluffton, IN in Wells County. 20/20 Custom Molded Plastics will locate in the former home of Buckhorn Inc. and will hire as many as 155 workers by 2020.

The company manufactures custom structural form moldings. This $27 million investment in the Indiana location for the 170,000 sq. ft. existing facility will more than double the production capacity of the company. “If you’re looking for someone to build top-quality manufactured goods, Hoosiers are the ones for the job,” said Indiana Governor Holcomb. “With more and more companies like 20/20 Custom Molding choosing Indiana, our state is charting the future of high-tech, advanced manufacturing.”

Karen Lauerman, President & CEO

Lake County Economic Alliance

219.756.4317

klauerman@lcea.us

www.lcea.us

Chad Kline, Executive Director

Wells County Indiana Economic Development

260.302.6252

ckline@wellsedc.com

www.wellsedc.com