The Economic Development Perspective

Marshall County Economic
Development Corporation
Pretzels Expansion Signals Growth for County

Snack producer, Pretzels Inc., will be expanding its operations to Plymouth, creating up to 65 new jobs, and investing approximately $15 million to purchase and equip their 45,000 square foot facility. The facility, known as the Commerce Building, was built in 2015 as a shell building in order to attract businesses looking for a quick turnaround time from acquisition to production. After announcing the expansion on September 6th, and receiving an 8-year tax abatement thanks to the Plymouth City Council later that month, Pretzels is planning an aggressive buildout to begin operations by the first quarter of 2017. Pretzels Inc. is a family-owned business headquartered in Bluffton, Indiana. The company's fastest growing product is peanut butter filled pretzel nuggets, which will be produced at the new Plymouth facility.
Homestead Dairy Innovates with Technology-Driven Expansion

Family owned and operated Homestead Dairy is about to become one of the largest automated robotic dairy farms in the nation, with an improved robotic milking system that can serve as a model for modern dairy farming innovation across the country. This expansion was supported by the Marshall County Council at a public hearing on September 12th in which they approved a personal and real property tax abatement for Homestead Dairy, LLC. This tax abatement supports Homestead's plans to invest approximately $6 million to build a new, 400,000 square foot robotic dairy facility. An additional $8 million will be invested to purchase 24 robotic milking machines. This capital investment will strengthen the local economy through increased profits, retention of current local workers, and the creation of new jobs. The new technology included in this expansion will ensure Homestead's continued success for the next 30 years.
Viking Paper Rolls out New Expansion in Plymouth

Viking Paper Corporation, a leader in the corrugated box industry, has recently announced plans to invest approximately $1.51 million in the purchase and installation of new machinery, and $2.06 million in a building expansion that includes the addition of a rail spur and new loading docks. This expansion will double production line speed and assist in the development and roll out of a new product line, and strengthen the economy. A 7-year, phase-in tax abatement to Viking was approved by the Plymouth City Council at a public hearing on October 10th in support of this expansion. The Plymouth Technical Review Committee reviewed and approved the expansion plans on November 1st.
IEDC Approves Regional Cities Funding

The Indiana Economic Development Corporation (IEDC) has approved Regional Cities Initiative funding to support three quality of place projects in north central Indiana, one of which, is the Marshall County Wellness and Life Enrichment Center. This project includes the construction of two facilities, an aquatic center and an indoor/outdoor soccer complex. The Marshall County Wellness and Life Enrichment Center will include a ten-lane competition swimming pool, two indoor turf arenas and two outdoor soccer fields, an indoor turf practice field, daycare facilities, educational classrooms and concessions. The Regional Cities grant will fund $2 million of this project's $13 million capital investment. Marshall County is finalizing documentation for several other Regional Cities projects, with more news coming soon.
Comprehensive Plan Updates for Argos and Bourbon

A community dedicated to growth and an up-to-date Comprehensive Plan are two of the most important ingredients to the success of small towns. Argos and Bourbon both have the first component, and are now working on the second. Both towns have partnered with the Michiana Area Council of Governments (MACOG) to update their comprehensive plans, which will guide their growth and development over the next 20 years. Argos has held 3 steering committee meetings, held a public workshop, and conducted a survey to seek resident input, all with the goal of completing the plan by February 2017. Bourbon is developing a steering committee to kick off the process this month. They should have a completed plan next summer.  
Progress across Marshall County

Argos Parks Get an Upgrade
The Town of Argos is currently working on several projects that will enhance their already impressive park system. The walking trail from the Argos Community Park will be extended about a mile along State Road 10 up to the McDonalds. The Redevelopment Commission unanimously agreed to offer $25,000 in TIF funding for the project, which will improve pedestrian safety. Argos Community Parks and Memorial Park will also see increased recreational developments with the addition of 2 sandpit volleyball courts and a horseshoe court, respectively. Finally, $4,500 was awarded on October 5th through the MCCF Community Fund for installation of frisbee golf course in Argos Town Park. Altogether, these projects will significantly improve quality of life for Argos residents.
 
Bourbon Working to Improve Housing
Bourbon is taking steps to provide additional housing for local residents and a future workforce by turning 75 acres of land to the northeast of Town into a residential development. A draft of the engineering study has been completed and the Town has meet with an engineering firm to work on the costs of the development. This development has the potential for 140 houses and apartments, and will serve many local businesses that have recently expanded and need housing for their workers. Bourbon will break ground on the development in 2017.
                                                              
Bremen to Build New Ambulance Facility
The Town of Bremen has developed an innovative plan to save money while maintaining quality emergency services to its community. In order to have more freedom over EMS contractor service and pricing, the Town is creating a new ambulance facility. Town Council recently approved the purchase of 10,000 sq. ft. building west of town that will house the new EMS services, and design of the new facility is in progress. It is estimated that the facility will be completed in February 2017, and will allow the Town to continue providing safety services to the community.
 
Culver Housing Project Moves Forward
Improving variety in housing options has been a top priority for Culver over the past few years, and their latest development will be instrumental in addressing that need. The Town recently finalized the annexation of 13.6 acres of land to for the housing development, and the Culver Redevelopment Commission approved a resolution for funding $200,000 to extend water and sewer to the property. The development was a key component of Culver's Stellar Communities application this year, for which the Town was named a finalist. Culver's housing project is community-based with a great deal of input from residents. The Town is excited to take this step towards bringing their housing plans to life.
 
Plymouth Council Supports Apartment Complex
The Plymouth City Council voted to appropriate $1.5 million from their Rainy Day Fund into the South Gateway apartment project. Currently, the project plans call for the construction of 60 apartments on Michigan Street and the south bank of the Yellow River. This market rate, downtown apartment complex should help in attracting young professionals to the area. The Plymouth City Council, Plymouth Plan Commission, and Redevelopment Commission have also all approved an action to create an Economic Development Area that will include the new apartment complex and River Park Square. This action is the first step in creating a new TIF district in downtown Plymouth.
Invest in Marshall County

The Marshall County EDC would like to say "thank you" for your commitment in supporting the "Invest in Marshall County" campaign. The private/public partnership was launched in last April to increase private sector support for economic development.
 
New investors pledging funds to the campaign, or partnering with the MCEDC, include:
  • CenturyLink
  • Hughes Insurance Group
  • Brockey Insurance Agency
Renewing investors include:
  • Majority Builders
  • Marshall County Community Foundation (non-cash exchange)
  • United Way of Marshall County (non-cash exchange)
  • Marshall County Museum (non-cash exchange)
Thank you, together we will strengthen and grow Marshall County's economy.
MCEDC | mail@marshallcountyedc.org | 574-935-8499 | www.marshallcountyedc.org
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