Progressive Materials Plans Floyd County Expansion
Progressive Materials, a silicone roofing systems manufacturer, announced plans today to expand its operations in southeast Indiana, building a new, state-of-the-art headquarters in New Albany and creating up to 25 new jobs by 2023.
"With the highest concentration of manufacturing jobs in the U.S., Indiana has established a strong reputation for making products that are used around the world," said Elaine Bedel, president of the Indiana Economic Development Corporation (IEDC). "Because of the state's low-cost, tax-friendly business climate and skilled workforce, small businesses like Progressive Materials have the confidence to expand and create good jobs for Hoosiers."
The company, which is one of the largest silicone coatings manufacturers in the U.S., will invest $13.4 million to expand its New Albany-based headquarters after outgrowing its current facility at 540 Central Court. Progressive Materials will construct and equip an approximately 100,000-square-foot corporate campus at the New Albany North Industrial Park off Hausfeldt Lane with plans to be operational in the new space by December 2019. The complex will be home to Progressive Materials' manufacturing operations, warehouse space, distribution center, sales and marketing offices and quality control laboratories. With this expansion, the company plans to enhance its customer base and complement its rapid sales growth, which surpassed $32 million in 2017 alone.
Progressive Materials, which currently has 16 full-time employees in New Albany, will begin hiring in 2019 for electrical and operator technicians, silicone-specialized chemists and administrative associates. New positions are expected to offer salaries above the county and state average wage. Interested applicants may apply online.
Sale of Dunbar House Bidding Packet
The Redevelopment Commission of Floyd County, Indiana (hereafter the “Commission”) inaccordance with Floyd County Redevelopment Commission at their March 20, 2018 approved offering for sale certain real properties (hereafter the “Properties”) in Floyd County, Indiana. Please click on the document below for more information.
Dunbar House Sale Information (pdf)
INDOT Reminds Hoosiers to Keep Campaign Signs Out of Rights-of-Way
As the election approaches, the Indiana Department of Transportation reminds Hoosiers that campaign signs are prohibited from state right-of-way according to Indiana Code 9-21-4-6. INDOT personnel are required by state law to remove all unauthorized signs within the state right-of-way.
Sherman Minton Bridge Renewal Open House this Week
Project Team will share information and gather public input
Two open houses will be held this week, one in New Albany and one in Louisville, to share information about the Sherman Minton Renewal, answer questions and gather public feedback. Anyone who has an interest in the project is encouraged to attend.
In addition to sharing information with the public, the Project Team wants input from members of the community. A brief questionnaire on drivers’ use of the Sherman Minton Bridge will be provided and comment cards will be available.
Notice of Additional Appropriations to Taxpayers
Notice is hereby given the taxpayers of Floyd County, Indiana, that the County Council of said County will meet at the PINEVIEW GOVERNMENT CENTER, 2524 Corydon Pike, New Albany IN 47150, COMMISSIONERS MEETING ROOM #104, at 6:00 P.M. local time on the 9th day of October, 2018 to consider the following additional appropriations in excess of the budget for the current year 2018:
Click here for more information on the appropriations (pdf)