Friday, October 4, 2013

IBJ Reports Wayzata Offered Incentives for Development of Former Visteon Plant in Connersville

From the Indianapolis Business Journal:

A cabinet company will hire 309 people over five years at a vacant former auto parts plant, ending a six-year search for a major new employer in Connersville, Mayor Leonard Urban said Thursday.

Wayzata Home Products Connersville, a unit of 6 Square Cabinet Co. based in Minnetonka, Minn., will occupy the former Visteon plant that closed in 2007, Urban told the Connersville News-Examiner on Thursday.

The deal was confirmed Friday by company executives at a press conference.

It's the same site where Carbon Motors planned to build high-tech police cars until its plans fell apart last year.

Wayzata will invest about $12.5 million in the 1.8 million-square-foot plant and 183-acre campus, Urban said.

The city about 50 miles east of Indianapolis agreed to sell the plant for $1. Urban said Wayzata will own the building and take over utilities, upkeep and insurance.
Founded in 2006, Wayzata Home Products makes semi-custom kitchen cabinets for CliqStudios.com, an online retailer.

The Indiana Economic Development Corp. offered Wayzata Cabinetry LLC up to $2 million in conditional tax credits and up to $200,000 in training grants based on the job-creation plans.
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