From the Indianapolis Business Journal:
Weaver Popcorn Co. plans to move its headquarters from Noblesville to the AllPoints at Anson development in Whitestown, where it expects to spend $18 million to add a production line and research-and-development facility.
The 86-year-old family-owned company, which says it supplies 30 percent of the world’s popcorn to more than 60 countries, currently has its corporate offices in Noblesville’s Corporate Campus near Interstate 69.
Its flagship brand, Pop Weaver microwave popcorn, is produced in the northeast Indiana community of Van Buren.
Weaver has told local officials that it intends to relocate 50 corporate employees to Whitestown and add 40 full-time manufacturing jobs paying an average of $22 an hour. Most of the jobs would be added by spring and all the new positions are expected to be filled by early August.
The company is planning to spend $3 million on building improvements to an existing facility in Anson and $15 million on equipment to establish a manufacturing and warehousing operation for its ready-to-eat popcorn products.
The Boone County Economic Development Corp. is recommending a 10-year personal property tax abatement that could save Weaver a total of $1.3 million.
Members of the Whitestown Redevelopment Commission and Boone County Economic Development Commission have signed off on the deal, which still must be approved by the Whitestown Town Council and Boone County Commission. Both are scheduled to meet Feb. 18.
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http://www.ibj.com/weaver-popcorn-picks-whitestown-for-new-hq-production-line/PARAMS/article/45999
