A vacant manufacturing facility on Scottsburg’s westside will become home to a Louisville-based defense contractor, according to Wendy Dant Chesser, President & CEO of One Southern Indiana.
Conco, a supplier of ammunition containers and related services, plans to invest over $54 million to establish a second facility at 1010 W. Wier Road in Scott County.
The company’s investment includes $11.7 million to purchase the former Tokusen USA space; over $36 million in new equipment, furnishings, fixtures, hardware, and software; and $6.9 million in improvements to the existing facility.
This investment will result in up to 175 new full-time positions at the Scottsburg location, paying an average wage of $28 per hour, said Chesser.
Conco has served the United States Armed Forces as a supplier since 1967. With a strong reputation for high-quality products, on-time delivery, and tech support, they continue to meet military needs and develop innovative products to adapt to ever-changing requirements.
Conco is also a designated “return site” equipped to store, de-militarize, and prepare container models for reuse and resale.
“We are excited to join the Southern Indiana region with our new facility in Scottsburg,” said Karen Paschal, President and CEO of Conco, “When looking at locations, the former Tokusen USA space was a perfect fit for what we needed to expand, and we look forward to working with the State of Indiana, the City of Scottsburg, and its residents to create additional growth for the region.”
The Indiana Economic Development Corporation (IEDC) has committed to an investment in Conco of up to $1.925 million in the form of incentive-based tax credits. These tax credits are performance-based, meaning the company is eligible to claim incentives once Hoosiers are hired.
In addition, the company was to appear at the Scottsburg City Council meeting on Aug. 14, to seek personal and real property tax abatement, phasing in over five and ten years, respectively.
“The City of Scottsburg is thrilled to be working with Conco and helping them establish a home in Scottsburg,” said Terry Amick, Mayor of the City of Scottsburg. “We are proud to support their efforts as they expand their services for the United States Armed Forces and are excited to see the local community growth they will bring to the area.”
“Southern Indiana has seen major manufacturer growth over the last several years with projects expanding or new locations opening in the region,” said Chesser. “Conco’s decision to expand and open a new location in Scottsburg shows that our region remains a prime location for manufacturers – big and small, current and new. We look forward to continuing this partnership and assisting them in any way we can.”