Vision 2016 Projects & Results

The Vision 2016 Economic Development Program has six goals. The first goal is the expansion and retention of existing businesses. This includes a total employment goal of 2,000 jobs and a total capital investment goal of $250 million. Below, you can find our results to-date to meet this goal.

 

Comprehensive Totals - Vision 2016

 Vision 2016 Totals-to-Date

Total New and Saved Jobs

2,191

Total New and Saved Payroll

$95,366,245

Total Capital Investment

$330,260,374

Average Rate of Pay - New and Saved

$43,526

Average Rate with Benefits (20%)

$52,232

New Jobs Committed

1,883

New Projected Annual Payroll

$72,996,037

Saved Jobs

308

Saved Annual Payroll

$22,370,208

% of Job Goal Attained

109.6%

% of Capital Investment Attained

132.1%


Year One Totals

Company

Investment

New Jobs

Saved Jobs

Average Wage

Average Wage with Benefits

New Payroll

Saved Payroll

Incentives/
Assistance

Verallia North America

 $0

0

0

$0

$0

$0

$0

JT

Com Net, LLC

$1,659,000

0

20

$36,081

$43,297

$0

$721,612

MIRLF

Spartech Packaging Technologies, LLC

$19,288,000

32

0

$42,785

$51,342

$1,796,995

$0

EDGE, JT, TIF

McGunegill Engine Performance

$531,999

6

9

$20,413

$24,496

$100,000

$206,200

TA, MIRLF

Keihin Aircon North America

$1,743,000

3

3

$46,592

$55,910

$139,776

$139,776

TA

Helms Properties, LLC

$800,000

0

15

$23,333

$28,000

$0

$350,000

 

Sallie Mae, Inc.

$4,900,000

200

0

$37,000

$44,400

$7,400,000

$0

TA

Bell Aquaculture LLC

$13,000,000

15

0

$22,800

$27,456

$343,200

$0

Financing

Nebo Road Development

$8,500,000

15

0

$40,000

$48,000

$600,000

$0

Financing

MPT Muncie / Magna Int.

$11,800,000

21

0

na

na

na

$0

EDGE, TA

CS Kern, Inc.

$126,890

0

0

$0

$0

$0

$0

 

PROJECTiONE

$47,995

0

2

$16,000

$16,320

$0

$32,000

TA

Praxis Consulting

$102,800

55

0

$47,840

$57,408

$2,631,000

$0

EDGE, JT

Phillips Patterns & Castings, Inc.

$457,000

2

0

$26,000

$31,200

$52,000

$0

TA

Greek's Pizza

$218,500

17

0

$9,595

$11,514

$163,120

$0

MIRLF

Delaware Dynamics

$4,960,000

12

0

$41,250

$49,500

$495,000

$0

TA

TOTAL YEAR ONE

$68,135,184

378

49

$37,063

$44,476

$14,376,491

$1,449,588

 

Year Two Totals

Company

Investment

New Jobs

Saved Jobs

Average Wage

Average Wage with Benefits

New Payroll

Saved Payroll

Incentives/
Assistance

Miller Valentine

 $8,000,000

2

0

$35,000

$42,000

$70,000

$0

Financing

Delaware Dynamics

$0

0

0

$0

$0

$0

$0

JT

Muncie Casting Corporation

$245,200

0

4

$34,000

$40,800

$0

$136,000

TA

Magna Powertrain

$11,500,000

76

0

na

na

na

$0

TA, EDGE, JT

Townsend Corporation

$1,500,000

35

0

$85,659

$102,791

$2,997,000

$0

TA

Investment Property Advisors

$60,000,000

50

0

$25,000

$30,000

$1,250,000

$0

TIF

Mid-West Metal

$400,000

0

0

$0

$0

$0

$0

TA

CrossFit Gym

$100,000

3

0

$0

$0

$0

$0

MIRLF

Champion Trophies

$50,000

1

1

$0

$0

$0

$0

MIRLF

DD Dannar LLC

$4,650,000

288

0

$56,617

$67,940

$16,305,696

$0

JT, Financing

Kermit USA

$6,055,000

36

0

$24,690

$29,952

$898,560

$0

 

Halal Food Processing

$800,000

35

0

$18,720

$22,464

$655,200

$0

TA, JT

Small Engine Warehouse

$0

0

30

$27,040

$32,448

$0

$811,200

TA

All Steel Carports

$0

22

0

$22,880

$27,456

$503,360

$0

TA

Bell Aquaculture LLC

$60,000,000

30

0

$24,960

$29,952

$748,800

$0

Infrastructure

CS Kern, Inc.

$1,000,000

3

0

$33,333

$40,000

$100,000

$0

TA

TOTAL YEAR TWO

$154,300,200

581

35

$35,094

$42,113

$25,899,816

$947,200

 

Year Three Totals

Company

Investment

New Jobs

Saved Jobs

Average Wage

Average Wage with Benefits

New Payroll

Saved Payroll

Incentives/
Assistance

Wasson Nursery

$250,000

7

0

$26,661

$31,993

$186,630

$0

TA

Blue Collar Auto

$0

2

5

$31,000

$37,200

$62,000

$155,000

MIRLF

Mid-West Metal

$902,000

3

0

$28,333

$34,000

$85,000

$0

TA

Mursix Corporation

$7,100,000

91

0

$29,494

$35,393

$2,683,990

$0

TIF

Muncie Marketplace

$12,000,000

100

-

-

-

-

-

TIF

MPT Muncie/ Magna International

$15,500,000

50

0

$35,330

$44,163

$2,208,150

$0

TA

Gill Brothers Furniture

$1,750,000

6

0

$38,064

$45,677

$228,384

$0

TA

Artisan Tool & Die, Inc.

$450,000

1

4

$31,200

$37,440

$31,200

$174,720

TA

Littler Diecast Corporation

$645,450

0

12

$30,000

$36,000

$0

$360,000

TA

Ardagh Group

$7,500,000

0

203

$94,994

$113,993

$0

$19,283,700

EDGE

DSE Trucking

$2,160,000

45

0

$40,560

$48,672

$1,825,200

$0

EDGE, TA

TOTAL YEAR THREE

$48,257,450

205

224

$63,599

$76,319

$7,310,554

$19,973,420

 


Year Four Totals

Company

Investment

New Jobs

Saved Jobs

Average Wage

Average Wage with Benefits

New Payroll

Saved Payroll

Incentives/
Assistance

Puerta al Paraiso

$375,000

25

0

$25,000

$30,000

$625,000

$0

MIRLF

ASONS

$2,200,000

302

0

$31,824

$38,189

$9,610,848

$0

EDGE, JT

Westminster

$17,000,000

20

0

$28,184

$33,820

$563,680

$0

Infrastructure

KPEP, LLC

$15,000,000

100

0

$45,000

$54,000

$4,500,000

$0

MIRLF

Trilogy Healthcare

$4,050,000

10

0

$30,000

$36,000

$300,000

$0

TA

Hillcroft Services

$7,500,000

100

0

$19,760

$23,712

$1,976,000

$0

JT

Mid-West Metal

$2,168,540

3

0

$31,096

$37,315

$93,288

$0

CReED, TA

Accutech

$0

20

0

$70,000

$84,000

$1,400,000

$0

JT

Gill Brothers

-

-

-

-

-

-

-

Site Location

Pristine Senior Living

$1,500,000

50

0

$50,000

$60,000

$2,500,000

$0

 

TOTAL YEAR FOUR

$50,267,540

635

0

$35,408

$42,490

$22,484,376

$0

 


Year Five Totals

Company

Investment

New Jobs

Saved Jobs

Average Wage

Average Wage with Benefits

New Payroll

Saved Payroll

Incentives/
Assistance

Muncie Power Products

-

4

-

$32,100

$38,520

$124,800

$0

Site Location

Fresh Thyme

$9,300,000

80

0

$35,000

$42,000

$2,800,000

$0

Infrastructure

Elm Street Brewing Co.

-

-

-

-

-

-

-

Infrastructure

TOTAL YEAR FIVE

$9,300,000

84

0

$34,819

$41,783

$2,924,800

$0