April 2012
6 posts
Knox County Commissioners Approve Grant...
On Monday the county commissioners approved their part of an application for federal money that would be used by Farbest to purchase a $1.5-million piece of equipment for the facility.
The Southern Indiana Development Commission is applying for the money on Farbest’s behalf.
Greg Jones, executive director of the comission, said while the county was a sponsoring agency for the grant application...
Progress Continues on Farbest Expansion into Knox...
Huntingburg-based Farbest Foods Inc. says it is moving forward with plans for a turkey feed mill and a processing plant in Knox County. The company says the price of the plant came in higher than expected, and it hopes to reduce that cost without affecting employment numbers. Farbest announced plans late last year to create up to 600 jobs in Vincennes.
A company spokesman tells Inside INdiana...
Farbest Scaling Back Plant Size
Farbest is trying to cut nearly $20 million in construction costs in order to build a new plant in southwestern Indiana that it expects to open with about 350 workers.
Knox County Development Corp. director Gary Gentry says Farbest Foods hopes to learn soon whether it has scaled back the project enough to reach its target of $70 million to $75 million for the Vincennes plant.
Gentry tells the...
Farbest Chooses Bruceville Site
Representatives of Farbest Foods announced that the company had selected a site in Bruceville behind Barney’s Mini Mart on Indiana 67 for the company’s grain-milling plant.
They asked for and got council approval of tax abatement on the project.
That $18 to $19-million project will provide some 20 jobs but also millions of dollars in “new” money for area grain producers who will provide feed for...
Corrected Computer Glitch to Net Knox County...
Knox is one of the 91 counties that will be receiving funds that were a part of a major state computer glitch. Revised records indicate that $459,503.95 in COIT funds and $384,965.05 in CEDIT funds is owed to the county for 2011. First quarter combined funds of $446,362.61 (COIT and CEDIT) are also owed to the county. A total of 1,245,831.61 is scheduled for payment by the state April 12th.
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