Economic Development

Foodmaker to invest $310M, create 460 jobs in Shelbyville

Economic Development | Press Release

Firm processes protein foods from plants

April 8, 2019 — SHELBYVILLE, Ind. — Shelbyville has been chosen as the site for what is expected to be the largest facility in North America for producing plant-based protein foods. Greenleaf Foods, SPC announced today that it will invest $310 million in the new plant and create as many as 460 jobs by the end of 2022.

 

The announcement was made during a ground breaking ceremony today attended by Gov. Eric Holcomb and Indiana Secretary of Commerce Jim Schellinger.

Greenleaf makes the foods under brands including Lightlife Foods and Field Roast Grain Meat Co., the top two brands in the refrigerated alternative protein category. Greenleaf is a wholly owned subsidiary of Maple Leaf Foods Inc. of Mississaugu, Ontario. Greenleaf was established in 2018 and is headquartered in Chicago. Greenleaf operates facilities in Seattle and Turner Falls, Mass.

The 230,000-square-foot Shelbyville plant will double Greenleaf’s production capacity. It will be located on 57 acres directly east of Interstate 74 and south of State Road 44. The property was acquired by the city and Shelby County from First Presbyterian Church in Shelbyville in December 2018. Space is available on the property to expand beyond the project announced today.

The Greenleaf investment is the largest industrial project in the history of Shelbyville, said Brian Asher, executive director of Shelby County Development Corp.

“It adds to our international business,” Asher said. “This combines Shelby County’s farming and manufacturing backgrounds in one.”

Incentives from Shelbyville and Shelby County total $2.5 million. The state offered up to $5 million in conditional tax credits and as much as $1 million in training grants based on job creation plans. The state also offered up to $1.25 million from the Industrial Development Grant Fund.

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Contact

Brian Asher, executive director, Shelby County Development Corp.

317-398-8903

b.asher@shelbydevelopment.com

Greenleaf Foods to Create Over 400 New Jobs In Shelbyville

Economic Development | Press Release

Above: Computer rendering showing the 230,000 sq ft proposed facility near the State Road 44 Interchange on I 74

Below: Members of the Greenleaf Foods Team join Governor Holcomb and Mayor DeBaun for a groundbreaking of the new Greenleaf Foods production facility

SHELBYVILLE, Ind.–(BUSINESS WIRE)–Apr 8, 2019–Greenleaf Foods, SPC (the “Company”), today announced plans to construct North America’s largest plant-based protein manufacturing facility in Shelbyville, Indiana. The 230,000-square-foot facility will more than double the Company’s production capacity to meet the surging consumer demand for its portfolio of brands, including Lightlife® and Field Roast Grain Meat Co™, the #1 and #2 brands in the refrigerated alternative protein category.

The U.S. $310 million Shelbyville facility, slated to become operational in late 2020, will create 460 jobs on the 57-acre property and can be expanded to meet future market growth. The new facility will extend the Company’s network of production facilities, which includes facilities in Seattle, Washington, and Turners Falls, Massachusetts. In addition, the Company plans to invest in equipment to increase capacity and scale production at its existing facilities.

The new Shelbyville facility will enable the Company to meet rapidly rising demand for plant-based proteins by supporting its innovation pipeline across its brands. In January, the Lightlife Burger, Ground, Italian Sausage and Bratwurst Sausage were launched as part of a new pea protein-based product line that delivers the sensory experience and taste consumers crave, marking the brand’s most significant innovation launch in its 40-year history. The new line will be among the products made at the new facility, along with other bestselling products from the Lightlife and Field Roast Grain Meat Co brands.

“Our new facility will be a center of plant-based protein excellence that helps accelerate our company’s growth. This will support our rich pipeline of innovative products that both satisfy increasing consumer demand and drive our continued leadership of this dynamic category in the U.S. and Canada into the future,” said Dan Curtin, President. “Our world-class research and development teams are shattering what were once thought to be the culinary boundaries of plant-based protein products, and our new facility will take those ideas from development to commercialization. We are grateful for the incredible support from the State of Indiana, as well as Shelby County and the City of Shelbyville, who have helped make this a reality.”

“In Indiana, we’re proud to support a global economy with more than 950 foreign-owned businesses here providing quality career opportunities for our residents. And we’re thrilled to welcome Greenleaf Foods, SPC to that growing list and to our Indiana family,” Indiana Governor Eric J. Holcomb said. “Today’s groundbreaking is a significant milestone for the Shelbyville community and for the state of Indiana. I’m confident that our skilled workforce will be a crucial asset, helping support Greenleaf Foods SPC’s growth for years to come.”

At the local level, Shelbyville Mayor Tom DeBaun also praised the announcement. “I am thrilled that Shelby County was chosen for this project. It’s further validation that the administrations of the City of Shelbyville and Shelby County are working collaboratively to make this a great place to do business,” DeBaun said. “This project diversifies our employment options locally and regionally as well as bringing tremendous opportunities to our community.”

The North American plant-based protein market had estimated sales of US$1 billion in 2018 and demand for plant-based protein continues to show strong growth . Fresh refrigerated products represent approximately 24% of the total market and delivered 40% sales growth in 2018. While burgers are fueling category growth, all refrigerated products are forecasted to deliver double-digit growth for the next twenty years.

To mark this momentous announcement, Indiana Governor Eric Holcomb, Secretary of Commerce Jim Schellinger and Shelbyville Mayor Tom DeBaun are set to join the Company’s President Dan Curtin at a groundbreaking on the site at the intersection of I-74 and Highway 44, Monday, April 8 at 2 p.m. EST. Representatives of the Indiana Economic Development Corporation and Shelby County Development Corporation will also be present.

Greenleaf Foods, SPC is a wholly-owned, independent subsidiary of Maple Leaf Foods Inc. (TSX:MFI) based in Mississauga, Ontario, Canada. For more information about the Company, visit greenleaffoods.com.

Forward–Looking Statements

This release contains forward-looking statements based on the Company’s current expectations relating its strategies; the anticipated technical capabilities of the new facility; value creation opportunities and other benefits from the projects; consumer tastes, preferences and buying patterns; project execution variables such as engineering, design and construction costs, schedule and approvals; availability of resources and labor necessary for the construction and operation of the facilities; and other factors. As these forward-looking statements depend upon future events, actual outcomes may differ and there can be no assurance that the results or developments anticipated by the Company will be realized. The Company does not intend to, and the Company disclaims any obligation to, update any forward-looking statements whether as a result of new information, future events or otherwise, except as required by law.

About Greenleaf Foods, SPC

Greenleaf Foods, SPC is committed to shaping the future of plant-based foods. Established in 2018, the Company’s portfolio of leading plant-based protein brands includes Lightlife® and Field Roast Grain Meat Co.™. The Company is headquartered in Chicago, and is a wholly-owned, independent subsidiary of Maple Leaf Foods Inc. (TSX:MFI).

Comprehensive Plan Stakeholder Comments

2018 Comp Plan Update | Planning and Building

In order to collect more technical expertise that would be used in the development of The Comprehensive Plan Update, the project team established stakeholder groups that could provide that specific information. Some of these groups included; Public Safety, Schools, Utility Companies, Philanthropic Groups, and many more. Two days worth of meetings were held so that the project team could meet with as many of these stakeholder groups as possible. The information collected in these meetings will help the project team to better “fine tune” the goals and action steps that will form the updated Comprehensive Plan.

Notes that outline the discussions at the stakeholder meetings can be found on the project website.

Grand Opening for Newest Industrial Partner, NSCI

Economic Development | Press Release

Photo Above: Then Governor Mike Pence, joins executive from NSCI for the groundbreaking of their Shelbyville Facility. Source H2O Designs/Rachael Ackley

MEDIA ADVISORY – July 17, 2018

Governor Holcomb to Celebrate New Manufacturing Facility in Shelbyville
Governor Eric J. Holcomb will join local officials and executives from Nippon Steel & Sumikin Cold Heading Wire Indiana Inc. (NSCI) at 10 a.m. tomorrow to commemorate the company’s grand opening in Shelby County. Plant tours will be available to guests and media following the ceremony at 10:50 a.m.

NSCI is a wholly-owned subsidiary of Japan’s largest steel producer, Nippon Steel & Sumitomo Metal Corporation (NSSMC). In 2016, NSSMC announced plans to establish NSCI in Shelbyville, investing $50 million to construct and equip a 150,000-square-foot cold heading steel wire plant. The new facility is expected to create up to 70 new jobs by 2021, and the company has already hired 37 full-time associates in Indiana.

The company marks NSSMC’s sixth investment in Indiana, joining Indiana Precision Forge, Seymour Tubing Inc., IN/Tek and IN/Kote in New Carlisle, and Suzuki Garphyttan in South Bend. Indiana is home to more than 290 Japanese business establishments like NSCI that support more than 65,000 Hoosier jobs, and that figure continues to grow. During the last five years, the number of Hoosiers employed by Japanese companies increased by more than 40 percent, according to the Consulate-General of Japan in Chicago.

Japan-Based Company Picks Indiana for First U.S. Manufacturing Facility

Economic Development | Japanese Sister City | Press Release

SHELBYVILLE, Ind. (Aug. 2, 2017) – Kimura Foundry America, a global manufacturer of alloy castings for the automotive and industrial sectors, announced plans today to locate its first U.S. manufacturing facility in Shelbyville, Indiana.

“Indiana is a global destination for companies from around the world looking for a place to locate, grow and add new jobs,” said Jim Schellinger, Indiana Secretary of Commerce. “Kimura’s decision continues a long trend of international companies, including many from Japan, choosing to make Indiana their U.S. home. Over the years, we’ve been fortunate to develop a close friendship with Japan, and we’re excited to welcome our friends at Kimura Foundry America to Indiana.”

The company, which is a subsidiary of the Japan-based Kimura Group, will invest $8 million into its new Indiana operations, with plans to open by December 2018. The company has purchased a 10-acre property at 1200 Enterprise Drive in Shelbyville, and plans to break ground in October on a 35,200-square-foot facility, which will house high-tech 3D printing equipment. The new facility will allow the company to produce high-value, complex castings and molds for its quickly-growing U.S. clients in the automotive and pump manufacturing industries.

Kimura Foundry America is now recruiting for positions at its Shelbyville facility, which will include casting engineers, 3D model designers, casting simulation professionals and 3D printer operators, as well as foundry and inspection employees. As part of its growth, the company plans to create up to 20 new jobs by 2020. These positions are expected to pay an average wage above the state average. Interested applicants may apply online at www.kimurafoundry.com.

“When we were searching for our first U.S. manufacturing partner, Indiana offered exactly what we were seeking,” said Yoya Fukuda, Ph.D., president of Kimura Foundry America. “That is because Indiana is strategically located in the epicenter of the industries we serve. The state’s highly-developed transportation networks and its highly-skilled manufacturing workforce were an excellent match. Indiana has a long history of welcoming Japanese companies to the state, and we are looking forward to joining the many other Japanese companies in Shelby County.”

Celebrating its 90th anniversary this year, Kimura Group employs more than 830 associates at its 10 facilities across three campuses in Japan and at its North American sales office near Chicago. The company uses a proprietary process for casting molds using 3D printing technology, allowing it to manufacture products including stamping die castings and machine and industrial tool castings. These products are used in automotive engine parts, pumps, compressors and energy components.

The Indiana Economic Development Corporation offered Kimura Foundry America Inc. up to $225,000 in conditional tax credits and up to $25,000 in training grants based on the company’s job creation plans. These incentives are performance based, meaning until Hoosiers are hired, the company is not eligible to claim incentives. The city of Shelbyville approved additional incentives at the request of the Shelby County Development Corporation.

“We are very pleased that Kimura has chosen Shelby County as their first U.S. venture,” said Shelbyville Mayor Tom DeBaun. “Association with our sister city has shown that personal relationships are important. The high-tech nature of this industry is very exciting for our community.”

Indiana is a global manufacturing center, with companies from around the world choosing to locate their operations in Indiana, which last week was ranked No. 1 in the nation by Business Facilities for its high concentration of manufacturing jobs. Approximately 280 Japanese manufacturing establishments currently call Indiana home, which employ more than 58,000 Hoosiers.

About Kimura Foundry America

Kimura Foundry America, a subsidiary of Japan-based Kimura Group, is committed to developing and refining its casting technology to produce castings of the highest quality for its customers. The Kimura Group is known throughout the world for its proficiency with the full mold casting process and we undertake work from an ever broadening industrial spectrum. But our desire to improve and expand the full mold casting technique – to push back the boundaries – is as firm as ever.

About IEDC

The Indiana Economic Development Corporation (IEDC) leads the state of Indiana’s economic development efforts, helping businesses launch, grow and locate in the state. Governed by a 15-member board chaired by Governor Eric J. Holcomb, the IEDC manages many initiatives, including performance-based tax credits, workforce training grants, innovation and entrepreneurship resources, public infrastructure assistance, and talent attraction and retention efforts. For more information about the IEDC, visit www.iedc.in.gov


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Media Contacts:

Yoyo Fukuda, Ph.D. (Kimura Foundry America) – 224.806.1520 or you-ya@kimuragrp.co.jp

Abby Gras (IEDC) – 317.232.8845 or agras@iedc.in.gov