Pillar Innovations, a mining support company, announced Wednesday that it would expand its operations, adding 15 full-time positions by 2017.

Pillar currently employs 20 full-time workers at its Wedeking Avenue location. It will expand and move into a 19,800-square-foot warehouse at 9844 Hedden Road in Vanderburgh County.

The announcement came in a news release from Growth Alliance for Greater Evansville.

Pillar Innovations is headquartered in Grantsville, Maryland and operates six locations within the United States. Pillar provides industrial construction and maintenance services including automation, electrical engineering, fiber optics, and equipment rental support to customers nationwide.

The company plans to invest approximately $315,000 in personal property and $845,000 in real property improvements. The Growth Alliance for Greater Evansville has suggested an incentive package that includes a five-year tax phase-in on personal property and 10-year tax phase-in on real property.

GAGE estimated the economic impact generated from the project for Vanderburgh County is in excess of $5.1 million per year over the next 10 years.

© 2024 courierpress.com, All rights reserved.