ZIONSVILLE — A Zionsville company has announced plans to expand its operations in central Indiana.
Gravel Conveyors Inc., doing business as GCI Slingers, announced on Tuesday it will more than double its workforce and create up to 39 new jobs in Boone County by the end of 2022, according to a report from the Indiana Economic Development Corporation.
"Samll businesses are essential to Indiana's economy, supporting more than 1.2 million Hoosier jobs," Elaine Bedel, president of the IEDC said in a statement. "The state's pro-growth business climate and large manufacturing sector make Indiana the perfect destination for companies like GCI Slingers to grow, creating even more quality career opportunities for Hoosiers."
GCI Slingers specializes in building and assembling mobile conveyors and hydraulic systems. The company is expanding to meet increasing demand from its Midwest client base.
According to the IDEC, the company will invest nearly $7.5 million over the next few years to add 10,000 square feet to it's exisiting 20,000-square foot facility at 5005 W. 106th St. in Zionsville. The new space will have a paint booth and additional production equipment and will enable to the company to increase production and assembly of its slingers.
Construction on the expansion is set to begin late this year and is expected to be complete by 2022.
"Gravel Conveyors is happy to be growing in Zionsville," Travis Pettijohn, GCI Slingers president, said in a statement. "As a Hoosier-bred company, we are privileged to serve our slinger customers every mile, every minute, every day. We exist to simplify, maximize and accelerate our clients' construction abilities. All of this would not have been possible without the partnership and willingness of the state of Indiana and the city of Zionsville."
The IEDC offered Gravel Conveyors Inc. up to $275,000 in conditional tax credits based on the company's job creation plans. The tax credits are performance-based, so the company is not eligible to claim incentives until Hoosiers are hired.
