Yorktown Based Company’s Expansion Fuels Job Growth
Mursix Corporation is a manufacturer based out of Yorktown, Indiana. The enterprise has invested $7.1 million in order to expand its headquarters. The project will be completed by 2017 and is forecast to add up to 108 jobs to the Hoosier state. The company's growth has been enabled by the vibrant manufacturing sector within the state.
Founded in Indiana, the Mursix Corporation's growth embodies the economic development of the state throughout recent years. In an era in which manufacturing output has become less of a part of the domestic economy, the Hoosier state's ability to deviate from that trend has allowed it to become a destination for foreign and local investment capital. Tax breaks and other policies have been a major part of creating this economic climate.
Indiana Governor Mike Pence spoke to the role of state policy making in creating an economy conducive to growth in the manufacturing industry.
"Like other growing Hoosier companies, Mursix understands the advantage it gains here in Indiana, with a lower cost of doing business, constantly shrinking red tape and the best manufacturing workforce available. Indiana is proud to be a state that works where employers can get things done, inspire excellence and achieve their big dreams." he said.
Mursix Corporation was offered up to $625,000 in conditional tax credits for the expansion of their headquarters. The allocation of those credits is based upon hiring Indiana residents for the jobs that their growth will create.
As manufacturers continue to grow within Indiana's thriving marketplace, the need for business management solutions is imperative. Manufacturing software can enable expansion and productivity to be sustained.
Accent Software, Inc. offers Indiana-based manufacturers with a means to accelerate the productivity of their ERP. In doing so, enterprises can become a stable part of the state's manufacturing sector like the Mursix Corporation has.