Albanese Investing $33M In Indiana Plant

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Hobart, IN — Albanese Confectionery Group, Inc. is planning a three-year, $33 million capital investment for its Hobart production facility and retail store, according to a report in the Chicago Tribune. The candymaker is expected to add 150 jobs because of the expansion.

The first phase of the project is slated to begin this month, and the investment will go toward setting up a fourth line at the plant as well as purchasing production equipment including a packaging line and bulk sugar system, the Chicago Tribune reports. The company will hold a job fair later this month to fill open positions.

The plans do not include expanding the building itself, as the company increased the plant size from 120,000 to 190,000 square feet during 2014.

In support of the investment, Hobart City Council approved a 10-year personal tax abatement. James Dragon, director of engineering at the candymaker, told the Chicago Tribune the expansion would have been impossible without the tax abatement.

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ISM