Buoyed by a recent fast track approval from the U.S. Department of Defense, Anderson-based Coeus Technology says it wants to … read more
Building Strong Communities
Positioned just northeast of Indianapolis, Madison County offers a prime location, the training and support of two top universities, competitive utility prices and an experienced workforce that is continuously being reconditioned to meet the needs of our growing global community.
Madison County, building off of its nearly 100 year legacy of automotive electrical engineering, has also emerged as the leader in Indiana as well as the nation, in new advanced technology and alternative energy research and development. The Flagship Industrial Park is currently home to companies such as a plug-in hybrid electric (PHEV) maker, Bright Automotive, and an advanced lithium-ion cells developer, Altairnano. Other alternative energy related firms such as I Power Energy Systems are also located in Anderson.
Madison County has experienced strong growth in business development in the recent past, most notably with Nestlé’s new 1 million SF production and warehousing facility. Between August 2006 and June 2008, Nestlé invested $359 million to construct an 880,000 square-foot factory, making it Nestlé’s largest single capital investment in its history. Last August, the company announced it would invest $170 million to expand the facility to more than one million square feet by 2011. Nestlé is located at the Flagship Industrial Park where the new Accelerator Building II will be built. A number of other businesses from various industrial sectors also chose Madison County, making the community’s economic base very viable and diverse.