HOBART — City officials are sweet on Albanese Confectionery Group's latest plans for a massive production expansion.
The creator of the “World's Best Gummies” is looking to invest $60 million in an equipment addition at its factory on U.S. 30, Mayor Brian Snedecor said.
“They are providing good growth and expansion,” City Councilman John Brezik said.
Snedecor said the investment will allow the company to build two new production lines in its facility. City officials said there could be room for additional lines there.
Albanese wasn't immediately available to comment on the latest operations expansion.
To assist with the project, Albanese is seeking traditional 10-year personal property tax abatement associated with the equipment expansion.
The City Council has given initial approval to the request. A public hearing is scheduled for the panel's April 3 meeting, and final authorization could be granted at that time.
Snedecor discussed the Albanese operations expansion during his state of the city address, which took on a different form this year.
The city had a video produced to explain what's happening in Hobart. In the video, Snedecor was in the Albanese candy store as he explained the company's plans for the large investment.
Snedecor said he has been amazed with the growth of Albanese, which has stimulated the economy by creating employment opportunities and helping surrounding businesses.
The latest plans come after the company last year began a $33 million expansion that involved adding another production line, a packaging line, bulk sugar system and other production-related work inside the factory.
The council last year approved 10-year personal property tax abatement for that project.
When Albanese sought the previous tax abatement, James Dragon, director of engineering at Albanese, said the company is appreciative of the support from the municipality. Without tax abatement, Albanese wouldn't have been able to move forward with the operations expansion.
Albanese isn't the only company bringing new employment opportunities to the city.
Wynright Corp. is creating a new 320,400-square-foot industrial building in the NorthWind Crossings business park, which is south of 61st Avenue and near Interstate 65.
Wynright, a provider of intelligent material handling systems, is expected to employ about 540 people when the facility is fully operational, Snedecor said.
The company plans to hire manufacturing, engineering and administrative workers when it opens near the end of 2019.