LOUISVILLE, Ky. (WDRB) -- A high-tech manufacturing company is about to make a $3.6 million investment in Clarksville.
Siddhi Integrated Manufacturing Services (SIMS) says it recently bought a new headquarters and manufacturing facility on Lynch Lane. The company manufactures precision parts for various industries, using machines, molds and 3-D printing. It will create as many as 30 new jobs with an average salary of more than $18 an hour.
The family-run business started as an idea five years ago, but the pandemic set some of the plans behind schedule. After searching around the globe, the owners decided on the old roller skating ring on Lynch Lane as the perfect location for its headquarters.
"One of the biggest reasons is it's close to home," said Neelam Neotia, SIMS president and CEO.
The town's redevelopment director, Nic Langford, said this is another piece of the puzzle in making Clarksville more competitive as a business destination.
"It's great when a new entrepreneur comes to you and your town and decides that they want to come into your community and do a really cool adaptive reuse project," said Langford.
Currently, the company is operating out of a temporary location to fulfill orders that are already coming in. Neotia said she is excited to get the facility up and running at full capacity in the next few months.
"We already have projects in the works, and we already have orders on hand. So we need to get in here, the sooner the better," she said.
The company intends to create at least 30 new jobs this year. and the majority will be machine operators.
"I'm excited to see this grow and excited to see this pass on to my children some day. Making a family legacy and being able to support the community. I think we've done that in the past with our other businesses that we've owned. And I really think that comes to heart that we are able to support many other families than just our own," Neotia said.
Interviews are scheduled for a handful of positions next week.
"Indiana's reputation as a global destination for business continues to grow as as companies like Siddhi Integrated Manufacturing Services choose to locate here," said Jim Staton, SVP and chief business development officer for the Indiana Economic Development Corporation, in a statement. "We're excited to welcome them to Indiana, and we're confident our skilled workforce will help the company find success in the the Hoosier state."
The company is getting up to $320,000 in tax incentives from the state and city.
"Siddhi Manufacturing will be a great addition to our growing business community and we look forward to witnessing their success," said Ryan Ramsey, president of the Clarksville Town Council, in a statement. "The Town is honored that they have chosen to call Clarksville home."
The facility is currently being renovated and is expected to open later this year.
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