Bastian Solutions to build $130M corporate campus

SourceInside Indiana Business
Date Published01/25/2023
Author NameDaniel Bradley
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Bastian Solutions
Parent companyToyota Industries Corporation
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):250
Year reshoring announced:2023
Capital investment ($):130
Country(ies) from which reshored:Japan
City reshored to:Noblesville
State(s) reshored to:IN
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products, Machinery, Transportation Equipment
Product(s) reshoredmaterials-handling products
What domestic positive factors made reshoring more attractive?Government Incentives, $2 million in assignable redevelopment tax credit
Government Incentive dollar amount: $4 million in incentive-based tax credits f
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