The Herald Bulletin

Afternoon Update

Local Business

May 9, 2013

HyPro breaks ground on new Anderson facility

ANDERSON, Ind. — HyPro Filtration broke ground Thursday on its new 122,500-square-foot headquarters and manufacturing facility in Anderson.

The company is moving from a two-building facility in Fishers where it makes hydraulic, lubricating oil and diesel fuel products.

“We’re out of space,” Operations Manager Aaron Hoeg said Thursday. “We need this new facility and we’re going to fill it up.” He said the building could be operational by late October.

The facility just north of Nestle USA will eventually employ 107 and HyPro has agreed — in writing — to give qualified locals first crack at jobs. Of 52 current employees, roughly a third live in the Madison County area.

“HyPro means more jobs for Anderson, Indiana,” Mayor Kevin Smith said. “It means more growth for Anderson, Indiana,” and a chance to showcase the city’s talent pool, resources and strategic location along major roadways.

“Anderson is not a secret to many people,” he said. “It’s a great place to do business, to build a new factory, a great place for commerce.”

In addition to jobs — which average $21 an hour plus benefits — HyPro is expected to invest about $10.5 million in Madison County as it ramps up operations over the next few years.

The city could also expand its current Tax Increment Financing district to include a roughly 50-acre plot that encompasses the new facility, which would recapture some of HyPro’s paid taxes to fund redevelopment projects. The plant is on Anderson’s southwest side near I-69. The Anderson Redevelopment Commission green-lighted the proposal last month, but since it would involve changes to the Anderson’s redevelopment plan, it has to be approved by other city organizations.

HyPro has also made investments in the community, Smith said. The company sponsored a little league team and assisted the local Humane Society.

“We have a lot of people who are involved in this community who work for us,” Hoeg said. “If it’s important to them, it’s important to us.”

It’s a symbiotic relationship, company president Larry Hoeg said. For example, by supporting high school trade programs to “develop the workforce that’s coming up,” HyPro could get a skill-rich pool of locals to fill future positions.

“They (HyPro) really care about their employees, they do a great job of training them,” said city economic development head Greg Winkler. “We’re tickled to death to have them here.”

Like Baylee Pulliam on Facebook and @BayleeNPulliam on Twitter, or call 648-4250.

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