Really Cool Foods, one of the nation’s leading natural and organic prepared foods company, has decided that Cambridge City, Indiana is a “Really Cool” location – centrally located and served by motivated economic development officials. As a result, Really Cool Foods intends to locate its national production and distribution center there.
The company plans to invest $100 million to build and equip the complex in a number of stages. Really Cool Foods estimates it will create more than 1,000 new jobs for the area over the course of the project.
The development marks the second phase of Really Cool Foods’ nationwide expansion plan. The centralized Indiana site will serve as the primary national manufacturing and distribution center, which will supply the company's growing network of food retailers across North America.
“Properly servicing retail clients nationwide with our unique products requires central proximity and a dedicated workforce,” said Bob Clamp, CEO, Really Cool Foods. “East Central Indiana provides the ideal strategic foothold and complement to our Northeast facility. The Indiana Economic Development Corporation and the Economic Development Corporation of WayneCounty have been instrumental in providing us with exactly what we need.”
The Indiana Economic Development Corporation offered Really Cool Foods up to $3.05 million in performance-based tax credits and up to $165,000 in training grants. In addition, it will provide CambridgeCity officials with a $200,000 grant to assist in off-site infrastructure improvements needed for the project. WayneCounty officials offered the company 50 acres of land, $165,000 in grants and a 10-year property tax abatement.