A Colorado company is jumping into the growing business of industrial hemp as one of the state’s first processors of cannabidiol or CBD.
PHM Brands, LLC is a vertically integrated food manufacturer who offers a comprehensive range of agricultural based specialty ingredients and blended products in 5 locations throughout the United States. PHM Brands, LLC is headquartered in Denver, CO and is a family of companies that include Panhandle Milling, New Mexico Milling, Specialty Grains, Specialty Blends, Specialty Feeds, Hippo Extracts and Viobin.
“Michigan City has become a top location for companies looking for a competitive advantage. Our location, quality of life and workforce are key assets for a growing business.” said Michigan City Mayor Ron Meer. “I am happy to welcome another corporation to our community that is bringing more high paying jobs for our residents.”
The company will be will be investing over $6 million and creating 32 new jobs averaging $20.00 per hour for the Michigan City facility in it’s first phase.
John Mason, partner at PMH Brands said, “Michigan City was an easy choice for us after we had an opportunity to look at surrounding states and communities. The City staff and the EDCMC were very helpful and responded quickly to our needs and concerns. Michigan City customer service was impeccable and we are looking forward to being part of your community.”
PMH Brands received an industrial hemp research license in February, becoming one of just a few Hoosier companies legally allowed to handle hemp in Indiana.
City of Michigan City officials and EDCMC staff worked McColly Bennett Commercial Advantage team to make this project a success for the community.
Companies looking to expand their business may call the EDCMC at (219) 873-1211 for more information. For more information on PHM Brands, visit https://www.phmbrands.com/