“Tec Air joins a growing list of companies that have discovered what Hoosiers already know: Indiana is a state that works for business,” said Governor Mike Pence. “Companies in the Midwest and around the world recognize that Indiana is in the middle of everywhere. From our robust infrastructure, low-tax environment, talented workforce and ideal location as the Crossroads of America, opportunity for growth lies in Indiana.”
the Indiana Economic Development Corportation says Tec Air will initially invest approximately $7 million dollars in new equipment and building improvements in connection with the move. In addition to the new investment, Tec Air will also transfer almost $8 million of assets from its Illinois facility to the new location, bringing the company’s investment in Indiana to approximately $15 million.