Inside IN Posted: Jun 27, 2018 12:31 PM EDT
Anderson-based Hy-Pro Filtration is planning to expand operations in the
Madison County city. Our partners at The Herald Bulletin report the Anderson Board of
Public Works has approved incentives for the company, which will invest $1.6 million in the
project, creating 30 jobs.
The board approved a $50,000 incentive from food and beverage tax revenues for the
company. Greg Winkler, executive director of the Anderson Economic Development
Department, tells the publication the company is not requesting a tax abatement on new
equipment as part of the expansion.
Winkler says the investment will allow for additional research and development by Hy-Pro,
which manufactures and distributes ltration systems for industrial applications. It will also
allow for the customization of ltration systems.
Hy-Pro Filtration was founded in Anderson in 1986 but later moved to Fishers. The company
relocated back to Anderson in 2015 as part of a $10.5 million investment and currently
employs about 100 workers. Hy-Pro was acquired by Minnesota-based Donaldson Co. last year.