Conco, Inc. Expanding their facility with $71 million investment in Scottsburg.

Additional 175 high paying jobs will be added to the company

                               conco

Southern Indiana is celebrating another expansion of Conco, a full-time, full-service supplier of ammunition containers and related services. The company plans to invest another $71.4 million to expand their Scottsburg location, adding 150,000 square feet to the existing facility to accommodate increased state-of-the art manufacturing, finishing, and storage capabilities. The expansion will also create an additional 175 full-time jobs with an hourly average wage of $30 per hour. This is in addition to the $54 million capital investment and 175 jobs announced in September 2023, bringing the total on-site employment to 350.

Conco has served the United States Armed Forces as a full-time supplier since 1967. With a strong reputation for high-quality products, on-time delivery, and technical support, they continue to meet the military’s needs and develop innovative products to adapt to ever-changing requirements. Con co is also a designated “return site” equipped to store, de-militarize, and prepare container models for reuse and resale. Their specialized products include insensitive munitions, rectangular containers, square bell containers, and round bell containers, in addition to their refurbished ammunition container options.

“The Conco team couldn’t be more excited about our continued growth in Southern Indiana,” said Karen Paschal, President and CEO of Conco. “As we increase our production goals, investing in our Scottsburg facility is the ideal solution and will position us to fulfill our duty as a mission-critical defense partner. We are honored to partner alongside the City of Scottsburg and the State of Indiana to create additional growth and opportunities for our region.”

Based on the company’s job creation plans, the Indiana Economic Development Corporation (IEDC) has committed to an investment in Conco of up to $1.9 million in the form of performance-based tax credits.

These tax credits are performance-based, meaning the company is eligible to claim incentives once

Hoosiers are hired. In addition, the City of Scottsburg is offering the company personal and real property tax abatement, phasing in over five and ten years, respectively.

Mayor Terry Amick of Scottsburg shares, “The expansion of Conco into Scottsburg represents a major milestone for our community. Their combined $125 million in capital investment and 350 local jobs will have a transformative impact on our local economy. We’re eager as a city to support Con co and to see the positive effects their presence will bring to our growing community.”

“Indiana is playing a critical role in national security thanks to the commitment and collaboration of the state’s defense ecosystem,” said Ann Lathrop, chief strategy officer at the I EDC. “From our federal installations to innovators supporting the global supply chain to defense contractors like Con co, Indiana is keeping citizens safe while supporting continued economic growth. Conco’s latest expansion will bolster the state’s defense sector while creating quality career opportunities and bolstering new community growth in southern Indiana.”

“Conco’s expansion in Southern Indiana is a significant win for our region and we are thrilled to support their continued growth,” said Lance Allison, President and CEO of One Southern Indiana. “Their investment and job creation in Scottsburg showcases the strength of our local economy and the opportunities that exist for businesses to thrive. Conco’s long-standing service to the United States Armed Forces, combined with their innovative approach, highlights the kind of forward-thinking companies we are proud to have in Southern Indiana.”

About Cenco, Inc.

Conca is a designated “small business” with 50 years of experience dedicated to the ammunition container market and is ISO 9001:2015 certified. Conca is centrally located in Louisville, KY, and is currently the prime contract container supplier for several U.S. Army ammunition programs. For more information, visit concocontainers.com. If interested in a position at Conco, email resumes to resumes@concocontainers.com.

About One Southern Indiana

One Southern Indiana (1si) was formed in July of 2006 as the chamber of commerce and economic development organization, now serving Clark, Floyd, and Scott County. 1si’s mission is to help businesses innovate and thrive in the Southern Indiana/ Louisville metro area via the three pillars of Business Resources, Economic Development and Advocacy. For more information on One Southern Indiana, visit www.1si.org.

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