County, Lawrenceburg Incentives Lure New Business
By Mike Perleberg
(West Harrison, Ind.) – A new business will produce not just flour, but new jobs in Dearborn County.
Whitewater Mill, LLC is a joint venture between two of the oldest names in the flour milling industry: Siemer Milling Company of Teutopolis, Illinois and H. Nagel & Son Company of Cincinnati.
The website FoodBusinessNews.com reports that Whitewater Mill will build a new flour mill in West Harrison, believed to be in Dearborn County’s Tax Increment Finance district along Harrison-Brookville Road near Interstate 74 exit 169. County officials approved changes to the TIF district last week.
With a targeted opening date of spring 2015, Whitewater Milling is expected to have a workforce of 35 people once it is operational. The project is said to be a $44 million investment for the companies.
The online report said Whitewater Mill is getting support from Dearborn County, Lawrenceburg’s Regional Economic Development Grant program, and the Indiana Economic Development Corporation. The City of Lawrenceburg has approved $1.4 million in grants for the new employer.
Richard C. Siemer, president of Siemer Milling, said the project is a great opportunity for flour milling in the Cincinnati area. Existing and potential wheat supply and flour demand factors point to long-term success for the venture, he added.
Siemer also praised the government incentives which lured the companies to West Harrison.
“We are very happy with the positive reception our project has gotten from local governments in the Dearborn county area,” Siemer said. “Incentives can rarely be the decisive factor in business location, and in this case, transportation probably ranks as number one. But the total package offered to us by the governments is extremely helpful in a capital intensive project like this. And their encouraging attitude and assistance in dealing with regulatory issues is invaluable.”
This plant is designed for the future, not the past, Siemer said.
“Whitewater mill will be a renewal for Nagel and Siemer,” said Ted Nagel, president of H. Nagel, which also does business un the name Brighton Mills. “For us in Cincinnati we expect efficiencies in milling and transportation over our current facilities. We look forward to the challenges of the future with the partnership between Nagel and Siemer at Whitewater Mill.”