Dometic Eyes Corp. HQ Move to Louisville, Ky.
Dometic Corp. today (June 16) received preliminary approval for state and local tax incentives worth up to $3 million if it moves its North and South American headquarters from Elkhart, Ind., to Louisville, Ky., the Louisville Courier-Journal reports today.
The approval came in a special video conference meeting of the Kentucky Economic Development Finance Authority (KEDFA).
The authority’s next regular meeting is June 24 in Frankfort, but the company could not wait that long to obtain assurance it was eligible for the incentives, according to Mandy Lambert, spokeswoman for the finance authority.
She said Dometic has internal deadlines that needed to be met in order for them to continue their decision-making process.
Dometic, a subsidiary of Sweden-based Dometic Group, makes air conditioners, refrigerators, toilets and other products for boats, RVs, trucks and hotel rooms.
The company is considering moving its North and South American headquarters from Elkhart in Northern Indiana to Louisville, bringing 98 jobs to the area with an average salary of about $60,000.
Dometic would invest more than $4.1 million to secure a 25,000-square-foot corporate office in Louisville, according to KEDFA documents.
Barkley Garrett, economic development director for the city of Elkhart, said he was surprised by the announcement, especially after the city and state of Indiana authorities worked last year to provide tax incentives to Dometic to move certain production operations from the company’s home base in Sweden and a plant in Mexico to Elkhart and nearby LaGrange, Ind.
He told RVBUSINESS.com he had not been contacted by Dometic but added, “I will look into this and see what’s going on.”