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Business Information for Knox County Indiana

Opportunity knocks in Knox County Indiana • PO Box 701  Vincennes, IN 47591-0701 • TEL (812) 886-6993 • FAX 812.886.0888 • info@kcdc.com

Our Mission: "The mission of KCDC is to be the catalyst and leader for collaborations, programs, and strategies that promote a strong business climate through a proactive working partnership with government, business, entrepreneurs, education, non-profits, and the community at large."

Our Vision: Knox County is the vibrant center of business, history, culture, and economic vitality offering services, infrastructure, facilities, and possibilities to create opportunities for business, residents, and visitors to live, work and play in a thriving and historic Indiana community.                           

Knox County Indiana employers give high marks to their workforce when it comes to measuring productivity levels. The annual employee turnover rate is less than 5 percent, and absenteeism rates range from 0-3 percent per month.

If you have specific needs and do not see a Site or Building to fill them below, contact us - we can help!

Information on our existing industries, the cost of doing businesses, taxes, incentives available, government, services and tools for building a successful business are linked below.

The Median Center of US Population is approximately 20 miles west of Vincennes. Because of its strategic location near the Median Center of U.S. Population and the major urban centers, markets and industries, Knox County is a prime location for development and distribution.

Detailed information on the availability and providers of vital services including electric, gas, fire protection, telecommunications, waste water treatment, portable water, groundwater availability and transportation can be found via this link.

Knox County Indiana is a great place to live and work. The community is equally supportive of raising a thriving family or a successful business. And, it is a true community in every sense of the world. We invite you to take a look around, both this site and the Knox County area. We think you will like what you see.

The Knox County Development Corporation would like to acknowledge the Vincennes Sun Commercial, Indiana Economic Digest, InSide Indiana Business, the Evansville Courier and Press and other area resources for some of the news stories and photographs which appear in our news links. We appreciate their ongoing coverage of events which emphasize the growth of Knox County and its economic development efforts.

The Knox County Development Corporation can assist you from planning to completion of your project. How may we assist you? Note:All services are free-of-charge and inquiries are kept strictly confidential.

Knox County Development Corp location graphic

We're Proud of the Companies We Keep...

While companies worldwide were scaling back and feeling the effects of a slow economy, Knox County companies have been steadily winning major contracts and accolades and adding to their employment numbers.

We would like to thank and congratulate some of these fine corporate citizens including...   AME Group - named one of the top 50 companies to watch by the  state of Indiana, Purdue University and the Edward Lowe Foundation.
Futaba Indiana (FIA) - named the "Business of the Year" by WorkOne, Southwest Indiana for best creation and maintenance of a 21st Century work force. Farbest Foods opened a new turkey processing plant investing over $70 million and a feed mill ($20million+) creating a market for local grain and over 170 contract growers in the area.t
Good Samaritan Hospital - continues to serve the area with world class health services. Gibault Memorial Tower, which opened July 2015, is a 120-bed, five-story building that houses Cardiology and Clinical Decision, Intensive Care, Pediatrics and Medical Surgery, Joint Replacement and Medical Surgery, Women’s Health and Oncology.
Vincennes University experiencedicnreased enrollment figures and unprecedented expansion.

And, the list goes on and on. How can we help add your business to this list of impressive successes?

Knox County Development Corporation Logo
1101 North 3rd Street
PO Box 701
Vincennes, IN 47591
TEL (812) 886-6993
FAX 812-886-0888 info@kcdc.com

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Business Information for Knox County Indiana

Companies located in Knox County maximize profits and minimize costs by taking advantage of the area's excellent operating environment. They benefit not only from the region's central location, but also from the skilled workforce, low utility rates, and low costs of doing business.

Major Employers in Knox County Indiana


Company City/Town Employees Annual Payroll Annual Benefits Total Salary and Benefits Line of Business Union Affiliation  
Good Samaritan Vincennes 1,938 $104,989,762 $28,744,225 $133,733,987 Hospital None  
Vincennes University Vincennes 1,299 $47,127,364 $14,403,169 $61,530,533 University/College    
Futaba Indiana of America Vincennes 786 $28,951,000 $6,105,000 $35,056,000 Manufacturing - Auto None  
Sunrise Coal Oaktown 642 $48,100,000 $22,500,000 $70,600,000 Coal Mining None  
KCARC Vincennes 475 $12,000,000 $4,300,000 $16,300,000 Manufacturing - textile/foods None  
Farbest Foods Vincennes 425 $9,689,000 $3,800,000 $13,489,000 Turkey Processing UFCW 227  
Vincennes Community School Corporation Vincennes 373 $12,435,282 $2,856,503 $15,291,785 Elementary and secondary school VEA for Teachers  
Bestway Express, Inc. Vincennes 300 $12,500,000 $3,800,000 $16,300,000 Trucking/Freight None  
Walmart Supercenter Vincennes 280 $6,250,000 $625,000 $6,875,000 Retail - Department stores None  
SCHOTT Gemtron Vincennes 275 $17,078,000 $6,095,000 $23,173,000 Manufacturing - Glass International Planters and Allied Trades  
City of Vincennes Vincennes 274 $6,176,871 $1,329,952 $7,506,823 Government - Local None  
Knox County Government Vincennes 270 $3,480,000 $2,760,000 $6,240,000 Government - Local None  
Pioneer Oil Company & Franklin Well Services Vincennes 235 $19,000,000   $19,000,000 Oil and gas exploration and servicing None  
Niehaus Companies Vincennes 230 $8,918,662 Not Available $8,918,662 Building, retail, manufacturing    
Duke Energy & IGCC Power Station Edwardsport 226 $17,564,975 Not available $17,564,975 Electric Company IBEW  
South Knox School Corporation Monroe City 178 $5,221,350 $2,372,623 $7,593,973 Elementary and secondary school No dues collected  
Southwest Indiana Youth Village Vincennes 175 $5,750,000 $1,200,000 $6,950,000 Correctional facility None  
JayC Food Stores (Kroger Co.) Vincennes 174     $- Retail - Grocery strore    
North Knox School Corporation Bicknell 145 $5,527,341 $2,670,587 $8,197,928 Elementary and secondary school NK Teachers Association  
The AME Group Vincennes 140 $7,500,000 $1,974,000 $9,474,000 Information technology - Service None  
Lowes Home Improvement Center Vincennes 130 $2,900,000 $1,000,000 $3,900,000 Retail - Department stores    
Lewis Brothers Bakeries, Inc. Vincennes 125 $1,700,000 $- $1,700,000 Food processing    
Excell USA, Inc. Vincennes 89 $3,500,000   $3,500,000 Manufacturing - Auto    
Packaging Corporation of America Vincennes 76 $3,666,000 $1,737,000 $5,403,000 Manufacturing - Corrugated boxes AFL-CIO, CLC  
Wabash Steel Vincennes 72 $4,030,000 Not Available $4,030,000 Manufacturing - Steel Ironworkers 518  
Scepter, Inc. Bicknell 68 $2,325,359 $1,248,792 $3,574,151 Manufacturing - Aluminum United Steelworkers  
Sure Clean, Inc. Vincennes 49 $1,871,000 $148,774 $2,019,774 Construction - restoration None  
Kemper CPA Group Vincennes 35 $1,900,000 $307,000 $2,207,000 Accounting and auditing services    
Regal Construction Vincennes 30 $1,000,000   $1,000,000 Manufacturing - Construction    
Hermetic Coil & Illinois Precision Bicknell 28 $950,000 $220,000 $1,170,000 Manufacturing - plastic molding    
JFS Milling Bruceville 25 $761,000 $300,000 $1,061,000 Turkey Feed Mill  
Indiana Department of Transportation Vincennes         Government - State  
Sodexo, Inc. & Affiliates Vincennes         Food service  
Effective date: 01/11/2017   9,567 $402,862,966 $110,497,625 $513,360,591    

 

Cost Of Doing Business

The cost of doing business in Indiana is very favorable. The state’s total business taxes are lower than our adjoining states. Indiana has one of the best worker's compensation rates and unemployment tax rates in the nation. In addition, the state’s average weekly wage is very competitive.

At a time when other states are raising taxes to keep up with mounting state debt, Indiana’s long history of smart fiscal choices, balanced state budgets and cash reserves in a rainy day fund puts the Hoosier State in a position to actually lower taxes. Indiana’s corporate income tax rate is steadily decreasing each year, from the current 6.5% to 4.9% by 2021. 

Indiana has received the following national acknowledgements for its competitive business climate:

  • Indiana ranks first in the Midwest and fifth nationally for low business costs (Forbes magazine, September '16)
  • Indiana ranks first in the Midwest and 8th nationally for business tax climate (Tax Foundation, September '16)
  • Indiana is the best state in the Midwest for business and fifth best nationally (Chief Executive magazine, April '16)
  • Indiana has the eighth best business climate in the nationby the Tax Foundation for 2017(Area Development Magazine '16)

Financial Institutions

Financial Institution
Assets
Fifth Third $139,966,392
Old National Bank
$11,791,281
Regions
$124,637,433
German American $350,643,006
First Financial Bank
$2,848,179
First Robinson Savings Bank
$11,791,281
Heritage State Bank
$ 11,791,281
Woodforest National Bank $4,912,925
Source: FDIC November 2016

Major Employers | Cost of Doing Business | Financial Institiutions | Incentives | Taxes | Government/Services | Tools for Business

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