Diamond Pet Foods chooses Indiana I-74 for $259M production center
Press release from Indiana Economic Development Corporation
RUSHVILLE, Ind. (Sept. 14, 2022) – Governor Eric J. Holcomb joined Rushville Mayor Mike Pavey and executives from Diamond Pet Foods today to announce the company’s plans to build a 700,000-square-foot manufacturing and distribution center in Indiana to support its Midwest client base. To support the new $259 million state-of-the-art operation, the company plans to create up to 170 new jobs by the end of 2024.
“We couldn’t be prouder to welcome one of the world’s largest privately held pet food manufacturers to Indiana’s thriving economic ecosystem,” said Gov. Holcomb. “The Crossroads of America is where agriculture and innovation perfectly intersect, and precisely where our number one ranked infrastructure program, high quality of place and access to talent all contribute to support Diamond’s impressive goals and growth. I’m confident, together, we’ll find success in Indiana for generations to come.”
Founded in 1970, Diamond Pet Foods is a family-owned business headquartered in Meta, Mo. that produces cat and dog food from U.S.-sourced ingredients. The new facility, located at 2606 North State Road 3 in Rushville, will be the company’s first in Indiana and will house production and distribution operations, increasing the company’s output to Midwest clients. Construction is underway, and the facility is expected to be operational in 2024.
“We are excited to choose Rushville for its proximity to suppliers as well as the community’s skilled workforce,” said Mike Kampeter, president of Diamond Pet Foods. “This new state-of-the-art facility will allow us to continue offering quality pet food at prices pet parents can feel good about. We look forward to adding Rushville and Indiana to the Diamond family.”
The company employs more than 1,000 associates in its Missouri, Arkansas, Kansas, South Carolina and two California locations. Information about open positions will be made available online.
Diamond Pet Foods is growing its Midwest presence due to increasing demand for pet food as well as an increase in U.S. pet ownership over the last several years.
“Rushville is truly fortunate to have Diamond Pet Foods growing their company here,” said Rushville Mayor Mike Pavey. “The leadership of Diamond Pet Foods understands rural communities. They will have a positive impact to Rush County for generations.”
Based on the company’s job creation plans, the Indiana Economic Development Corporation (IEDC) committed an investment in Schell & Kampeter Inc. (dba Diamond Pet Foods) of up to $1.5 million in the form of incentive-based tax credits and up to $300,000 in the local community from the Industrial Development Grant Fund to support infrastructure improvements. These tax credits are performance-based, meaning the company is eligible to claim incentives once Hoosiers are hired and investments are made. The city of Rushville offered additional incentives.
About Diamond Pet Foods
Founded in 1970, Diamond Pet Foods is a family-owned and privately held company. As a leading manufacturer of pet food, Diamond Pet Foods provides a complete range of proprietary and private label products manufactured in six state-of-the-art and safety-certified facilities across the United States. Our mission is to make quality pet food affordable because we believe every pet deserves the very best.
The Indiana Economic Development Corporation (IEDC) is charged with growing the State economy, driving economic development, helping businesses launch, grow and locate in the state. Led by Secretary of Commerce Brad Chambers, @SecChambersIN, and governed by a 15-member board chaired by Governor Eric J. Holcomb, @GovHolcomb, the IEDC manages many initiatives, including performance-based tax credits, workforce training grants, innovation and entrepreneurship resources, public infrastructure assistance, and talent attraction and retention efforts. For more information about the IEDC, visit iedc.in.gov.