Bastian Solutions Unveils Plans for New Noblesville Corporate Campus
The City of Noblesville is pleased to announce that Bastian Solutions, a Toyota Advanced Logistics company, is planning a new state-of-the-art corporate campus in Noblesville. The 162-acre site will serve as the future home to the company’s corporate headquarters and advanced manufacturing facilities which will produce industry leading supply chain automation technologies.
The new campus will be designed to support the company’s anticipated growth over the next several decades with ground breaking estimated to start in the next 24 to 36 months.
“For 70 years, Bastian Solutions has experienced demonstrated success in central Indiana, and we’re proud to continue to call the region home as we embark on the next chapter in our history,” said Bastian Solutions President & CEO Aaron Jones.
“Our investment in the Noblesville campus will be the largest our company has made to date. This project is indicative of our commitment to Bastian employees, the material handling industry and the State of Indiana. We’re excited to build upon the roots we’ve established here to ensure we’re successful for the next 70 years.”
To determine the optimal location for the company’s new home, Bastian conducted a thorough zip code study of its current Indiana-based employees along with housing market research and labor supply market research to support future growth objectives.
The results of the study led the company to select a location near 146th and Promise Road in Noblesville, approximately 13 miles from its current corporate headquarters. The site will provide ample space for manufacturing, engineering, research and development, and thoughtfully designed outdoor spaces, which will be used to engage with the larger Noblesville community.
“Bastian Solutions has proven itself to be a committed partner who values Indiana’s long history in advanced manufacturing,” said Governor Eric J. Holcomb.
“This investment will reach beyond company walls and create an engaging environment through connectivity that will improve quality of life for employees, partners, the Noblesville community and beyond.”
This transformative project includes $130 million in total capital investment and Bastian has committed to 250 new jobs over the next five years. Their move includes 400 retained and relocated jobs.
“Bastian Solutions is not only investing in their future, but also in Noblesville’s,” Noblesville Mayor Chris Jensen said.
“This project speaks to Bastian’s commitment to job growth and economic development in Noblesville, and we are excited for our upcoming successes and bright future together.”
Pending approval from the Indiana Economic Development (IEDC) board of directors and based on the company’s job creation plans, the IEDC committed an investment in Bastian Solutions of up to $4 million in the form of incentive-based tax credits. These tax credits are performance-based, meaning the company is eligible to claim incentives once Hoosiers are hired.
The IEDC also committed an investment of up to $2 million in assignable redevelopment tax credits, which provide an incentive to companies to invest in the redevelopment of vacant property to improve the quality of place within Indiana.
In 2017, Bastian Solutions was acquired by Toyota Advanced Logistics, a subsidiary of Japan-based Toyota Industries Corporation (TICO). The building of this corporate campus is the latest example of TICO’s commitment to the growth and success of Bastian Solutions.
The company recently made investments in improvements to Bastian facilities in Boise, Idaho; Greenfield, Indiana; Georgetown, Kentucky; St. Louis, Missouri; and Dallas, Texas. These dedicated facilities will provide nearly unlimited design and manufacturing capabilities.