What we know about a major new Lincoln project that could bring 1,000 jobs and $2.5 billion to the Midwest
The Lincoln Project is a major expansion of a major Lincoln plant in the heart of Illinois.
The Lincoln Manufacturing Group announced the project at the Indiana State Fair on Saturday, the first time the company has announced a new plant in Indiana.
The project is expected to add a total of 1,100 jobs in the area over the next decade, according to the Indiana Economic Development Corp. The expansion is the first of its kind in the state, and it will add another 1,400 jobs, mostly in manufacturing, over the same period.
The Indiana Economic Growth Corporation said the company plans to invest $3.4 billion in Indiana over the 20 years the project is built.
The expanded plant will be located in Carmel, a small city just south of Chicago.
It will employ about 2,000 people, about half of whom will be employed at the expanded plant.
The construction of the project has been delayed for several years, and construction will begin in 2018.
But with a project of this size, it’s hard to know if the project will come to fruition.
The Illinois Economic Development Commission said the project’s impact on the state is “likely to be modest.”
Construction could begin in 2019.
The Economic Development Corporation said in a statement that the project would generate up to $2 billion in state and local taxes over 20 years.
In addition to its new factory, the project includes new roads, sidewalks, utilities, water and sewage systems, and new landscaping.
The plant will also be home to about 400 new workers.
The company has not announced a cost for the project.
The Indianapolis Star reported in August that the expansion is expected bring about 1,500 jobs to the region.
The report said the Lincoln project is being built by the Illinois-based Lincoln Group, which is a subsidiary of the American Federation of Government Employees.
The group has already announced expansions to other states, including Pennsylvania, which it plans to build next year.
It has not disclosed the estimated total economic impact of the expansion.
Eric Holcomb has said the state would invest $6 billion in the project over the life of the contract.
Holcomb told the Star the project was important for the state because of its large number of manufacturing jobs in southern Indiana.
“I think the overall impact is going to be positive for the whole state of Indiana, and we’re going to benefit from it,” Holcomb said.