FISHERS (Aug. 18, 2014) – Sun King will expand again in central Indiana, this time bringing its operation to Fishers. The move is expected to create up to 55 new jobs by 2019.
Indiana’s second-largest craft brewery will invest $8.8 million to build and equip a 40,000-square-foot facility at the corner of Kincaid Drive and Park Central Drive in Fishers. The building will house Sun King’s second brewery and include a tasting room.
“I think most people are pretty excited about this,” said town manager Scott Fadness. “We’re a young dynamic entrepreneurial community and I think Sun king fits that mold to a tee.”
“Fishers has the opportunity we need to build a purpose built brewery one that will allow us to grow and expand into the future,” said Sun King co-founder/owner Dave Colt. “At our brewery Downtown, we really can only bring in so many folks, but this will have enough parking and growth opportunities and room for us to add more tanks.”
Sun King opened in Indianapolis in 2009. Since then, it’s expanded its capacity by eight times. The brewery expects to produce 28,000 barrels of beer in 2014, and the Fishers facility will help it keep up with demand for its beer.
According to Sun King, the new brewery will be able to expand for future growth, and the tasting room will be large enough to accommodate hundreds of people. Sun King will continue brewing at its current facility at 135 N. College Ave. in Indianapolis. Both breweries will produce Sun King’s signature brands, including Sunlight Cream Ale, Osiris Pale Ale and Wee Mac Scottish-style Ale, as well as seasonal and specialty beers.
This is the brewery’s second big expansion in two years. In 2013, Sun King announced plans to invest $3 million to expand its Indianapolis facility to increase beer production, a plan that included adding up to 32 new jobs by the end of 2016.
The Indiana Economic Development Corporation offered Sun King up to $450,000 from the state’s Industrial Development Grant Fund to the town of Fishers and in conditional tax credits. Fishers will consider additional tax abatements.
“Basically we’ll allow Sun King to capture the taxes generated off of their property for the next 25 years and use that money towards infrastructure improvements to connect to the community as well as some of their infrastructure costs on site,” said Fadness.
Bike trails will also be part of the plan, to connect the brewery with the new downtown Fishers area being built along 116th street. There are also plans for a new interchange near the new brewery at I-69 and 106th.
“Fishers is re-imagining itself and adding in a lot of amenities for the community,” said Colt.
“I think it adds a dynamic quality to our community that’s maybe been lacking in the past and that’s what’s so exciting to us and hopefully to our residents as well,” said Fadness. “It’s a symbol of the momentum in our community.”
Fishers officials said the brewery is expected to have $19.5 million in regional economic impact. The brewery is expected to draw 27,000 visitors.