SHELBYVILLE, Ind.– An agriculture company which planned to move its headquarters to Shelbyville has changed its mind.
Krone North America said last year they planned to create up to 101 new, high-paying jobs by 2021.
The plan was to construct a new distribution center, showroom and training facility at the intersection of Highway 44 and I-74. They originally planned to invest $12.5 million to construct the 200,000-square-foot facility on 40 acres of undeveloped land.
The facility was going to serve as the company’s primary distribution hub and training center in North America.
A company spokesperson said Krone pulled out of the deal because they wanted to re-evaluate their original plans, not due to any issues with the location or Shelbyville as a whole.