Botanical extracts firm Verdure Sciences Inc. plans to build a 15,000-square-foot facility on 7 acres in the Metro Enterprise Park east of State Road 37. The building will include space for offices, a manufacturing lab and a warehouse.
Construction is expected to cost $3 million, and Verdure plans to invest $500,000 to equip it. The 19-year-old company also plans to add 10 employees to its staff of 20 within five years.
The city of Noblesville is considering property tax abatements in connection with the project.
Read more from the source: Indianapolis Business Journal.