Vote that could bring new jobs to Princeton delayed - 14 News, WFIE, Evansville, Henderson, Owensboro

Vote that could bring new jobs to Princeton delayed

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PRINCETON, IN (WFIE) -

A vote has been delayed on incentives that could bring as many as 180 new jobs to Princeton. 

Two businesses are looking to expand. Vuteq and Gibson County Warehousing.

On Monday night, the Redevelopment Commission told the companies they need more information before the board hands out close to $2 million in incentives.

"It's a good opportunity for my company and I know it's a good opportunity for the county," said Mike Crabtree. 

Mike Crabtree is the owner of Gibson County Warehousing. He wants to add as many as 70 jobs to his company by next year.

"They'd range from $10 an hour to $15 an hour on some of them," Crabtree said.

Crabtree is seeking $1 million of Toyota TIF money. Vuteq, a Toyota supplier, is asking for $800,000. 

Vuteq plans to add as many as 110 jobs with a starting pay of $12 an hour. 

"We're trying to get these projects in and get it under a timeline that will allow these corporations to get approval from their main corporations and not give an opportunity for them to go to another state or county," said Todd Mosby, the Executive Director of the Gibson County Economic Development Corporation.

But, on Monday, the Redevelopment Commission stalled a vote. The board requested additional information from both companies.

"We want to be careful. We don't want to rush through this too fast," said Helen Hauke, the President of the Redevelopment Commission.

Vuteq and Gibson County Warehousing plan to fill the board's request by next week. Both companies are hoping expansions begin by next spring.

"That's our game plan to try and get it done by next summer," Crabtree said.

The Redevelopment Commission's next meeting is set for November 26th. 

The board did approve a $4.4 million bond for Toyota. That now heads to the Economic Development Commission.

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