Mine Redevelopment Project Lands Incentives
Land Betterment is redeveloping the former Landree Mine into a craft distillery. (photo courtesy of Land Betterment)
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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowAn effort to redevelop a vacant coal mine in Greene County is receiving assistance from the state. Fishers-based Land Betterment Corp. has received tax incentives from the Indiana Economic Development Corp. to help transform the former Landree Mine into a “farm-to-bottle” craft distillery.
The company says it has been awarded $450,000 in Economic Development for a Growing Economy, or EDGE, tax credits from the IEDC.
“We are humbled to be offered such a comprehensive incentive plan while we are scaling the impact of our investment into southwestern Indiana,” said Kirk Taylor, president of Land Betterment. “We are transforming the former mining site in Greene County, Indiana to be the new location of Betterment Spirits and its Coal Craft Spirits brand, and developing a unique state-of-the-art, farm-to-bottle distillery experience.”
The company is currently in the midst of environmental remediation at the site. Once the entire project is complete, Land Betterment says it expects to create dozens of jobs, many of which will be filled by former coal miners.
“Building local support of all stakeholders first is vitally important as our impact and exposure grows coast to coast.”
The company is also partnering with Texas-based Kodiak Metals Recycling to recycle retired coal railcars and old coal mine infrastructure at the Jasonville site.