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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowA company that services oil and natural gas wells is moving its main office to southwestern Indiana from a nearby Illinois community.
Franklin Well Services executives announced Tuesday that the company will have about 90 people working at its new headquarters in Vincennes by 2018. It is already moving employees and equipment from its current office in Lawrenceville, Illinois, which is about 10 miles from Vincennes.
The company is remodeling a 35,000-square-foot former department store in downtown Vincennes for its new office.
The company provides well stimulation, cementing and drilling fluids services throughout Illinois, Indiana and western Kentucky.
The Indiana Economic Development Corp. offered Franklin Well Services up to $3.8 million in conditional tax credits based on its job-creation plans.
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