INDOT ROAD WORK UPDATE: Sherman Minton Bridge, State Street & I-265 Interchange

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The Indiana Department of Transportation (INDOT) continues work on 2 important roadway improvements this week here in New Albany.

Sherman Minton Bridge: The State will be closing a single lane on the Sherman Minton Bridge as part of the Sherman Minton Renewal Project this week to perform survey work. A single westbound lane closure will begin on Tuesday, April 23rd from 6am-3pm. A single eastbound lane will be closed on Wednesday, April 24 from 9am-6pm. Thursday, April 25th will be used as needed in case of weather or other delays. Learn more about this update at

State Street & 265 Improvement: INDOT is currently repainting the bridge and overpass on State Street over I-265. Traffic congestion is being caused due to the lane closures needed to safely complete this work. The City is currently working with the State of Indiana to shorten wait times by modifying the traffic measures that are in currently place. This work should be completed and fully open by the end of the month.

Sazerac Wins Award for Investment, Job Creation in New Albany

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CONGRATULATIONS! Last week, Chad Soeder, Plant Manager for Sazerac (pictured here with Mayor Gahan), accepted the Economic Development Impact Project of the Year Award from One Southern Indiana. The award is presented to a company whose introduction to the community, or expansion of current facilities has had the largest impact on our community in the past year.

Sazerac is investing $66 million in New Albany at the old Pillsbury Plant and is bringing at least 110 NEW JOBS to the area. Congratulations to Chad and the team at Sazerac!

For more information about Sazerac and the $66 million investment in New Albany:

Improved Flood Protection Coming to New Albany

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The City of New Albany is improving flood protection by adding self-contained backup power to our main pumping station.

“Flood protection for the City of New Albany has always been a priority for me,” stated Mayor Jeff Gahan. “This effort will further protect life and property in our River City.”

During our last flooding event, flood pumps were removing 300,000 gallons of water per minute from the city. Backup power is an added safety feature which puts New Albany’s flood protection ahead of other communities.

This addition was approved at last week’s Flood Control District Board meeting. The new power system runs on diesel fuel and will be able to keep flood control powered up and fully operational even during a grid power outage.

Recent weather models predict increased rainfall over the next few decades for the Midwest.

HMS Global Maritime Chooses New Albany

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HMS Global Maritime, one of the industry’s premier passenger vessel and marine management firms, announced its intention to open a training and customer support center in New Albany, Ind., today. The proposed expansion would create up to 50 new positions with pay estimated at 14.5 percent above the Floyd County average wage. The HMS Global Maritime fleet currently includes three overnight river cruise vessels, but an anticipated expansion of the fleet to seven vessels in coming years necessitates the expansion. Company officials would like the new facility to be located at 213 Pearl Street in New Albany, which has been partially vacant for the past year. The project investment is estimated to be approximately $800,000 in renovations in order to accommodate the 200 to 300 trainees expected to visit the center annually.

“We are proud to announce that Mr. John Waggoner and HMS Global Maritime chose New Albany over some other very fine American cities,” said Mayor Gahan. “We appreciate their decision to bring additional jobs to our river city, along with preserving and revitalizing a historic building in downtown New Albany. We look forward to many years of continued success.”

“At HMS Global Maritime and American Queen Steamboat Company, our philosophy is to push ourselves to not only be a world-class company, but to commit to delivering an uncompromising customer experience by providing our employees the very best in training, support, and skills to be successful. This proposed training center in the heart of downtown New Albany would not only help us maintain the quality workforce we need to succeed, but also bring hundreds of visitors to our hometown annually. It is the very definition of a win-win situation,” said President and CEO John Waggoner.

The Indiana Economic Development Corporation (IEDC) has offered HMS Global Maritime up to $400,000 in conditional Economic Development for a Growing Economy (“EDGE”) tax credits and up to $50,000 in Hoosier Business Investment Tax Credits based on the company’s job-creation plans. These incentives are performance-based, meaning until Indiana workers are hired, the company is not eligible to claim incentives.

While the property being considered is located in a designated Urban Enterprise Zone, the New Albany City Council will have the opportunity to vote on possible local incentives, including the Vacant Building Deduction. Upon the council’s approval, HMS Global Maritime anticipates it could begin operations as early as the end of this year.

HMS Global Maritime has successfully seen a substantial growth over the past eight years, building its overnight cruise division from the ground up to more than $100 million in revenue. In order to accommodate this growth, the company has expanded its employment from 175 in 2011 to approximately 1,000 employees in 2018.

According to Wendy Dant Chesser, president and CEO of 1si, “One Southern Indiana stands ready to assist leaders of HMS Global Maritime and the American Queen Steamboat Company with their proposed expansion in New Albany.” The expansion does not surprise Dant Chesser, who continued, “HMS Global Maritime was chosen as last year’s winner of 1si’s Business of the Year ONE Award, and it’s a tremendous home-grown company lead by an indomitable entrepreneur who has risked everything to ensure his dream succeeds.” She concluded by saying, “We look forward to this step in the company’s evolution and expect even greater things in the future.”

Downtown New Albany Tree Walk - April 26th

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The New Albany Tree Board is hosting the Downtown New Albany Tree Walk on Friday, April 26th at 5 PM. City of New Albany arborist Greg Mills will lead the walk. It will start and end at the Scribner House, 110 East Main Street, New Albany, Indiana 47150.

Participants will learn about significant trees in the area, fun facts about the trees on the walking route, as well as growing conditions.

For more information about the walk, contact Krisjans Streips, Chief City Planner, at 812-948-5333.