City of Madison Enters into Economic Development Agreement with SuperATV, LLC

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This investment will give back to the city over a period of ten years

Madison, Indiana (April 5, 2022) – The City of Madison Redevelopment Commission today announced a new TIF allocation area and entered into an economic development agreement with SuperATV, LLC in support of their $60 million investment .

SuperATV, LLC, announced the company’s expansion in October 2021. The expansion is expected to create 315 new jobs generating $17 million in annual wage revenue and approximately $153,000 in local taxes. Since the announcement, SuperATV has worked closely with city officials and the Redevelopment Commission to reach an agreement creating the allotment area, which will generate $1.5 million for the city to reinvest in the community at over the next ten years.

“This financial commitment is truly transformative for our city as we work to grow Madison and our workforce. The city is grateful to SuperATV for their investment and for working with the Redevelopment Commission and the city to create well-paying jobs in our vibrant community. We are thrilled to see this growth in Madison and look forward to the big things to come,” said Mayor Bob Courtney.

The project will be carried out in two phases. The first phase will include a 125,000 square foot expansion of the existing facility for production, logistics and warehousing, and is expected to be completed in 2023.

“SuperATV is proud to call Madison home. We are grateful to the Redevelopment Commission and the City of Madison for their continued support, which has allowed us to grow and give back to the community,” said SuperATV President Lindsay Hunt.

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