In Indiana, bioplastics producer AgroRenew has told WIBQ that its previously announced production plant in Vincennes could be delayed due to tariffs. The company said tariffs have increased the cost of specialized equipment from Europe by as much as 50%, increasing the project’s total expected cost considerably and pushing out its construction timeline.
“Our operation depends on three critical elements aligning: the timely arrival of our equipment, the completion of our building, and preparation for the harvest season,” said Brian K. Southern, Founder & CEO at AgroRenew. “Each factor is deeply interconnected—we cannot install equipment without a finished building, we cannot construct the building without knowing the equipment specifications, and we cannot begin operations outside harvest season.”
The company had hoped to start production in fall 2026. For this to be possible, the equipment would have to be delivered by February 2026.
“However, this is only possible if the current tariff is lifted in time. The company has formally applied for a tariff waiver and remains optimistic that it will be granted. The exemption would allow the project to move forward without further delays or budgetary strain,” AgroRenew said.