Salesforce Tower Indianapolis to House Regional Headquarters With 800 Jobs

Salesforce (NYSE: CRM) has announced that it will establish a new regional headquarters in downtown Indianapolis’s tallest tower, which will be branded as Salesforce Tower Indianapolis.

Salesforce Tower Indianapolis

Salesforce Tower Indianapolis (photo – IEDC)

Supported by state tax credits and training grants and additional City of Indianapolis economic development incentives, the company is investing more than $40 million into this project over the next 10 years and will be creating up to 800 new jobs by 2021.

Salesforce Tower Indianapolis will add to the growing ranks of other regional headquarters, including Salesforce Tower NY and Salesforce Tower London, and the company’s new global headquarters in Salesforce Tower San Francisco.

Scott McCorkle, chief executive officer of Salesforce Marketing Cloud, said in a blog post on the company’s website that “What truly makes Salesforce a great place to work are the people.  Salesforce Tower Indianapolis will bring our #SalesforceOhana culture to life in an inspirational space where everyone can come together to collaborate, innovate, and do the best work of our lives.”

Governor Mike Pence said in a statement that “Today’s outstanding commitment from Salesforce proves without a doubt that Indiana is now the Midwest hub for technology and innovation.”

Salesforce’s expansion in Indianapolis will result in a $122.7 million total economic impact. In order to secure this project, the Indiana Economic Development Corporation is offering Salesforce up to $17,200,000 in conditional tax credits and up to $750,000 in training grants, subject to approval by the IEDC Board of Directors. These performance-based incentives will be made available only after Salesforce attains its current hiring goal of 1,560 associates in Indiana.

Salesforce was founded in San Francisco 17 years ago, and already has well over 1,000 employees in the Indianapolis area, and more than 20,000 employees worldwide.

The company is also in line to receive additional local incentives from the City of Indianapolis. Mayor Joe Hogsett said in the release that “Salesforce is a tremendous partner to our city and residents, bringing hundreds of new jobs to the community and solidifying Indianapolis as a leading destination for innovative companies.”

The Mayor also noted on Twitter that Salesforce chose Indianapolis because Indianapolis welcomes all, and added that Indianapolis will continue to fight to be a hospitable environment for business, as well as a hospitable environment for families.

McCorkle likewise responded that “Salesforce is among Indiana’s largest technology employers, and we’re thrilled to be investing for further growth in Indianapolis.”

Huntington County, Indiana Secures CSP Expansion – Largest Private Investment Project in Nine Years

Tier 1 automotive supplier Continental Structural Plastics Inc. has announced plans for an expansion of its operations in the Riverfork Industrial Park in Huntington, IN.


CSP (photo –

Supported by the state tax credits and training grants and additional local incentives from Huntington County and the City of Huntington, the company is investing $33,502,000 to add a new 130,000-square-foot facility on six acres adjacent to its current 210,000-square-foot facility in the Riverfork Industrial Park.

The company currently employs 323 people in Huntington, and is also in the process of adding jobs associated with earlier expansions. All told, CSP Huntington will employ nearly 480 people by the time its expansion plans are completed in 2020.

Governor Mike Pence said in a statement that “As CSP grows its operations here in Indiana, Hoosiers can rest assured that this administration will continue to pursue the kinds of policies that make our state a destination for investment and growth.”

Jerry Reid, operations manager of CSP Huntington, added that the Huntington area continues to be a very business-friendly place, making the decision to further invest in this area an easy one for them.

Founded in 1969, Auburn Hills, MI-based Continental Structural Plastics provides leading-edge technologies in lightweight materials and composite solutions for the automotive, heavy truck, HVAC and construction industries. The company employs nearly 3,300 associates across 14 manufacturing facilities in the United States, Mexico, France and China.

“We have access to a talented and hard-working employment base, and continue to receive significant support from the local, county and state economic development offices that enables us to grow our business and contribute to the Huntington-area economy,” said Reid.

In order to secure the project, the Indiana Economic Development Corporation offered Continental Structural Plastics Inc. up to $600,000 in conditional tax credits, in addition to $50,000 in training grants tied to the company’s job creation plans.

Huntington County and the city of Huntington are providing additional incentives to support the project at the request of Huntington County Economic Development Corporation.

Mark Wickersham, executive director of the Huntington County EDC, said in a statement that CSP is a fantastic corporate citizen in their community, and noted that this new project represents the largest investment of private capital in Huntington County in over nine years.

Both Wickersham and Huntington Mayor Brook Fetters also pointed out that this was truly a team effort, with the County Commissioners, City Council, Mayor and the IEDC all working together to make this project a reality.

German Agricultural Equipment Maker Krone Relocates North America Headquarters to Shelbyville, Indiana

Agricultural equipment manufacturer Krone North America has announced plans to relocate its headquarters to Shelbyville, IN, and also build a new distribution center, showroom and training facility in Shelbyville.


Krone (photo –

Supported by state tax credits, an infrastructure assistance grant and City of Shelbyville economic development incentives, the company will invest $12.5 million to construct a 200,000-square-foot facility on 40 acres of undeveloped land.

While most of the space will be used for distribution and showroom facilities, the new facility will also house approximately 20,000 square feet of office space to accommodate Krone’s corporate headquarters team.

The project will bring 101 new high-wage jobs to Shelbyville and Indiana by 2021. These are jobs with average salaries that will be nearly double the state’s average wage. Krone will start hiring next year once they know how many of their current employees in Memphis will be relocating to Indiana.

Krone North America, which distributes German manufactured performance-engineered equipment for the hay and forage industry, is a part of Spelle, Germany-based Bernard Krone Holding GmbH & Co. KG. The company was founded in Germany in 1906, and Krone North America was established in Memphis in 1973. Still owned by the Krone family, the company now employs more than 4,500 associates globally, including 160 in the United States.

Tommy Jones, president and chief executive officer of Krone North America, said in a statement that “In our search we were very impressed with the commitment and teamwork of the community and the state in helping us make this decision.” Jones added that the culture of Krone aligns very well with that of Shelbyville.

Governor Mike Pence said in the release that “I am honored to welcome Mr. Jones and the entire Krone team to the Hoosier state, and look forward to growing the company’s future together.”

Shelbyville Mayor Tom DeBaun highlighted the cooperation between the City, Shelby County Development Corporation and other partners that helped secure the project.

“The units of local government along with the Shelby County Development Corporation worked tirelessly to secure this opportunity and had input from a number of other agencies and organizations within the community,” said Mayor DeBaun. “Additionally, the partnerships with the Indiana Economic Development Corporation and the state of Indiana were invaluable in making this a reality.”

IEDC has offered Krone North America up to $1,800,000 in conditional tax credits tied to the company’s job creation plans, and the city will additionally get up to $500,000 in infrastructure assistance from the state’s Industrial Development Grant Fund. Shelbyville economic development incentives for the project are being considered at the request of the Shelby County Development Corporation.

Honda Manufacturing of Indiana Announces $52M Expansion in Greensburg

Honda Manufacturing of Indiana, LLC has announced an expansion of its plant in Greensburg to support production startup early next year of the Honda CR-V compact SUV, and the establishment of a training center for its employees.

Honda CR-V

Honda CR-V (photo – IFCAR/wikipedia)

Supported by state tax credits and training grants, and local assistance secured with the help of the Greensburg Decatur County Economic Development Corporation, the company is investing $52 million to enhance job training and add production of the Honda CR-V.

Specifically, HMIN is investing approximately $40 million to enhance the manufacturing flexibility and production capabilities of its existing 1.3 million-square-foot plant, and will invest an additional $12.37 million toward its new 20,000-square-foot Associate Resource Center.

ARC is a Honda career development facility designed to promote the enhancement of HMIN associate manufacturing skills. HMIN will offer more than 1,000 self-guided e-learning classes that range from Honda-specific training to universal skills training.

HMIN President Bob Nelson said in a statement that “This new investment in our Indiana facility will enhance our manufacturing flexibility and better position Honda to meet customer demand for our lineup of innovative and fuel-efficient passenger cars and light trucks.”

This latest expansion will create up to 100 new jobs by the end of the year to support the production line.

HMIN, which began production of the Honda Civic Sedan in Oct 2008, was Honda’s fourth auto plant in the U.S. and its seventh in North America. The capital investment in HMIN now exceeds $900 million, and the plant provides employment for over 2,300 associates.

The facility has the capacity to produce 250,000 vehicles annually, and last year sourced more than $2.4 billion in OEM parts from 57 suppliers, including 18 in Indiana. Also notable is the fact that HMIN has one of the lowest environmental footprints of any automobile plant in Honda’s global production network. Honda operates 18 manufacturing facilities in North America alone, including eight automobile plants.

Governor Mike Pence, who joined company executives at the HMIN plant in Greensburg for the announcement, said in a statement that Honda has been a great partner to the state of Indiana from the moment the company announced plans to establish a facility in Greensburg in 2006. “I have had the pleasure of meeting with the company’s leadership here in the United States and in Japan, and I am proud that they have once again chosen Indiana for growth,” said Gov. Pence.

The Honda expansion is being supported by the Indiana Economic Development Corporation with performance-based incentives that include up to $860,000 in conditional tax credits and up to $140,000 in training grants tied to the company’s job creation plans. HMIN’s expansion project is also being supported by the City of Greensburg at the request of the Greensburg Decatur County Economic Development Corporation.

Greensburg Mayor Dan Manus added that he looks forward to Greensburg and Decatur County governments and the local economic development corporation continuing to assist Honda’s success, so this excellent company will be able to prosper and provide high-paying jobs for the community.

Blue Horseshoe Brings More Jobs to Carmel, Indiana With Headquarters Relocation

Blue Horseshoe, a global software firm specializing in supply chain and logistics solutions, has announced plans to establish a new corporate headquarters in Carmel, IN.

Blue Horseshoe HQ in Carmel, IN

Blue Horseshoe HQ in Carmel, IN (photo –

Supported by state tax credits from the Indiana Economic Development Corp and additional Carmel economic development incentives, the company will invest $3.5 million to move its operations to a new 50,000-square-foot three-story building and increase its corporate headquarters space by 11,000 square feet.

Carmel, IN-based Blue Horseshoe, founded in 2001, now provides expert management and strategy consulting to Fortune 500 companies and mid-market businesses in more than 15 different countries, with a specific focus on Microsoft Dynamics AX ERP.

The headquarters relocation and expansion plans include the creation of 70 new high-wage jobs by 2020. The company currently has 95 employees in Indiana and employs about 200 associates across its office locations in Carmel, Columbus, Denver, and Charlotte, and also recently opened its first international office in Amsterdam. Blue Horseshoe has been named as one of the Best Places to Work in Indiana by the Indiana Chamber of Commerce.

Chris Cason, president of Blue Horseshoe, said in a statement that “In an industry like ours, we had choices among other cities and states, but we felt it was important to stay in Indiana, particularly Carmel, where we enjoy a strategic location, solid business environment and a quality of life that helps us attract and keep employees.”

In order to secure the new headquarters project, the Indiana Economic Development Corporation offered Blue Horseshoe Solutions Inc. up to $1,125,000 in performance-based tax credits and another $75,000 in training grants tied to the company’s job creation plans. The company will also get additional local incentives from the city of Carmel.

Governor Mike Pence said in a release that “Indiana’s business climate and skilled workforce are encouraging significant growth in the tech industry, and I’m proud that Blue Horseshoe is continuing that trend by choosing to expand its headquarters in the Hoosier State.”

Carmel Mayor James Brainard noted that Blue Horseshoe was one of the city’s shining high-tech stars, with roots as a small firm established right in Carmel and now growing into a major international company. “Today’s news is a testament that Carmel is a great place to start a business, attract a high quality workforce and experience tremendous growth,” said Mayor Brainard.

Carmel’s high-density employment centers have already attracted more than 40 corporate headquarters of major companies that do business worldwide.

Trinity Health, XPO Logistics Select Fort Wayne, IN For First of Four Distribution Centers

Trinity Health and XPO Logistics, Inc. (NYSE: XPO) announced the selection of Fort Wayne, IN as the location for the first of four distribution centers to help transform the former’s 21-state hospital system into a people-centered one that will focus on improving health while reducing costs for the people and communities it serves.

Trinity Health, XPO Logistics distribution network

Photo –

Supported by state tax credits from the Indiana Economic Development Corporation and additional local incentives from Allen County, the $26 million distribution center will create 75 new jobs for Fort Wayne and Allen County.

XPO Logistics will manage and operate the facility, which will serve as the regional distribution hub for medical and surgical supplies for Trinity Health hospitals. Greenwich, CT-based XPO Logistics is a leading provider of freight transportation and logistics services with 89,000 employees worldwide, which includes more than 1,500 jobs at 19 facilities in Indiana.

Non-profit Trinity Health is one of the largest health care delivery systems in the U.S., serving communities in 21 states through a network of 88 hospitals and 126 continuing care locations that provide nearly 2.5 million visits annually. With annual operating revenues of about $15.8 billion and assets of about $20.4 billion, the organization returns almost $1 billion to its communities annually in the form of charity care and other community benefit programs.

Lou Fierens, senior vice president of supply chain and fixed asset management for Trinity Health, said in a statement that “The modern, world-class facility and distribution process we are creating with XPO will help us further our Lean/Kanban approach to supply chain management for the benefit of the individuals and communities that rely on us for high-value services.”

Fort Wayne is ideally located in Northeast Indiana approximately two hours from Indianapolis and three hours from Chicago, Detroit, Columbus and Cincinnati. A distribution hub in this location will give Trinity Health the ability to quickly and easily supply its hospitals and other facilities with standardized products, pricing and procedures that eliminate the risk of error.

Ashfaque Chowdhury, president of supply chain for the Americas and Asia-Pacific at XPO Logistics, added that they received outstanding support from Fort Wayne and Allen County in the development of this project. “We’re pleased to join with Trinity Health to bring these investments and jobs to the state of Indiana,” said Chowdhury.

Governor Mike Pence said in a statement that “We’re proudly known as the Crossroads of America, and with the logistics industry expected to more than double by 2035, we’re making unprecedented investments in our infrastructure statewide to ensure that global companies like XPO Logistics continue to choose Indiana for growth and job creation.”

In order to secure this project, the Indiana Economic Development Corporation has offered XPO Logistics up to $750,000 in performance-based tax credits. Allen County has separately approved additional local incentives for the project.

Carrier, UTEC to Reimburse Indianapolis and Indiana Incentives

Following a meeting with Governor Mike Pence, members of the Indiana Economic Development Corporation and others, Carrier Corp and United Technologies Electronic Controls (UTEC) have agreed to reimburse certain state and local incentives extended to the companies for their projects in Indianapolis and Huntington, IN.

Carrier statement Indiana jobs

Photo –

Last month, the two companies had announced plans to relocate manufacturing operations and a total of 2,100 jobs from Indianapolis and Huntington to Mexico. State, local and federal officials wrote to the companies urging them to work find a solution. Lawmakers in Indiana are also in the process of pushing through legislation that would enable local units of government to claw back incentives provided to both companies.

Executives from both companies met with Gov. Pence yesterday to discuss the wide range of factors that led to their decision to relocate manufacturing operations, and a possible solution to the resultant loss of 2,100 jobs for the state.

The two United Technologies Corp. companies haven’t changed their decisions about relocating their manufacturing operations to Mexico, but Gov. Pence said they have confirmed that Carrier and UTEC will maintain 400 good-paying jobs in Indianapolis and Huntington. The Governor also noted that Carrier and UTEC will reimburse the state for all training grants that are currently scheduled to be provided for the companies, which amounts to some $382,000.

The two companies have furthermore agreed to reimburse local governments for the Huntington and Indianapolis economic development tax abatements that have been extended to them. Specifically, Carrier and UTEC will return $1.2 million in tax abatement to the Metropolitan Development Commission in Indianapolis.

Carrier Corp. issued a statement in which it says that “The productive meeting touched on the continued migration of Carrier’s suppliers and competitors to Mexico, as well as ongoing cost and pricing pressures driven, in part, by evolving regulatory requirements and standards. The company also reaffirmed its intention to work directly with the appropriate state and local agencies to reach a resolution on repayment of tax incentives.”

The company also noted that it has not received and will not claim the $5.1 million federal Advanced Energy Manufacturing Tax Credit, and also says that it is evaluating other grants and credits that have been awarded, and will not retain or claim any credits for obligations that have not been met.

Carrier also pointed out in the statement that their decision to relocate manufacturing operations “is not a reflection on the positive business environment in Indiana.” They are keeping 400 headquarters, engineering and marketing jobs in the area, and will also continue to support their distributors and contractors who employ thousands of people across the state.

Indiana House Approves Incentives Clawback Amendment to Punish Companies That Leave the State

By a wide 60-34 margin, state representatives in the Indiana House have approved an amendment that would enable local units of government to claw back property tax incentives granted to a company that leaves the state. The amendment would also prevent such companies from taking any more advantage of State of Indiana economic development tax credits.

Indiana incentives clawback amendment

Indiana incentives clawback amendment (photo –

The amendment (Amdt No.4 to Senate Bill 308) was authored by State Rep. Karlee Macer (D-Indianapolis), and introduced in the House following the announcement last month by Carrier Corp. to relocate its manufacturing operations and 1,400 jobs from Indianapolis to Mexico, and by United Technologies Electronic Controls (UTEC) to relocate its Huntington, IN manufacturing operations with 700 jobs to Mexico.

Both companies are a part of United Technologies Corporation (NYSE:UTX), and Governor Mike Pence is scheduled to meet with company executives today to discuss a possible solution to the loss of thousands Indiana jobs after the two United Technologies companies have received millions in state, local and federal incentives for job creation and investments in the state.

Meanwhile, state lawmakers and local government officials in Indianapolis are moving ahead with preparing the legal ground for a clawback of incentives granted to the two companies, in case no solution is forthcoming from their talks with union and elected officials.

Rep. Macer’s amendment to Senate Bill 308 would add a new chapter to the Indiana Code, stating that if a property taxpayer receiving any deduction, credit, abatement, or other form of a property tax reduction that was provided as an incentive to create or maintain jobs in Indiana subsequently reduces or eliminates employment at an Indiana location, then the county auditor, assessor, and treasurer shall remove any incentive from any property for which the property taxpayer is receiving an incentive.

Furthermore, the county auditor and county treasurer shall compute the amount of property taxes that the property taxpayer has saved over the life that the incentive was provided and the county treasurer shall send to the property taxpayer a statement for an amount equal to these savings specifying that the amount is due within 60 days after the date of the tax statement.

Rep. Macer said in a statement that “Considering that federal, state and local governments have provided millions of dollars in taxpayer-funded assistance to Carrier and United Technologies in recent years, only to see the company make it clear they intend to take our money and run to Mexico, I believe it is imperative for our state to take the lead in telling these companies that they owe us for what they have taken from us.”

Senate Bill 308 is now eligible for final consideration in the House.

Dupont, Dow Agriculture Co. Site Selection – Delaware Gets HQ, Iowa and Indiana Get Global Business Centers

DuPont (NYSE:DD) and The Dow Chemical Company (NYSE:DOW) have announced U.S. site selection decisions for the Agriculture company following the planned separation of DowDuPont into three independent, publicly traded companies – Agriculture, Material Science, and Specialty Products.

Dow headquarters

Dow headquarters (press photo –

Agriculture operations across DuPont and Dow totaled roughly $18 billion last year. The corporate headquarters for this merged Agriculture company will be located in Wilmington, DE and will include the office of the CEO and key corporate support functions.

The Specialty Products company will also be headquartered in Wilmington, DE, and the Material Science company will be headquartered in Midland, MI.

The companies also announced the selection of Johnston, IA and Indianapolis, IN as Global Business Centers for the Agriculture company, where they will consolidate leadership of business lines, business support functions, R&D, global supply chain, and sales and marketing capabilities.

Edward D. Breen, chairman and chief executive officer of DuPont, said in a release that “We want to thank the leaders of each state for a highly constructive, cooperative process to achieve the best possible approach that leverages key advantages in each location.”

Andrew N. Liveris, chairman and chief executive officer of Dow, added that “The headquarters location of the Agriculture company being announced as Wilmington, with global business centers in Indiana and Iowa is consistent with the intended headquarters of the Material Science company, to be named Dow, being headquartered in Midland, Michigan, but having global business centers in other U.S. and global locations.”

Delaware Governor Jack Markell said in a release that this announcement is a win for Delaware. “DuPont and Dow made this decision because they recognized that Delaware, with its top quality workforce, access to major cities, and proximity to key global markets, is the ideal location for the headquarters of the globalized, 21st century business that they intend to create,” said Gov. Markell.

Indiana Governor Mike Pence likewise said in a release issued by the Indiana Economic Development Corp (IEDC) that “I’m grateful for the confidence that Dow and DuPont have placed in our people and for the collaboration with city officials that made this exciting announcement possible.”

Indianapolis Mayor Joe Hogsett added that “I am grateful that the merger includes a continued, sustained presence in Indianapolis, and am optimistic about the further growth of DowDuPont in our community.”

State of Indiana and City of Indianapolis officials negotiated with the two companies’ leadership teams over the past several weeks, along with support from Indiana’s congressional delegation.

Tim Hassinger, president and CEO of Dow AgroSciences, noted that “We were impressed by the commitment put forth by the city and state and their focus on maintaining a hub of innovation in Indianapolis… We thank the local, state and federal officials for their efforts in working through this process.”

Indianapolis, Indiana Reviewing Carrier and UTEC Economic Development Incentive Contracts

Following the sudden relocation to Mexico of manufacturing operations and more than 2,100 Indiana jobs by Carrier Corp. and United Technologies, Governor Mike Pence has issued instructions to the Indiana Economic Development Corporation (IEDC) to review all incentive contracts offered by the state to the two companies.

Indy Task Force Carrier Corp Relocation

Indy Task Force Carrier Corp Relocation (photo –

A taskforce established by Indianapolis Mayor Joe Hogsett is doing the same for all of Carrier’s current and previous federal, state and city of Indianapolis economic development incentive contracts.

United Technologies Electronic Controls (UTEC), a global manufacturer of microprocessor-based HVAC controls, announced last week that it will be relocating its Huntington, IN manufacturing operations over an estimated two-year period to Monterey, Mexico. This relocation will result in the layoff of approximately 700 UTEC jobs in Huntington.

Alex Housten, managing director, UTEC, said in a statement that “We are aware of the effect on our employees and the community, making this a difficult decision. But after a thorough evaluation of our manufacturing operations, we determined the relocation is the best way for us to remain competitive, meet the needs of our customers and protect the business for the long-term.”

UTEC’s headquarters, engineering and product marketing organizations will remain in the Huntington area.

Carrier Corp. likewise said it will relocate its manufacturing operations in Indianapolis to Mexico, resulting in the loss of 1,400 existing Carrier jobs for Indiana. U.S. Senator for Indiana Joe Donnelly said in a release that he spoke with Chris Nelson, president of HVAC systems and services for North America at Carrier Corporation.

Sen. Donnelly asked Nelson to identify specific federal regulations that prompted Carrier’s announcement. Unable to cite a single federal regulation, Nelson identified the efficiency of lower production and labor costs in Mexico as the primary benefit from the move.

Both Carrier Corp. and UTEC are a part of Hartford, CT-based United Technologies Corporation (NYSE:UTX), which generated more than $6 billion in earnings last year, and is ranked by Forbes as the 45th-largest corporation in the United States.

Indianapolis Mayor Joe Hogsett has issued an executive order directing Deputy Mayor of Economic Development Angela Smith-Jones and Deputy Mayor of Community Development Jeffrey Bennett to establish and co-chair the “Carrier Task Force” to explore, evaluate and provide recommendations that will address and ameliorate the harmful impacts of the Carrier relocation.

Among other things, this task force will also identify and investigate any and all previous or current federal, state or Indianapolis economic development incentives provided to Carrier.

Carrier Corp’s 2013 contract with IEDC was for up to $200,000 in training grants based on the company’s job creation plans. A majority ($197,815.76) of that contract has been awarded.

UTEC has two contracts with IEDC. In 2010, the IEDC offered the company up to $182,500 in training grants and has since awarded the full amount to the company. The IEDC will now seek to recapture this grant amount if the layoffs affect the job commitments that were a part of the 2010 contract.

In 2015, the IEDC entered into another contract offering up to $300,000 in training grants based on the company’s plans to create new jobs. Following the news of the relocation of UTEC’s Huntington manufacturing operations to Mexico, the IEDC has now de-obligated United Technologies from this $300,000 contract.

The Indiana Department of Workforce Development (DWD) has also started offering Rapid Response services to impacted workers.

Governor Pence said in a statement that “From the moment our administration learned of this announcement, our Department of Workforce Development reached out to employees of both companies to offer job-seeking, training and education resources.”

DWD Commissioner Steve Braun added that “In tandem with job creators and local communities, the state is working to ensure quality employment for those affected as quickly as possible.”

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