March 15, 2018

German-Based Auto Parts Maker To Build Factory In Fort Wayne

FORT WAYNE, Ind. (AP) — A German-based auto parts supplier plans to build a factory in northeastern Indiana that's expected to create up to 150 new jobs.

ElringKlinger announced Thursday that its 60,000-square-foot factory planned for Fort Wayne will produce aluminum shielding systems for acoustic and thermal protection in passenger cars and commercial vehicles.

That plant will be the company's first in Indiana and is expected to create up to 150 new jobs by 2022. ElringKlinger plans to begin production there in September.

The Indiana Economic Development Corporation offered ElringKlinger up to $1 million in conditional tax credits and up to $200,000 in training grants based on the company's job creation plans.

Those incentives are performance-based and ElringKlinger won't be eligible to claim them until it begins hiring Indiana residents.

Support independent journalism today. You rely on WFYI to stay informed, and we depend on you to make our work possible. Donate to power our nonprofit reporting today. Give now.

 

Related News

Indiana's labor force rate is at its lowest in more than two years
Nikki Haley's strong primary performance in Indiana likely has little effect on general election
Report: Older women face more financial burdens, social isolation than men