Grote Industries Plans $20.7 Million Expansion At Its Madison, Indiana, Manufacturing Campus
11/21/2014
The Madison, Indiana-based company will invest $20.7 million by the end of 2018 to renovate and equip its 370,000 square-foot facility, accommodating new growth associated with its LED vehicle lighting business. In addition to installing new advanced manufacturing workcells in August, the company is also upgrading existing capabilities to support a more lean production environment.
“As a place to do business and call home for our company, Indiana continues to demonstrate its commitment to the growth, well-being and success of our business,” said Dominic Grote, President/CEO of Grote. “So when we made the decision to make this level of investment for our future, we felt there was no better place than Madison. We have a phenomenal workforce and are doing everything we can to ensure our team and our products are innovative and competitive in the global market. Our investment and the support from the Indiana Economic Development Corporation will help us achieve both of these objectives.”
Located in Indiana since 1960, Grote produces vehicle safety systems for original equipment manufacturers and the vehicle aftermarket, with its lighting equipment sold on semi-tractors and trailers, passenger cars, buses, industrial vehicles, recreational vehicles and agricultural machinery. Grote, which currently has 1,288 employees globally, including 424 full-time Indiana associates, has already begun hiring for new positions in Madison.
As an incentive Indiana Economic Development Corporation offered Grote Industries up to $100,000 in training grants based on the company's job creation plans. These incentives are performance-based, meaning until Hoosiers are hired, the company is not eligible to claim incentives. The city of Madison supports the project at the request of the Jefferson County Industrial Development Corporation.
“Grote’s success started in southern Indiana with innovative manufacturing techniques and the hard work of a Hoosier,” said Victor Smith, Indiana Secretary of Commerce. “Lighting systems in our cars and other places find their origins in Indiana, with growth made possible in a business environment rooted in limiting expenses and maximizing opportunity.”
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