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ITT Investing $10 Million for Indiana Avionics Facility, 220 New Jobs Planned

ITT Corporation, a global high-tech engineering and manufacturing company, will invest more than $10 million to locate a new defense avionics repair and testing facility in Crane, Indiana, according to the Indiana governor's office. At least 220 new jobs are planned with the project. The New Jersey-headquartered company says it will add a 15,000-square-foot electronics repair and evaluation hub at the Crane Naval Surface War Center, a Department of Defense weapons research and development center. "We're pleased to be involved in a strategic initiative that will leverage the combined skills of ITT's defense-related businesses, Navy, and local work force," says Chris Bernhardt, president of ITT Electronic Systems. "Locating in Indiana was a strategic decision because our strong relationship with the nearby Naval Surface Warfare Center presents partnership opportunities for equipment maintenance, training, and developing new technologies for our armed forces." Hiring is expected to begin in April. ITT has been offered up to $1.33 million in performance-based tax credits and up to $175,000 in training grants contingent on job creation.

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