Vehicle Parts Supplier, Tenneco, Invests $18.5 Million On Northeast Indiana Plant Expansion
11/30/2012
The company will invest $18.5 million to lease and equip its 50,000 square-foot Ligonier facility to house robotic welding machinery to produce emission control parts, including; mufflers, catalytic converters and emission systems for customers like Chrysler and Ford. Tenneco plans to begin hiring engineering support, hand welders, material handlers and support personnel in January.
"Tenneco is excited to bring new business to northeast Indiana which will result in the addition of more than 100 jobs at our Ligonier facility," said Doug Bonecutter, plant manager at Tenneco's Ligonier facility. "We thank the state of Indiana, Noble County and the city of Ligonier for their support, which led directly to our winning the new business. We appreciate doing business in Indiana, with its business friendly policies and the state's desire to work with employers."
"Indiana's record breaking year continues. This announcement is tribute to the skill of Hoosier workers and the pro-growth business climate we've worked hard to create since day one," said Governor Mitch Daniels.
As an incentive, Indiana Economic Development Corporation offered Tenneco Automotive Operating Company, Inc., up to $600,000 in conditional tax credits and up to $68,000 in training grants based on the company's job creation plans. These tax credits are performance-based, meaning until Hoosiers are hired, the company is not eligible to claim incentives. In addition, the city of Ligonier approved incentives at the request of the Noble County Economic Development Corporation.
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