Schlage Lock Company Expands Indianapolis, Indiana, Operations
Headquartered in Dublin, Allegion plans to invest nearly $13 million to enhance its manufacturing and engineering capabilities in the state through capital investments, as well as expand its IT and innovation expertise here. The company already employs approximately 1,300 people in central Indiana with more than 11,000 team members across North America, Europe and Asia Pacific.
“Allegion has a strong history in Indiana, with one of our key global safety solutions, the Von Duprin exit device, being manufactured here for well over 100 years,” said Luis Orbegoso, senior vice president and president of Allegion Americas. “Since becoming a standalone company, we’ve also been proud to call Indiana the home of our Americas regional headquarters, and we added to our presence with the opening of our Hague Road Technical Center in 2019. Now, we look forward to the next chapter of innovating and creating in Indiana to support our global vision of seamless access and a safer world.”
Pending approval by the Indiana Economic Development Corporation (IEDC) board of directors, the IEDC will commit an investment in Allegion of up to $7.5 million in the form of incentive-based tax credits and $100,000 in conditional training grants, based on the company’s job creation plans. These tax credits are performance-based, meaning the company is eligible to claim incentives once Hoosiers are hired. The city of Indianapolis supports the project in partnership with Develop Indy.
“Allegion is a prime example of how companies continue to innovate and set a new technology standard within an established industry, like the lock and security field,” said Indiana Secretary of Commerce Brad Chambers. “The energy this growth brings to central Indiana will help reaffirm Indiana’s strong reputation as a great state for high-growth innovation and the best workforce in America.”
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