Inteva Products Expands Operations in Bluffton, Indiana
The Troy, Michigan-based company, which offers innovative products that enhance vehicle quality, safety and performance, will bring an investment of more than $42 million to establish operations in Northeast Indiana, leasing, renovating and equipping a 260,000-square-foot facility at 1805 West Lancaster St. in Bluffton.
The investment will support the manufacturing and assembly of the company’s interior systems. Inteva expects the new facility to be fully operational by summer 2021. The company will begin hiring this summer for positions in production, finance, human resources, engineering and quality.
"We are very excited for the city of Bluffton and Wells County to land this project," said John Sampson, president and CEO of the Northeast Indiana Regional Partnership. "This is a great example of how our region has worked together to fulfill Inteva Products' mission and make this important commitment for jobs and capital investment in our region. This is yet another story that illustrates how collaboration works, and works well, in Northeast Indiana."
“Inteva Products’ decision to fuel its growth in Indiana is a testament to the state’s pro-growth business climate, strong automotive sector, and skilled and diverse workforce,” said Indiana Secretary of Commerce Jim Schellinger. “We’re excited to welcome Inteva Products to the Hoosier state, and are grateful for the company’s commitment to invest in the community.”
"We are pleased that we are able to bring our production to Indiana," said Lon Offenbacher, CEO and president of Inteva Products. "Inteva Products was founded in the Midwest and we are proud to expand our manufacturing footprint there to better serve our customers. We are grateful to the Indiana Economic Development Corporation for its support."
Founded in 2008, Inteva, a tier one automotive supplier, designs, manufactures and assembles closure systems, interior systems, and motors and electronics. The company is committed to developing new materials, innovative solutions and process technologies to propel value-based solutions for its more than 100 customers worldwide, which include several of the largest global automotive manufacturers. Additionally, Inteva delivers advanced development capabilities such as in-house design, rapid prototyping, testing resources and R&D.
“The city of Bluffton is pleased to have Inteva Products opening a facility in our community and creating new jobs,” said Bluffton Mayor John Whicker. “Having a global automotive supplier locate to Northeast Indiana is a testament to our region’s commitment to attracting new businesses and creating additional partnerships. I would like to thank the Northeast Regional Partnership for their assistance in this project.”
The city of Bluffton, Bluffton Redevelopment Commission and Wells County will consider additional incentives at the request of Wells County Economic Development. The Indiana Economic Development Corporation (IEDC) offered Inteva Products up to $2.375 million in conditional tax credits and up to $250,000 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.
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