Faurecia Emissions Control Technologies Plans $61 Million Expansion At Its Columbus, Indiana, Manufacturing Complex
The company will equip an approximately 400,000-square-foot manufacturing facility adjacent to the company’s existing Research and Development Center. The company will allocate another $11.8 million to lease the state-of-the-art building, which will be used to produce a new line of emission control systems for the automotive sector. Set on 36 acres of land purchased from Columbus Board of Aviation, Faurecia expects to break ground on the new facility later this year.
“Faurecia is a proud member of the Columbus community and we’re pleased to expand our already significant presence in the area with this new facility and new opportunities for local jobseekers,” said Dave DeGraaf, President of FECT. “While we considered several other communities for this new operation, our decision to continue to grow in Columbus is a direct result of both the quality of the skilled workforce here and the important considerations we’ve received from the state and city governments.”
The FECT Business Group is the global market leader for light and commercial vehicles, offering advanced solutions for emissions control as well as acoustic treatment, weight reduction and exhaust heat recovery. The company, which currently employs 1,635 Hoosiers between its manufacturing and R&D Center operations in Columbus, plans to begin hiring for a variety of engineering and production positions in 2017.
As an incentive, Indiana Economic Development Corporation offered Faurecia Emission Control Technologies up to $1,500,000 in conditional tax credits based on the company’s job creation plans. These tax credits are performance-based, which means until Hoosiers are hired, the company is not eligible to claim incentives. In addition, the IEDC will provide the city of Columbus with up to $250,000 in infrastructure assistance from the state’s Industrial Development Grant Fund. The city of Columbus approved additional incentives at the request of the Columbus Economic Development Board.
“Indiana’s robust manufacturing sector is one of the key drivers of our economy,” said Governor Mike Pence. “To help this sector succeed in our state, we’ve worked hard to build a business-friendly environment, which includes the best workforce a company can have. Faurecia’s decision to expand here in Indiana confirms the value our state offers businesses and reinforces the Hoosier State’s status as an automotive manufacturing leader.”
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