Manufacturer Adding Jay County Jobs

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A clutch assembly manufacturer is expanding in east central Indiana. FCC (Indiana) LLC has announced plans to invest more than $15 million to grow its Portland operations and add nearly 60 jobs by 2016.

April 8, 2015

News Release

Portland, Ind. -- FCC (Indiana), LLC, an automatic transmission clutch manufacturer, announced plans today to expand its operations here, creating up to 57 new jobs by 2016.

"Indiana is continuing to prove that it is the best place in the country to do business," said Eric Doden, president of the Indiana Economic Development Corporation. "I know that FCC (Indiana) will find the skilled workforce and the pro-growth business environment that it is seeking in Indiana, giving it the resources to thrive in our state."

The company, which sells to Honda, Fiat Chrysler Auto and ZF Group, will invest $15.48 million to add 76,000 square feet to its existing 300,000 square-foot production space on its 63-acre campus in Portland. The new addition, which is expected to start construction this spring, will house three new 800 ton press lines and sanding lines for the production of transmission parts.

The company, which employs 758 people in Portland, plans to begin hiring manufacturing, production and assembly associates this year. Interested applicants can apply by visiting the Portland WorkOne office.

"FCC (Indiana) is pleased to announce plans to expand its Portland facility," said Satoshi Nakaya, president of FCC (Indiana). "The expansion is being developed to bring capacity up to customer demands and for potential new business."

Founded in 1988 as a subsidiary of FCC Co. Ltd., FCC (Indiana) produces automatic transmission clutch assemblies and components and torque converter lock-up clutch assemblies for the automotive industry. With 21 plants located throughout 10 countries, the company serves Honda Transmission Manufacturing of America, Honda Mfg. of Alabama, Honda of America Mfg., Inc., Honda Precision Parts of Georgia and Honda de Mexico.

The Indiana Economic Development Corporation offered FCC (Indiana), LLC up to $300,000 in conditional tax credits 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. The city of Portland will consider additional tax abatement at the request of the Jay County Development Corporation.

"FCC Indiana has been a great industry partner for the city of Portland for many years," said Portland Mayor Randy Geesaman. "The management team and 758 hardworking associates that work there are an extension of the many community projects and events that FCC has been a part of. We are very excited to announce the continued growth of FCC and their investment in our community. We anticipate the groundbreaking and construction to begin very soon."

About FCC Indiana

FCC (Indiana), LLC in-house manufacturing capabilities include press blanking, press stamping / forming, electron beam welding, milling, machining, broaching, double disk grinding, clutch plate sanding and assembly. All FCC associates are extensively trained in the operation and function of process equipment and gauges. FCC (Indiana) has also integrated robotics into manufacturing cells in order to improve efficiency, quality and operation safety.

FCC (Indiana), LLC in-house testing capabilities include the following test machinery: SAE #2 Friction Test Machine, Clutch Pack Endurance Test Machine, Hydraulic Pressurization Test Machine, Vibration Test Machine, Torsional Fatigue Test Machine and LVFA (Low Velocity Friction Apparatus)Test Machine. FCC's broad range of test equipment provide the ability to support in-house clutch testing, verification and development of new products.

About IEDC

The Indiana Economic Development Corporation (IEDC) leads the state of Indiana’s economic development efforts, focusing on helping companies grow in and locate to the state. Governed by a 12-member board chaired by Governor Mike Pence, the IEDC manages many initiatives, including performance-based tax credits, workforce training grants, public infrastructure assistance and talent attraction and retention efforts. For more information about the IEDC, visit www.iedc.in.gov.

Source: Indiana Economic Development Corp.