Indiana Marujun 'Actively' Seeking Buyer

Posted: Updated:
IML has three shifts with full-time and temporary workers at the 450,000 square-foot east central Indiana plant. IML has three shifts with full-time and temporary workers at the 450,000 square-foot east central Indiana plant.
WINCHESTER -

A Winchester-based Honda supplier planning to close its doors is putting up the "for sale" sign. In a notice to the state, Indiana Marujun LLC says it plans to cease operations by next November, but is "actively looking for a buyer." The company says the closure will affect more than 730 workers.

IML has a long list of clients, including Honda Manufacturing of Indiana LLC in Greensburg, Honda of America Manufacturing, Honda of Alabama, Marysville Auto Plant, East Liberty Auto Plant, International Parts Supply and Honda de Mexico.

Indiana Marujun located to the Randolph County city more than 15 years ago and is the only U.S. location of Japan-based parent MARUJUN Co. Ltd.

In a statement last month, the company said "our greatest concern is for our associates and their families. We will do all we can to provide help and support to our associates through this transition."

IML workers produce steering hanger beams, hand brakes, hood locks, fuel lids, fuel filler pipes and body parts.

The company says the first round of workers are expected to lose their jobs in January.

  • Perspectives

    • We’re Having the Wrong Conversations About Safety

      Every time there’s a shooting at a school or a workplace, the arguments begin. We need more police officers stationed in the buildings. We need to arm teachers or encourage employees to carry handguns. We should invest in smokescreen systems or bulletproof partitions. Everyone should hide from the shooter. Everyone should run from the shooter. Everyone should confront the shooter. It’s healthy that we’re discussing safety, but unfortunately, we’re talking...

    More

Events



  • Most Popular Stories

    • Forbes Ranks Top Colleges; 3 Indiana Schools Make the Cut

      Forbes released its 12th annual ranking of America’s Top Colleges based on direct benefits a university or college provides its students. Several Indiana universities made the list in some “sub-categories”, like Grateful Graduates Index, but the University of Notre Dame was the only school in the state to break the top 20 overall rankings.

    • Butler Unveils New Building for Lacy School

      The president of Butler University says the new building for the Lacy School of Business will create better engagement for students and faculty. The university unveiled the building Wednesday on the Indianapolis campus. James Danko says the new facility adds five times the classroom space and square footage for the school, which previously didn't have enough space for half of its classes. In an interview with Inside INdiana Business Reporter Mary-Rachel Redman, Danko called...

    • West Lafayette Center Breaks Ground

      West Lafayette city officials this week broke ground on the $31.5 million West Lafayette Wellness and Aquatic Center at Cumberland Park. Plans for the 72,000-square-foot project feature a natatorium, three gymnasiums, exercise machines, free weights and community rooms. 

    • Photo courtesy of Portillo's

      Portillo's to Open Fort Wayne Location

      Portillo's Restaurant has announced it will open a new 7,800-square-foot restaurant in Fort Wayne. The location will be near the Glenbrook Square Mall and is slated to open in late 2019. 

    • Opportunity Zones: Changing the Course of Real Estate Investment

      The economic divide in large cities continues to expand. Despite a financial resurgence following the 2007-2009 recession, the system wasn’t fixing itself. Enter Qualified Opportunity Zones (QOZ), a program included in the Tax Cuts and Jobs Act of 2017 designed to boost development in economically distressed communities. In exchange for new investments in these communities, investors receive preferential tax treatment. As traditional as it sounds, the QOZ program is...