Trailer Manufacturer Expanding to Grant County

Posted: Updated:
Stealth Trailers expects to begin production at the facility on October 1. Stealth Trailers expects to begin production at the facility on October 1.
MARION -

Bristol-based Stealth Trailers has announced plans to add a second Indiana location. Financial details were not disclosed, however the Indiana Economic Development Corp. says the new facility in Marion will create up to 115 jobs by 2020.

The cargo trailer manufacturer has already begun installing equipment inside the 48,000-square-foot Grant County facility. The company says the new location will house trailer manufacturing operations, including trailer welding, assembly, and final finishing. 

Stealth Trailers, which currently employs 175 in Bristol, expects to launch operations at the Marion facility by October 1.

"We are pleased that Stealth Trailers has chosen Marion to expand their operation," said Marion Mayor Jess Alumbaugh. "This partnership will not only assist Stealth Trailers in increasing their productivity and growth, but it provides employment opportunities for those here in Marion and Grant County looking for a new career in manufacturing."

The company is currently hiring for a variety of positions at the new location, including production supervisors, welders, office staff and general laborers. You can find more information on the jobs by clicking here.

The IEDC has offered Stealth Trailers parent, Stealth Enterprises LLC, up to $600,000 in conditional tax credits and up to $70,000 in training grants. Northeast Indiana Works will also be providing additional hiring and training assistance.

  • Perspectives

    • Tax Planning: Now’s the Time to Tackle It!

      Year-end is still months away, but smart investors have already begun their tax planning. Spending time analyzing your capital-gain situation could benefit you come next April 15th, no matter what investment vehicles you use - individual securities, mutual funds, exchange traded funds, or others. Here's how…

    More

Subscribe

Name:
Company Name:
Email:
Confirm Email:
HTML
INside Edge
Morning Briefing
BigWigs & New Gigs
Life Sciences Indiana
Indiana Connections
INPower
Subscribe
Unsubscribe

Events



  • Most Popular Stories

    • Ambrose Amps up Ambition For Old GM Stamping Site

      An Indianapolis-based developer has greatly expanded its original investment plans for the city's former GM Stamping Plant site. Ambrose Property Group's vision now includes projects totaling nearly $1.4 billion, more than doubling the $550 million scope detailed last year. During a community event Friday, the company and Mayor Joe Hogsett announced the name of the more than 100-acre, downtown district: Waterside. Plans now call for...

    • Indy Hotels Among Top in Midwest

      Three Indianapolis hotels are among Condé Nast Traveler's Top 25 Hotels in the Midwest. The rankings include two hotels that have made the list three years in a row and one making its debut. The JW Marriott Indianapolis ranks third on this year's list, followed by The Conrad, which is eighth and Ironworks Hotels appearing on the list for the first time at number 17. You can see the full rankings by...

    • Indy Airport Scores Top Honor Again

      Indianapolis International Airport has again been named Best Airport in the United States by a global leisure publication. The Condé Nast Traveler recognition is the fifth straight for IND. The Best Airport designation is part of Traveler's annual Readers Choice Awards, which is built on feedback from more than 100,000 comments and millions of ratings. In addition to airports, favorites were tallied for hotels, resorts and destinations.

    • NTN Driveshaft Proposing $90M Expansion

      NTN Driveshaft Inc. in Columbus is planning a $90 million expansion. In a tax abatement request with the Bartholomew County city, the automotive component supplier said the investment will lead to 74 new jobs and help retain a current full-time workforce of nearly 1,600. NTN Driveshaft is one of the largest employers in Columbus and last year, it opened a more than $140 million facility in Anderson. It launched operations in Bartholomew County in 1989 and says...

    • Daniels Envisions Purdue, Region as 'Cooler Place'

      Purdue University President Mitch Daniels says a more than $1 billion live, work, play development on the West Lafayette campus will be a magnet for attracting and keeping top talent in the region. The Discovery Park District is part of a 30-year vision to transform the west side of the Purdue campus and create a "preeminent environment" for educational, economic, cultural and community activities in the region.