Jayco Planning Major Idaho Expansion

Posted: Updated:
Jayco is now a subsidiary of Thor Industries. Jayco is now a subsidiary of Thor Industries.
MIDDLEBURY -

Middlebury-based Jayco Inc. is expanding operations at its Twin Falls, Idaho campus. Financial details were not disclosed, however a spokesperson for the recreational vehicle manufacturer tells Inside INdiana Business the project is expected to create more than 500 jobs.

Jayco will construct a 230,000-square-foot manufacturing facility which will house two production lines. The company says the facility will be one of its largest in the country. Chief Operating Officer Matt Thompson says the company looked at several states when planning its western expansion.

"We concluded that capitalizing on the benefits offered in Twin Falls out-weighed benefits outside the state of Idaho," Thompson said in a news release.

Jayco says the facility is expected to be complete by the spring of 2018. The company currently employs 245 workers at the Idaho campus.

The announcement comes less than two months after Jayco revealed plans to expand its Middlebury operations with a new "mega-facility," which will create 300 jobs. In January, the company also announced expansion plans in Middlebury which would create an additional 300 jobs.

Last week, Jayco parent Thor Industries Inc. (NYSE: THO) said the inclusion of Jayco contributed to its jump in full-year net income.

  • Perspectives

    • Wojtowicz founded Indianapolis-based Cambridge Capital Management Corp. in 1983.

      Fixed, Long-Term Interest Rates Protects Against Rate Hikes

      A Hoosier small-business owner recently told his banker that, “Interest rates are as low as they ever will be” in the foreseeable future, and he wanted to get a loan with a “friendly” rate. The Fed made that official recently when it indicated  another quarter-percent rate hike will likely occur in December.  Most pundits expect there to be  three more rate hikes in 2019. Small-business owners are under pressure to act if they are considering...

    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

    • $25M Behavioral Hospital Coming to Central Indiana

      Danville-based Hendricks Regional Health is partnering with US HealthVest to develop a stand-alone behavioral center on the Hendricks campus in Plainfield. Known as the Indianapolis Behavioral Hospital, the facility will provide specialized inpatient and outpatient mental health care to patients of all ages.

    • Rolls-Royce in Indy Selected For $100M Contract

      The U.S. Department of Defense has awarded a contract worth up to $100 million to Rolls-Royce Corp. in Indianapolis. The contract is related to Phase I of the Advanced Turbine Technologies for Affordable Mission-Capability program for the U.S. Air Force.

    • WOWO Names 'Morning News' Host

      The program and news director of WOWO radio in Fort Wayne has been named host of the station's morning show. Kayla Blakeslee will lead Fort Wayne's Morning News, succeeding longtime host Charly Butcher, who passed away in August. Blakeslee has served has the station's program director for the past two years, and previously served as news director and afternoon anchor. She led the station's "Penny Pitch" campaign in 2017, which earned a Service to America award from...

    • USA Gymnastics Interim CEO Resigns

      Just four days after being appointed interim president and chief executive officer of Indianapolis-based USA Gymnastics, Mary Bono has resigned. In a statement released Tuesday, Bono said her decision "comes in the wake of personal attacks that, left undefended, would have made my leading USAG a liability for the organization." Bono, a former congresswoman and principal at Faegre Baker Daniels Consulting in Washington D.C., drew criticism for a...

    • Wesemann Hall at the Valparaiso University Law School (photo courtesy Tony V. Martin/The Times of Northwest Indiana)

      Valpo School of Law Transfer Denied

      A proposal to transfer Valparaiso University's law school to another university has been shot down. The Tennessee Higher Education Commission has denied the transfer to Middle Tennessee State University, which would have led to the creation of a College of Law at the school.