Subaru Showcasing Newest Indiana-Made Model

Posted: Updated:
(Image of 2019 Subaru Ascent courtesy of Subaru of America Inc.) (Image of 2019 Subaru Ascent courtesy of Subaru of America Inc.)
LOS ANGELES -

Subaru's Lafayette-built Ascent has made its debut at the Los Angeles Auto Show. The sport utility vehicle is the company's largest ever and its production has led to expansion at Subaru of Indiana Automotive Inc., which is slated to host its own unveiling of the 2019 model Friday.

The plant, which is the only North American producer of Subarus, has experienced major growth over the last four-plus years. The facility opened in 1989 and last December, pumped out its five-millionth vehicle. Last year also marked the completion of $1.3 billion in investment that has led to some 2,000 jobs. SIA's growth has also sparked activity at suppliers located in Indiana, including Fukai Toyotetsu Indiana Corp., which is planning to add more than 100 jobs in Jamestown.

Subaru Sales this year have continued to climb each month and year-to-date last month, were up more than 6 percent, compared to the first 10 months of 2016. The Ascent adds to the SIA production portfolio, which also includes Legacy, Outback and Impreza models.

  • Perspectives

    • The Importance of Strategic Planning

      How many years have you put work-life balance on your list of New Year's resolutions? Every day, I see so many business owners struggle with the same issues: working 60+ hours each week, not being able to remember the last time they had a vacation, and simply feeling like it's up to them to do it all in their business. After working with countless business owners to identify and overcome their challenges, I've realized the most common root cause is a lack of strategic planning.

    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

    • Electric Works Lands State Incentives

      The first phase of a major redevelopment project in downtown Fort Wayne will receive state assistance. The Indiana Economic Development Corp. has awarded a conditional tax credit for Electric Works, a mixed-use innovation district located at the former GE campus. The incentive is part of the IEDC's Industrial Recovery Tax Credit program, used to boost investment in the redevelopment of former industrial facilities. Developers are projecting an initial investment of more than...

    • Well-Known Real Estate Firm Expanding to Fort Wayne

      Texas-based Keller Williams Realty Inc. has announced plans to open its first office in downtown Fort Wayne. Financial details of the real estate company's investment in the location were not immediately disclosed, however the expansion will bring at least 35 jobs to the Allen County city.

    • Nestl√© Planning $80M Anderson Expansion

      Nestlé USA has unveiled plans to invest nearly $80 million into its Anderson operations. Our partners at The Herald Bulletin report the company will purchase new equipment for the facility and add 30 jobs.

    • Construction to Begin on $15M Fieldhouse

      City and development officials will break ground Friday on a $15 million sports complex in Noblesville. Finch Creek Park Fieldhouse will include five courts with hard surfaces, two turf-surfaced fields and 11 batting and pitching cages. The project, which was first unveiled a year ago, is a public-private partnership between Klipsch-Card Athletic Facilities LLC and the city. The company is also owner/operator of the fieldhouse at Grand Park in Westfield.

    • Kroger Hires Eric Halvorson

      A former longtime Indianapolis television anchor and reporter has been hired by The Kroger Co. (NYSE: KR). Eric Halvorson, who left WISH-TV last year after 33 years, will serve as public affairs manager and media spokesman for the company's Central Division. He succeeds John Elliott, who will become the chief executive officer of Gleaners Food Bank in Indianapolis later this year.