Manufacturer Announces $16M Crothersville Investment

Posted: Updated:
(Image courtesy of Aisin Drivetrain Inc.) (Image courtesy of Aisin Drivetrain Inc.)
CROTHERSVILLE -

An auto and heavy equipment component manufacturer plans to invest $16 million into its Jackson County operations. AISIN Drivetrain Inc. intends to create nearly 50 jobs this year.

ADI Executive Vice President Scott Shade calls Crothersville "an ideal site" for the company." He adds the area has "easy access to Interstate 65 and its close proximity to major cities. This allows ADI to work closely with its customers." The company is a supplier for manufacturing of Toyota Avalon and Lexus ES models, which are built in Georgetown, Kentucky.

ADI produces industrial and commercial transmissions and power steering columns. The investment will cover renovations and new equipment related to design changes from its customers. More than 380 workers are currently located at the plant in the Crothersville Industrial Park and its parent employs a total of almost 4,000 Hoosiers. The new manufacturing positions are expected to be hired on by August. In addition to ADI and Aisin Chemical in Crothersville, Japan-based parent company Aisin Seiki has units operating in Indiana in communities including Seymour, Tell City, Terre Haute, Franklin and Rushville. ADI has invested close to $80 million into Indiana operations over the last decade.

ADI has been offered up to $425,000 in conditional tax credits from the Indiana Economic Development Corp.

  • Perspectives

    • Truck Driver Supply Impacting Cargo Hauling Demand

      The U.S. unemployment rate has moved down to 3.9 percent, which is its lowest level since December 2000, according to the U.S. Bureau of Labor Statistics. Great news! Maybe not. There are business sectors that need employees due to constraints in the labor market - namely truck drivers. The level of employment in the truck transportation industry is essentially unchanged since mid-2015, according to the bureau. And the impact is being felt.

    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

    • Triple XXX Root Beer Appears in Prime Time

      A soft drink that carries the name of an iconic West Lafayette restaurant has been featured on a national television series. In a message on the Triple XXX Family Restaurant's Instagram page, co-owner Carrie Ehresman said the recent appearance of Triple XXX Root Beer on NBC's "Chicago Fire" was not product placement. She said the show's producers reached out through the restaurant's website and "we weren't sure we'd make the final cut until it aired!"

    • Mark Sandy became Ball State's director of intercollegiate athletics in 2015.

      Ball State to Introduce Next AD

      Ball State University Monday will name a new director of intercollegiate athletics. Mark Sandy, who has served in the position for more than three years, announced his retirement in January. During Sandy's tenure, eight teams won Mid-American Conference league championships or division titles. Three new facilities projects have been completed during his time in Muncie...

    • Winnings Announced For 2017 Indy 500

      Takuma Sato has been awarded $2.46 million for taking the checkered flag Sunday in the 101st running of the Indianapolis 500. Sato, the first-ever Japanese winner of the race, held off three-time winner Helio Castroneves in the final laps to close out the victory in the sixth-closest finish in Indy 500 history. The total purse was nearly $13.2 million.

    • On-Air

      Find out when and where you can watch and listen to our reports.

    • The facility also features a computer training lab, a bistro and Bosma's retail store.

      Bosma Launches Salesforce Training Program

      Indianapolis-based Bosma Enterprises has launched a program to train people who are blind or visually impaired to be Salesforce administrators. The organization says BosmaForce involves an 18-week online course available throughout the United States. Bosma Enterprises Chief Executive Officer Lou Moneymaker says people who are blind of visually impaired face a 70 percent national unemployment rate, and the BosmaForce program aims to create pathways to high-paying, in-demand careers.