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

    • Richardson is a senior manager with Centric Consulting.

      Marketing and Sales Alignment – Easier Than You Think

      There was a time, and perhaps you’re still living in it, where marketing is expected to drive sales leads, conversations, magically help close deals, and all sorts of expectations a marketing team can never meet. This period exists because there is a misalignment in those expectations of what marketing should do and what sales should do. I like to start with the basics. Is your company providing a product or service? Is it easy to sell? Is it cheap? Do your customers buy once?

    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

    • 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. 

    • 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.

    • Manufacturer to Close in Muncie

      Illinois-based JD Norman Industries is planning to close its facility in Muncie. In a notice to the state, the company says the decision will result in the layoffs of 130 employees. JD Norman did not provide a reason for the closure.

    • Mega-Merger Involves Fort Wayne Operation

      A defense industry contractor with a significant presence in Fort Wayne has announced a merger agreement. Florida-based Harris Corp. (NYSE: HRS) and L3 Technologies Inc. (NYSE: LLL) in New York say the combination will create the sixth-largest defense company in the country. In early-2015, Harris completed the $4.75 billion acquisition of Exelis, a long-time manufacturer of military radio technology in Fort Wayne. Shortly after the acquisition, Harris consolidated...

    • Ambrose: White River to be Centerpiece of $1.4B Project

      The Indianapolis-based developer of the city's former GM Stamping Plant site says it's excited about the $1.4 billion downtown district sitting next to a "major natural asset." Ambrose Property Group Senior Vice President Andrew Greenwood says the Waterside development will embrace the White River, which he believes "historically the city and the state have kind of turned their back on." He says the river will provide recreational opportunities at Waterside...