Valparaiso Named Finalist for Automotive Plant

Posted: Updated:
VALPARAISO -

A Chicago-area based automotive supplier is considering Valparaiso for a new multi-million dollar plant. Our partners at The Times Northwest Indiana report UGN is planning to build the $30 million auto parts factory in Valparaiso or Ohio.

UGN already employs 330 workers at its Valparaiso plant, and 280 in Monroe, Ohio. 

The auto parts supplier would need to add 150,000 square feet to its Valparaiso plant to accommodate the new venture where workers will produce acoustic products for vehicles and interior trim components. The new plant will offer 111 new jobs and about $6 million in annual payroll. 

UGN plans to announce their decision by the end of March, with construction set to begin in November to start production for 2019 model year vehicles. 

  • Perspectives

    • The Race for a Winning Credit Score

      It’s May in Indy and the sound of revving racecar engines signals good times to come. But try to keep your spending under the yellow flag. Overspending on credit cards during the festivities could turn that May engine roar into a dreaded credit score “dent” come June. That’s not a great way to kick off summer. Here’s what to watch out for so your credit score will be a winner! FICO Credit-Scoring System The FICO (Fair Isaac Corporation) is the most...
    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

    • (photo courtesy Parkview Health)

      Hoosier Hospitals Among 'Best Places to Work in Healthcare'

      Seven Indiana hospitals are featured on Modern Healthcare’s list of Best Places to Work in Healthcare. The publication says honorees on the list were selected for their ability to “stand out in their efforts to create an empowered and satisfied workforce.” 

    • Indiana Rail Operator to be Acquired

      The owner of several Hoosier short-line railroads will soon be under new ownership. Illinois-based Pioneer Railcorp has announced an agreement to be acquired by BRX Transportation Holdings LLC.

    • (rendering courtesy PTS Diagnostics)

      New Headquarters to Open in Whitestown

      Medical device manufacturer PTS Diagnostics will today open its new global headquarters in Whitestown to all Indianapolis-area employees. The 135,000-square-foot facility will feature expanded manufacturing and office space to accommodate a majority of the company's current 240 employees as well as several open positions.

    • Photo courtesy of the Ball State University Alumni Association

      Ball State Alumni Association President Dies

      The executive director, president and chief executive officer of the Ball State University Alumni Association has died. Ed Shipley spent 34 years working for the university, 31 of which were with the Alumni Association.

    • Developer Invests in Indy Internet Provider

      Indianapolis-based real estate developer Milhaus has announced a $5 million investment with a high-speed Internet service provider in Indy. Milhaus says the capital investment with Xiber LLC will have a specific focus on sales, customer support and executive leadership. Tadd Miller, chief executive officer of Milhaus, says the investment is the latest step in a more than three-year-old relationship between the two entities.  Miller says his company had been looking for a...