Connect With Us

Inside INdiana Business
Subscribe Now Log In
  • Home
  • News
    • Education
    • Health
    • Tech
    • STEM
    • Advanced Manufacturing & Logistics
    • Life Sciences
    • Ag INnovation
    • INPower
  • Videos
  • Big Wigs
    • Submit Big Wigs
  • Events
    • Engage Southwest Indiana – Evansville
    • Engage Northwest Indiana – Valparaiso
    • Engage Greater Lafayette – West Lafayette
    • Engage West Central Indiana – Terre Haute
    • Engage South Bend – Elkhart
    • Engage Northeast Indiana – Fort Wayne
    • Engage Central Indiana – Indianapolis
  • Newsletters
  • Podcasts
  • On-Air
    • TV & Radio Listings
  • Contact
    • About IIB
    • Meet the Team
    • Contact Us
    • Advertise
    • Gift Cards
    • Flagship Stations
    • Gerry’s Message
    • Speaking Engagement Request

Connect With Us

Manufacturer Details Muncie Expansion

Wednesday, May 29, 2019 09:00 AM EDT
By Alex Brown
Manufacturer Details Muncie Expansion (photo courtesy of Magna Powertrain)

Michigan-based Magna Powertrain of America has announced plans to expand its operations in Muncie. The Muncie-Delaware County Economic Development Alliance says the automotive parts and systems supplier will invest $9.3 million to add new equipment to its 200,000-square-foot MPT Muncie facility and create 50 full-time jobs.

The company says the addition of the new equipment will support increased business. The installation of the equipment is expected to be complete by April 2020.

The Delaware County Council has approved a 10-year tax abatement for the project at the request of the EDA.

"Magna has been a proud member of the community since 2006," said Stephen Brand, general manager of MPT Muncie. "The project approved by the Council today is evidence of our commitment to the community and our employees. By planning to create 50 new jobs and invest $9.3 million in personal property, Magna will grow and further solidify its presence in the community."

The company currently employs more than 460 at the MPT Muncie facility. The new jobs are expected to come with an average wage above the county average for manufacturing.

Story Continues Below

Most Popular Stories

  • Ivy Tech plans $60M in capital projects for Fort Wayne campus

  • Navigating Indiana’s policy landscape: A personal perspective on Dentons LegCon

  • Why the NCAA president is proposing some schools should be permitted to pay athletes

  • Commercial air service slated to return to Purdue Airport

  • Palmer Trucks relocates, expands Fremont dealership

  • Indiana judge rules in favor of Senate candidate seeking GOP nomination

Perspectives

Navigating Indiana’s policy landscape: A personal perspective on Dentons LegCon

Navigating Indiana’s policy landscape: A personal perspective on Dentons LegCon

In the hustle and bustle of our professional lives, we often find ourselves engrossed in the intricacies of our trades. However, amidst our daily routines, there exists a unique opportunity to broaden our horizons and delve into the critical issues facing the state of Indiana. ...

Inside INdiana Business

Inside INdiana Business
A division of IBJ Media

1 Monument Circle, Suite 300
Indianapolis, IN 46204

PHONE: (317) 634-6200

FAX: (317) 263-5060

NEWSLETTER@IIBNEWS.COM

  • Home
  • News
  • Videos
  • Gerry Dick
  • Newsletters
  • On-Air
  • Contact

Copyright © 2023 All Rights Reserved Privacy Policy | Terms of Service