A Chinese steel wheel manufacturer is planning to expand its operations in Plymouth. Jingu North America Corp. says it will invest more than $31 million to install new manufacturing equipment at its facility and create 80 jobs.
The Plymouth City Council has approved a 10-year tax abatement for the project. The company says it will install automated robotic equipment to produce steel wheels for cars and light trucks. The new jobs are expected to come with an average hourly wage of about $21.
“This large capital investment by Jingu North America Corporation to onshore their manufacturing and bring 80 high paying positions to Plymouth is great news while many are still struggling with the economic effects of the pandemic,” said Plymouth Mayor Mark Senter. “I am happy and appreciate the council members approving the ten-year tax abatement for Jingu North America Corporation and welcome this new corporate citizen to the community.”
The council says Jingu will be located within the same facility as Indiana Wheel Co., a startup that has been manufacturing steel wheels at the Plymouth location for the RV industry for 18 months. The new manufacturing line for Jingu will be a separate, non-competing business.
“Marshall County Economic Development Corporation is excited about the additional high tech jobs that this investment will be bringing to the county,” said Jerry Chavez, president of Marshall County Economic Development Corp. “The fact that this operation and investment comes from abroad allows Marshall County to market the area and showcase that we are experienced in reshoring opportunities.”