Aisin Drivetrain Inc., a local manufacturer of automotive and heavy equipment parts, has announced it will expand its operations in Crothersville and add up to 47 new jobs by the end of the year.
ADI officials were at the Crothersville Town Council meeting last night to announce the $16 million expansion at its manufacturing operations in the local industrial park south of town.
The local company, which manufactures automotive components and systems such as industrial and commercial transmissions and power steering columns, currently employees 360 workers at the local facility.
The expansion in manufacturing equipment will allow the company to supply parts for vehicles such as the Toyota Avalon and Lexus ES. Work on the plant upgrades is expected to begin later this month.
Jim Plump, executive director of Jackson County Industrial Development Corporation, said that since 2008, ADI has invested nearly $50 million into its operations.
“Any growth in our industry is good for the community,” said Crothersville Town Council President Danieta Foster.
“We are pleased with this news and look forward to continuing to support, in any way we can, our industrial community.”
In addition to a $7 million requested local tax abatement for phase 1 of the project, the Indiana Economic Development Corporation has offered ADI up to $425,000 in tax credits based on the company’s job creation plans.
“These incentives are performance-based, meaning until Hoosiers are hired, the company is not eligible to claim incentives,” said Plump.
