Faurecia Clean Mobility Creating More Than 100 Indiana Jobs

The automotive manufacturer will invest over $4M in a new facility in Fort Wayne with help from tax credits and training grants from the state.


https://businessfacilities.com/2017/03/faurecia-clean-mobility-creating-more-than-100-indiana-jobs/
The automotive manufacturer will invest over $4M in a new facility in Fort Wayne with help from tax credits and training grants from the state.
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Faurecia Clean Mobility Creating More Than 100 Indiana Jobs

The automotive manufacturer will invest over $4M in a new facility in Fort Wayne with help from tax credits and training grants from the state.

Faurecia Clean Mobility Creating More Than 100 Indiana Jobs

Faurecia Clean Mobility (FCM), a global manufacturer of automotive emissions control systems, will locate a new facility in Fort Wayne, IN, creating up to 144 new jobs by 2018. The Columbus, IN-based company will initially invest more than $4 million to establish and equip the new 137,500-square-foot production facility in Allen County.

Faurecia is proud to expand on our already significant presence in the state with this new facility and to provide new opportunities for local jobseekers,” said Dave DeGraaf, president of FCM in North America. “We’ve had great success growing our business in Indiana due in large part to our ability to attract a highly motivated and skilled workforce and we are looking forward to continuing that progress with this new site.”

Fort Wayne
An artist’s rendering of Faurecia Clean Mobility’s planned facility in Fort Wayne, IN. (Image: Vintage Archonics)

FCM is the global market leader for light and commercial vehicles, offering advanced solutions for emissions control as well as acoustic treatment, weight reduction and exhaust heat recovery. FCM recognizes the importance of meeting environmental standards and has responded to the public’s growing concerns with a comprehensive product portfolio, including Catalytic converters, emissions control systems, mufflers, manifolds and complete exhaust systems.

The Indiana Economic Development Corporation (IEDC) offered Faurecia Emissions Control Technologies USA, LLC up to $825,000 in conditional tax credits and up to $125,000 in training grants based on the company’s job creation plans. These incentives are performance-based, so until employees are hired, the company is not eligible to claim incentives. The city of Fort Wayne will consider additional incentives at the request of the Greater Fort Wayne Inc.

“Just like Faurecia, Indiana is a global leader in automotive manufacturing,” said Jim Schellinger, Indiana Secretary of Commerce. “As Faurecia expands here in Indiana, they’re leveraging the competitive advantage gained when a business operates in the state with the nation’s highest concentration of manufacturing jobs. Hoosiers have a long legacy in all stages of the automotive industry, and as Indiana continues to advance innovation in manufacturing and build one of the nation’s top environments for doing business, that legacy will grow and create more quality jobs for Hoosiers across our state.”

“The City of Fort Wayne continues to be a leader in attracting private business investments and jobs to our community,” said Mayor Tom Henry. “I’m encouraged that the Fort Wayne Redevelopment Commission was able to partner with HBC Realty Corp. and The Hagerman Group to help facilitate Faurecia’s new jobs and investment in Fort Wayne.”

Indiana is home to five automotive original equipment manufacturers and more than 500 automotive suppliers like Faurecia. According to the U.S. Department of Commerce, Indiana’s manufacturing industry contributed nearly $100 billion to Indiana’s GDP in 2015, an increase of more than $6 million from 2014. One in five Indiana residents work in manufacturing, making the state home to the nation’s highest concentration of manufacturing employment.

Relocating or Expanding Your Business In Indiana

Considering Indiana for your company’s relocation or expansion project? Check out Business Facilities’ Indiana Incentives and Workforce Development Guide.

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