Posted by Heidi Schwartz
Fisher Dynamics, a division of Fisher & Co., will establish its first Indiana operation in Evansville, creating up to 169 new jobs by 2017. The St. Clair Shores, MI-headquartered company, which supplies engineered seating systems and mechanisms, will invest $13 million to lease, renovate and equip an existing manufacturing facility. The company anticipates operations to begin May 2015, allowing Fisher to expand its manufacturing and assembling production for front row seat structures.
“In Indiana, we know what it takes to help companies like Fisher Dynamics succeed,” said Gov. Mike Pence. “From our pro-business environment to our hard-working Hoosier workforce, Indiana’s economy is on the move and our reputation continues to resonate across the nation and world as a state that works.”
“Fisher Dynamics is excited to announce the addition of a manufacturing plant in Evansville, IN,” said John Hrit, vice president of global operations of Fisher Dynamics. “The location of Evansville allows us to service our central U.S. customers. We look forward to working with the community of Evansville. The city has provided great support in the search for our new location.”
The Indiana Economic Development Corporation offered Fisher & Company up to $1,250,000 in conditional tax credits and up to $100,000 in training grants based on the company’s job creation plans. The city of Evansville will consider additional tax incentives as the request of the Growth Alliance for Greater Evansville.
“Fisher Dynamics considered several sites before selecting Evansville as the best place to make a multi-million investment to grow the company for future success,” said Evansville Mayor Lloyd Winnecke. “The company will be hiring more than 160 employees over the next two years, with an economic impact of nearly $22 million a year. These are good paying jobs offering good benefits that will boost our economy and help the Tri-State region thrive.”
