FORT WAYNE, Ind. (AP) - A German auto parts company is planning a $23 million expansion of its Fort Wayne factory that it says will create about 120 new jobs.
ElringKlinger makes automotive cylinder and head gaskets, components for lithium-ion batteries and fuel cells. The company plans to add $20.6 million in manufacturing, logistics and information technology equipment to its Fort Wayne plant.
Fort Wayne's city council will consider a holding company plans Tuesday to spend nearly $2.5 million to complete a building ElringKlinger will lease for its expansion. That building is expected to be completed in July.
In exchange, Fort Wayne would provide tax abatements to save the holding company $422,000 and ElringKlinger $1.48 million over 10 years.
ElringKlinger also has plants in Fremont, California, and Buford, Georgia.
(Copyright 2018 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
- German auto parts maker plans expansion, 120 new hires
- Recreational vehicle maker plans another Indiana expansion
- Auto parts maker to invest nearly $5.5M at Indiana facility
- German auto parts company to expand in Fort Wayne
- IU Health planning Fort Wayne expansion
- Manchester University announces expansion
- Indiana governor plans auto-focused trade trip to Italy
- Fort Wayne Animal Care & Control planning remodel and expansion
- FWA getting ready for expansion
- Dupont Hospital to unveil expansion