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Aerospace company plans central Indiana factory expansion

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An aerospace company is planning to expand its factory in suburban Indianapolis and add about 40 employees.

L&E Engineering Co. officials say the company will spend $3.7 million to expand its Greenwood factory and buy new equipment for the plant where it makes tubes and brackets for use in airplane, gas turbine and industrial engines.

Plant manager Jeff Derrer told the Daily Journal that its tube manufacturing is increasing to keep up with rising demand from the aerospace industry. The factory now has about 50 workers.

Construction on the expansion is expected to start this summer and finish in mid-2014, with all the new equipment being installed over the next few years.

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  • associate trainee
    I have been in training for a short time now but right off I can see that safety and quality are the number one issues, my experience as of late has been a positive one, the employees along with Jeff the plant manager and the operation supervisor as well as the engineers are a highly motivated group of people, what an asset for the area to have and for company's in need of a quality metal products.
  • Billboards
    Might be that companies don't want to locate behind all the Greenwood flashing billboards. Carmel get that.
  • Greenwood Jobs
    Finally, some new business expansion in Greenwood. I thought we would never get past the decade of Henderson. Hopefully this is just the start for the new mayor. Got a lot of catch up to do. Too much business valued infrastructure (good roads, low traffic, affordable house, descent schools) sitting idle in this town.

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