Automotive component maker Windsor Machine Group will invest more than $4 million to establish a manufacturing facility
in southwest Indiana, eventually creating as many as 130 jobs, the Indiana Economic Development Corp. announced early Wednesday.
The Canadian company will lease an existing 25,000 square-foot building in Princeton. It plans to begin hiring immediately; production is expected to begin in the first quarter of 2010.
Windsor will make headrests for vehicles built at the Toyota plant in Princeton. Workers at the new facility also will fulfill contracts with automakers General Motors and Ford. The company also makes exhaust suspension systems and structural brackets, among other components.
"We have made the commitment to Gibson County and we are moving forward outfitting the building we are leasing from Gibson County Warehousing Incorporated," Chief Financial Officer David Zultek said in a prepared statement.
The IEDC offered Windsor up to $275,000 in performance-based tax credits and $39,000 in training grants based on the company's job creation plans. Gibson County will provide additional property tax abatement at the request of the Gibson County Economic Development Corporation.
Windsor's decision comes just two months after glass manufacturer Schott North America, announced it would invest more than $7.2 million to expand its Vincennes manufacturing operations, creating 150 new jobs.