An auto parts supplier is planning a $20 million project to expand and buy new equipment for a southern Indiana factory.
The Japanese company that owns Seymour Tubing Inc. says in documents submitted to the city that the project will help retain the factory's current 460 jobs and is expected to add about 20 positions. The Tribune of Seymour reports that company officials say the project will improve the factory's productivity.
Construction work on improvements including new warehouse space could begin next month and be completed by May. The company also is buying new manufacturing equipment for the factory in the city midway between Indianapolis and Louisville, Ky.
Seymour Tubing makes carbon and stainless steel tubing components primarily used for auto parts such as shock absorbers.