Shiloh Die Cast Midwest LLC plans to expand two of its plants in northeast Indiana, leading to 145 new jobs by 2018, the company announced Monday night.
The subsidiary of Valley City, Ohio-based Shiloh Industries Inc. said it will spend $7.8 million to renovate and equip a 120,000 square-foot plant in Auburn and a 106,000 square-foot facility in Pierceton. Auburn is about 140 miles from Indianapolis; Pierceton is about 110 miles away.
The renovations should be completed by 2016.
Shiloh Industries employs more than 2,000 people nationally, with 86 associates in Auburn and 107 in Pierceton. The company plans to begin hiring for both facilities this year.
The Indiana Economic Development Corp. offered Shiloh up to $1,000,000 in conditional tax credits and up to $100,000 in training grants based on the company's job-creation plans. The city of Auburn will consider additional incentives. The town of Pierceton approved additional tax abatement.
Founded in 1950, Shiloh designs, engineers and manufactures lightweighting, noise and vibration solutions for the automotive, commercial vehicle and other industrial markets.