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Auto supplier plans to add 100 jobs in Logansport

IBJ Staff
November 8, 2011
Keywords
Economic Development, Economic Development Agencies, Economic Development Incentives, Factories, Government & Economic Development, Indiana Economic Development Corp., Job Creation, Manufacturers, Manufacturing & Technology, Tax Abatements
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Federal-Mogul Corp., a manufacturer of fuel systems, announced Tuesday morning that it plans to add 100 jobs in Logansport next year as part of a $2.7 million expansion.

The Southfield, Mich.-based company said the investment will go toward purchasing new machinery and equipment for its 170,000-square-foot manufacturing plant and adjacent 15,000-square-foot technical center.

Federal-Mogul will begin hiring for assembly and manufacturing jobs early next year. The company currently has 300 employees in Indiana.

The Indiana Economic Development Corp. said it will provide Federal-Mogul up to $450,000 in performance-based tax credits and up to $76,400 in training grants based on the company’s job-creation plans. The city of Logansport has approved additional property-tax abatements.

Founded in 1899, the company originally sold mill supplies and rubber goods. With 45,000 employees in 35 states, Federal-Mogul annually sells $6.2 billion in fuel systems for the automotive, commercial, aerospace and agricultural industries.

 

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