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Japanese auto parts maker adding 50 jobs in Franklin

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A Japanese auto parts maker plans to establish its North American headquarters in Franklin, moving some of its operations from Illinois and adding 50 jobs over the next three years.

KYB Manufacturing North America Inc. expects to invest $6.4 million to add warehouse and distribution facilities to its existing 51-acre campus in Johnson County. The company makes shocks and struts for automakers and after-market uses.

The size of its current local work force was not immediately available.

Indiana Economic Development Corp. offered KYB Manufacturing as much as $300,000 in performance-based tax credits and up to $90,000 in training grants based on its job-creation plans.

Up to $50,000 from the state's Industrial Development Grant Fund will be made available to the city of Franklin for off-site infrastructure improvements. City officials also will ask the Franklin Redevelopment Commission to create a tax increment financing district that includes the property.

A subsidiary of Tokyo-based KYB Corp., the company plans to begin hiring manufacturing, warehouse and administrative associates this year. Next month, the central Indiana operation will be renamed KYB Americas Corp.

 

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  1. In reality, Lilly is maintaining profit by cutting costs such as Indiana/US citizen IT workers by a significant amount with their Tata Indian consulting connection, increasing Indian H1B's at Lillys Indiana locations significantly and offshoring to India high paying Indiana jobs to cut costs and increase profit at the expense of U.S. workers.

  2. I think perhaps there is legal precedence here in that the laws were intended for family farms, not pig processing plants on a huge scale. There has to be a way to squash this judges judgment and overrule her dumb judgement. Perhaps she should be required to live in one of those neighbors houses for a month next to the farm to see how she likes it. She is there to protect the people, not the corporations.

  3. http://www.omafra.gov.on.ca/english/engineer/facts/03-111.htm Corporate farms are not farms, they are indeed factories on a huge scale. The amount of waste and unhealthy smells are environmentally unsafe. If they want to do this, they should be forced to buy a boundary around their farm at a premium price to the homeowners and landowners that have to eat, sleep, and live in a cesspool of pig smells. Imagine living in a house that smells like a restroom all the time. Does the state really believe they should take the side of these corporate farms and not protect Indiana citizens. Perhaps justifiable they should force all the management of the farms to live on the farm itself and not live probably far away from there. Would be interesting to investigate the housing locations of those working at and managing the corporate farms.

  4. downtown in the same area as O'malia's. 350 E New York. Not sure that another one could survive. I agree a Target is needed d'town. Downtown Philly even had a 3 story Kmart for its downtown residents.

  5. Indy-area residents... most of you have no idea how AMAZING Aurelio's is. South of Chicago was a cool pizza place... but it pales in comparison to the heavenly thin crust Aurelio's pizza. Their deep dish is pretty good too. My waistline is expanding just thinking about this!

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