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Subaru continues Lafayette factory plans with far fewer jobs

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Subaru is moving ahead with its plans for spending more than $400 million to expand and upgrade its Lafayette factory while significantly scaling back the expectations for new jobs.

The company is asking Lafayette officials for a 10-year property tax abatement that includes $353 million in manufacturing equipment and $68 million in real estate improvements.

Subaru is now projecting it will add 50 full-time jobs, the Journal & Courier reported. That's down from the 900 new jobs expected when Subaru announced the project last May.

The scale-back follows Toyota's decision in November to stop building cars at the Lafayette plant. Subaru officials said they didn't expect layoffs from among the factory's 3,600 workers.

Subaru plans to start building the Impreza small car at the factory in 2016.

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  • Try it
    Read above - May announcement of jobs. November announcement of Toyota stopping a previous agreement. Despite Toyota pulling out, Subaru is still adding jobs. Maybe you expect everyone to predict the future 6 months in advance and only announce the 50 jobs?
  • I'm shocked!
    Yet another highly touted "investment" in Hoosier jobs that didn't pan out...great job Gov. Pence! Keep eroding our tax base by cutting corporate taxes, the jobs are sure to follow...

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    1. The east side does have potential...and I have always thought Washington Scare should become an outlet mall. Anyone remember how popular Eastgate was? Well, Indy has no outlet malls, we have to go to Edinburgh for the deep discounts and I don't understand why. Jim is right. We need a few good eastsiders interested in actually making some noise and trying to change the commerce, culture and stereotypes of the East side. Irvington is very progressive and making great strides, why can't the far east side ride on their coat tails to make some changes?

    2. Boston.com has an article from 2010 where they talk about how Interactions moved to Massachusetts in the year prior. http://www.boston.com/business/technology/innoeco/2010/07/interactions_banks_63_million.html The article includes a link back to that Inside Indiana Business press release I linked to earlier, snarkily noting, "Guess this 2006 plan to create 200-plus new jobs in Indiana didn't exactly work out."

    3. I live on the east side and I have read all your comments. a local paper just did an article on Washington square mall with just as many comments and concerns. I am not sure if they are still around, but there was an east side coalition with good intentions to do good things on the east side. And there is a facebook post that called my eastside indy with many old members of the eastside who voice concerns about the east side of the city. We need to come together and not just complain and moan, but come up with actual concrete solutions, because what Dal said is very very true- the eastside could be a goldmine in the right hands. But if anyone is going damn, and change things, it is us eastside residents

    4. Please go back re-read your economics text book and the fine print on the February 2014 CBO report. A minimum wage increase has never resulted in a net job loss...

    5. The GOP at the Statehouse is more interested in PR to keep their majority, than using it to get anything good actually done. The State continues its downward spiral.

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