Manufacturer plans major expansion, 131 new jobs

  • Comments
  • Print
Listen to this story

Subscriber Benefit

As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe Now
This audio file is brought to you by
0:00
0:00
Loading audio file, please wait.
  • 0.25
  • 0.50
  • 0.75
  • 1.00
  • 1.25
  • 1.50
  • 1.75
  • 2.00

The world’s largest manufacturer of automobile emission-control systems plans to expand its North American headquarters in Columbus, adding 131 workers by the end of 2017, the company announced Wednesday.

Faurecia Emission Control Technologies USA LLC, or FETC, said it plans to spend $61 million to equip a new 400,000-square-foot manufacturing facility adjacent to the company’s existing research and development center in Columbus.

The planned $30 million building would be built on a 36-acre site purchased from the Columbus Board of Aviation for about $1 million. A developer will construct and own the building, which FECT will lease for $11.8 million, it said.

The company plans to produce a new line of emission-control systems for the automotive sector at the facility. Construction is expected to begin this year.

FETC has 1,635 existing workers at manufacturing and R&D operations in Columbus. It plans to begin hiring for the new engineering and production positions in 2017.

The Indiana Economic Development Corp. offered FETC up to $1.5 million in conditional tax credits based on the job-creation plans. The IEDC also will provide Columbus with up to $250,000 in infrastructure funds from the state’s Industrial Development Grant Fund.

The city of Columbus approved additional incentives at the request of the Columbus Economic Development Board.

FETC is a division of Nanterre, France-based Faurecia, the world’s sixth-largest automotive supplier. The parent company had sales of $25 billion in 2014 and has more than 100,000 employees at 330 sites in 34 countries.
 

Please enable JavaScript to view this content.

Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our comment policy that will govern how comments are moderated.

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In