Security-products company Allegion PLC said Thursday morning that it plans to expand its Indianapolis manufacturing operations, creating up to 158 jobs by 2020.
The company, which has its North American headquarters in Carmel, said it will invest more than $13 million over the next five years to bolster its local manufacturing and R&D capabilities.
Most of the growth will be at a company’s plant on the east side, which will add 125 jobs in manufacturing, assembly and management. Allegion plans to add another 33 jobs in R&D at a facility on the northeast side.
“There’s no question that Indiana has a talented workforce with quality, skilled and professional workers who can help Allegion drive innovation and create leading solutions in the global safety and security industry,” Tim Eckersley, Allegion senior vice president and president of the Americas, said in a statement.
Allegion has been on a growth spree since its parent company, Ireland-based Ingersoll Rand, spun it off as an independent, publicly traded company in 2013. Allegion—which sells security products for entryways under such brands as Von Duprin, Schlage and CISA—has more than 1,200 local employees and more than 8,000 workers worldwide.
The Indiana Economic Development Corp. said in a press release that it will consider performance-based incentives in recognition of the company’s job-creation plans. The city of Indianapolis also will consider incentives.