Apr 10, 2018 | Jackson County News & Info
For the 3rd straight year, Seymour, Indiana has been ranked among the top micropolitans in the United States for economic strength, and in 2018 has been ranked in the TOP 25!
Each year, POLICOM Corporation ranks all Metropolitan and Micropolitan areas for “economic strength” which is the long-term tendency for an area to grow in both size and quality. Twenty-three economic factors are taken into consideration over a 20-year period to gauge improvement and current ranking.
As of January 1, 2018, there were 550 Micropolitan Statistical Areas in the United States, and Seymour is ranked 21st in the country according to the new rankings compiled in January.
A micropolitan area must have a city of at least 10,000 people but less than 50,000. Seymour-Jackson County continues to retain and draw industries to the area establishing a strong economy. A strong economy promotes a flourishing quality of life for all citizens.
Mar 15, 2018 | Jackson County News & Info
Jackson County REMC will use a $74 million loan from the U.S. Dept. of Agriculture to finance a project to provide high-speed broadband service to its customers.
The project, announced in June 2017, involves installing fiber optics line on existing utility poles and then to the homes of its 20,000+ customers. The work has a $59,331,071 price tag.
The remainder of the USDA Rural Development electric loan, announced Tuesday, will be used to build 60 miles of electrical line, improve 10 miles of existing electrical line and make other system improvements, said Matt Persinger, the utility’s technology manager.
Construction of the smart grid project, operating as Jackson Connect, started in October 2017 and won’t be completed for about 5 years.
Find the full article at The Tribune.
Feb 7, 2018 | Jackson County News & Info
CROTHERSVILLE, Ind. (Feb. 7, 2018) – Aisin Drivetrain (ADI), a Japan-owned manufacturer of automotive and heavy equipment parts, announced plans today to expand its operations in Jackson County, creating up to 47 new jobs by the end of 2018.
“Global companies like Aisin Drivetrain continue to find success in Indiana, and they provide good jobs for Hoosiers,” Governor Eric J. Holcomb said. “We’ll continue sharing our economic success story and ensuring businesses like Aisin Drivetrain have access to our skilled workforce and pro-growth business environment.”
The company, which is a subsidiary of Kariya, Japan-headquartered Aisin Seiki Co., will invest more than $16 million to expand its manufacturing operations at 1001 Industrial Way in Crothersville. ADI, which manufactures automotive components and systems such as industrial transmissions, commercial transmissions and power steering columns, will renovate and purchase new equipment in order to accommodate design changes for steering columns and other automotive components being incorporated by its customers. The company will supply parts for vehicles such as the Toyota Avalon and Lexus ES, and plans to begin work on upgrades later this month.
“Aisin Drivetrain is proud to be a major contributor to the local Crothersville community, including Jackson County and Scott County, Indiana,” said Scott Shade, executive vice president and company officer for ADI. “ADI maintains a diverse, equal opportunity working environment to facilitate professional growth. ADI strives to provide a stable working environment for its employees and their families. Crothersville is an ideal site to support Aisin’s company operations with its easy access to Interstate 65 and its close proximity to major cities. This allows ADI to work closely with its customers. Hoosiers work hard; ADI works hard in A State That Works!”
ADI employs more than 382 full-time Hoosier employees at its Crothersville facility with plans to complete hiring for manufacturing positions in August. New positions are expected to offer competitive wages. Interested applicants can apply by mailing resumes to the Crothersville facility or completing an application in person.
Since 2008, ADI has invested nearly $80 million into its Indiana operations. Aisin Seiki, which is part of the Toyota Group, designs and manufactures automotive and industrial parts as well as lifestyle and energy products. The company is one of the top ten global automotive suppliers, producing a variety of parts including transmission, brake, engine and IT units. Aisin employs more than 115,400 people across the world, including approximately 3,934 in Indiana. Including ADI, Aisin has 10 companies in Indiana, including Aisin USA Manufacturing in Seymour, Aisin Chemical Indiana in Crothersville, ATTC Mfg. in Tell City, ADVICS in Terre Haute, Aisin Logistics in Franklin, and INTAT Precision in Rushville.
The Indiana Economic Development Corporation offered AISIN Drivetrain Inc up to $425,000 in conditional tax credits based on the company’s job creation plans. These incentives are performance-based, meaning until Hoosiers are hired, the company is not eligible to claim incentives. The town of Crothersville will consider additional incentives at the request of the Jackson County Industrial Development Corporation.
“Any growth in our industry is good for the community,” said Crothersville Town Council President Danieta Foster. “We are pleased with this news and look forward to continuing to support, in any way we can, our industrial community.”
ADI is one of more than 280 Japanese business establishments in Indiana that employ more than 58,000 Hoosiers. Among all U.S. states, Indiana has the largest amount of Japanese investment per capita. Last year, 40 foreign-based companies committed to locating or growing in Indiana, planning to create 5,607 new jobs for Hoosiers.
About AISIN Drivetrain
ADI is a manufacturer of a wide range of products for customers in the automotive and heavy equipment industries including, Toyota, Lexus, FCA and Nissan. The company’s products include industrial transmissions, commercial transmissions and power steering columns.
Media Contacts:
Scott Shade (AISIN Drivetrain, Inc.) – 812.793.2427 or sshade@aisindrive.com
Abby Gras (IEDC) – 317.232.8845 or agras@iedc.in.gov
Dec 13, 2017 | Jackson County News & Info
Manufacturer, engineering firm plan to add jobs
A longtime Jackson County employer is planning a major investment in 2018 that has the potential to create nearly 250 new jobs. And a small local engineering company is expanding its injection molding business resulting in the need for two additional workers.
Valeo North America and C&T Engineering both received approval from the Seymour City Council on requests for tax abatements for their projects.
Jim Plump, executive director of Jackson County Industrial Development Corporation, spoke on behalf of both companies.
Plump said Valeo plans to spend $38.4 million to purchase new manufacturing equipment to support its business growth. The business has been producing automotive lighting systems in Seymour since 1978 and has developed several lighting innovations for the industry used by automakers worldwide. It’s estimated the investment will begin in January 2018 and be completed by the end of 2018, allowing the company to retain its current workforce of 1,578 and potentially hire an estimated 245 more. Those jobs will increase the city’s income tax base by $14.8 million.
C&T Engineering will spend $300,000 to purchase new injection molding equipment over the next year. The company, established in 1986, offers customers services including plastic injection molding, tooling, design engineering and production. C&T currently has 10 employees and expects to hire two new people as a result of the investment. The project is expected to be completed by the end of 2018.
Nov 20, 2017 | Jackson County News & Info
On May 9th, 2017, the Jackson County REMC’s Board of Directors unanimously made the progressive decision to provide high-speed broadband services over a fiber optic connection to all of its members in rural Jackson County, Indiana.
The first shipment of fiber arrived on October 13, and construction began on October 30.
Follow the progress on Facebook at Jackson Connect, LLC.
