Apr 3, 2017 | Uncategorized
Cummins Inc. has plans to spend $2.28 million this year in capital expenses as part of its ongoing growth and expansion of the Seymour Engine Plant and Technical Center on Fourth St. in Seymour.
Seymour City Council approved 2 tax abatements for the company, allowing Cummins to phase in paying taxes on the investment incrementally over the next 10 years.
The first abatement is for $1.09 million in real estate improvements for changes to office, production and test cell areas in the technical center. The second is for $1.19 million for new manufacturing equipment for assembly, painting and production.
Work on the project is expected to begin in mid-May and wrap up by the end of the year.
The company currently employs 639 people.
Since 2010, Cummins has invested a total of $281.34 million in its Seymour facilities.
Council President Jim Rebber said he appreciated Cummins being in Seymour and what the company has been able to do for the city.
Plant manager Darren Wildman said Cummins also is thankful for the city’s support.
“It’s been a good working relationship and we want it to continue,” Wildman said.
Source: The Tribune, 4/6/17
Jul 1, 2016 | Jackson County News & Info, Uncategorized
15.6 Acres for Industrial Development.
Located in Crothersville Industrial Park – Crothersville, IN
Less then .5 mile to Interstate 65. LIRC Railroad run adjacent to industrial park.
Asking price of $25,000 per acre.
Apr 14, 2016 | Jackson County News & Info, Uncategorized
Three companies will spend millions of dollars to improve their local operations.
Cummins Inc., Seymour Tubing and Rose Acre Farms received 10-year tax abatement from Seymour City Council on Monday for projects totaling $11.13 million.
Rose Acre Farms will build a new corporate headquarters in Seymour to move its office from the Cortland area in Hamilton Township to Seymour. The egg producer will spend $5 million to construct a 27,000 square foot office building on the west side of Seymour. Construction is expected to begin in May and be completed by the end of the year.
Cummins Inc.’s $5.46 million investment for 2016 includes real property improvements and manufacturing equipment and is part of the engine maker’s ongoing $250 million expansion of the Seymour Engine Plant and Seymour Technical Center that began in 2010. That work is expected to be completed by the end of the year.
Seymour Tubing will spend $665,000 to purchase new manufacturing equipment for its plant in the East Side Industrial Park. The equipment will allow for increased capacity for existing customers and new business. Installation of the new equipment is expected to begin this summer and be completed by year end.
Jan 14, 2016 | Jackson County News & Info, Uncategorized
JCIDC Executive Director Jim Plump visited with Aisin officials in Detroit at the North American International Auto Show (NAIAS) in Detroit on January 12th to hear Aisin Group President Yasumori Ihara discuss the company’s products and technologies that they are pursuing in its R&D efforts, on the themes of “Environment and Fuel Efficiency,” “Security and Safety,” and “Comfort and Convenience”. On display were a number of Aisin transmissions (some produced at ADI in Crothersville), plus the company showed video clips of a demonstration vehicle equipped with the group’s automatic driving and parking technology that links the intelligent parking assist system for rear parking and parallel parking, the driver monitor system, and the car navigation system.
“The Aisin Group has grown into a comprehensive auto parts manufacturer with many specialized companies under a management philosophy of autonomy and independence that
allows each company to manage business in its field of expertise on its own,” said Ihara during a press conference at the COBO Center. “Aisin Group designs, develops and produces one of the broadest product lineups in the industry, and is fortunate to count many global auto manufacturers among its customer base, including most of the OEMs you see here at the Detroit motor show. In 2012, Aisin AW developed the world’s first Front Wheel Drive 8-speed automatic transmission. Today, Aisin Group has grown into the world’s largest automatic transmission manufacturer. And, we are proud to exhibit our drivetrain products for the first time here at NAIAS.”
Posing with a number of Aisin transmissions on display at NAIAS in Detroit are, from left, Shawn Deppen, Vice President-Production for AWA; ADI President Scott Turpin; Aisin Group President Yasumori Ihara; Jim Plump, executive director of JCIDC; AWA President and CEO Masayasu (Mike) Saito; and Toshio (Tony) Tanaka, President of Aisin Mexicana.
