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Subaru of Indiana Automotive to invest $158 million in Lafayette, Indiana, Plant Operations

Subaru of Indiana Automotive to invest $158 million in Lafayette, Indiana, Plant Operations

Specifications:

Name:

Subaru of Indiana Automotive to invest $158 million in Lafayette, Indiana, Plant Operations

Location:

Indiana

Company:

Estimated Cost:

Source:

Introduction:

Subaru of Indiana Automotive, a subsidiary of Tokyo, Japan-based Subaru Corporation, plans to invest $158 million and diversify its manufacturing operations in Lafayette, Indiana. To support its growth, the company plans to create up to 350 new jobs by the end of 2023.

Features:
News comes just over two years after SIA announced plans to invest $140 million in its 4.7 million-square-foot plant to support production of the three-row, crossover Subaru Ascent, adding up to 200 new jobs. Now, the company is investing in its 820-acre campus again, with plans to construct a new service parts facility and expand its plant to add a transmission assembly shop. Since 1986, SIA has invested more than $2.2 billion in its Indiana operations, increasing its annual production to 410,000 vehicles.

The company, which is Subaru Corporation’s only U.S. assembly plant, employs more than 6,000 associates to support production and meet consumer demand for the Subaru Legacy, Impreza, Outback and Ascent models in Indiana.

This investment will create new opportunities and new beginnings.

Specifications:
 

Company Name Subaru of Indiana Automotive
Location Indiana,US
Type Expansion
Estimated Cost $158 million

 

Source: areadevelopment.com