4/23/2012 12:15:00 PM Auto maker taps Terre Haute plant for $22 million expansion
TERRE HAUTE — An auto parts maker is planning a $22 million expansion of a western Indiana factory.
Officials of ThyssenKrupp Presta announced today that the company expected to add three new assembly lines at its Terre Haute factory in the Vigo County Industrial Park and potentially add 120 workers in the coming year. The company says construction is scheduled to start this month and be completed by October.
The company attributes its expansion to increased demand for the steering systems it makes at the factory, including new contracts with major auto companies.
The factory now has about 200 full-time workers. The company is a subsidiary of Germany-based ThyssenKrupp.
The company in January went before the Vigo County Redevelopment Commission with proposed plans for a 60-foot by 425-foot expansion on the west side of its plant and a 125-foot by 240-foot expansion on the north side of the plant.
At that time, the Terre Haute plant was awaiting final corporate approval to move forward with the project.
Steve Witt, president of Terre Haute Economic Development Corp., said today that the Terre Haute site “had to compete for this project.” The plant “competed with a plant in Mexico and two other states. We are very excited about this and the company continues to grow its business here.
“The jobs being created are all across the board, from production to design engineers,” Witt said. “The company has been advertising openings for the last several months, in local media, including billboards around town. There are some great jobs available at ThyssenKrupp Presta, but one needs to bring the skills necessary to compete for those jobs,” Witt said, such as engineering, quality technicians and logistics.
“Also, their research and development presence continues to grow as well,” Witt said. “New products that will be manufactured at the Terre Haute facility will be designed here, as well, and the company believes that gives them a strong competitive advantage in the marketplace.”
Tribune-Star reporter Howard Greninger contributed to this report.