Keihin IPT Manufacturing, Inc has committed to expanding its Indiana operations with a $60 million investment and the creation of 70 new jobs. Keihin is a supplier of Engine Management Systems, which include injectors, throttle bodies and intake manifolds to Honda of America.
The expansion, announced earlier last month, will allow the company’s Greenfield facility to produce its new Variable Cylinder Management System. The system is designed to improve fuel efficiency. The investment will include up to $5 million for a physical expansion of the existing manufacturing facility and up to $55 million in new equipment.
“There was a strong interest in Keihin maintaining production in the US. Our Greenfield plant is a prime location for us with regard to a skilled labor force, and experience manufacturing similar systems,” said Greg Young, Keihin Indiana Precision Technology vice president. “We were looking for ways to maintain competitiveness in a global economy. The IEDC was very helpful, making a difference to allow us to expand here in Indiana.”
Go to STATE SPOTLIGHTS to read more about other news and articles about this state.
Go to INDUSTRY SPOTLIGHTS to read more about other news and articles about this industry sector.