2 Italian companies choose Indiana; Over 100 new jobs expected

DETROIT (WLFI) – So far, so good for Gov. Mike Pence’s trip to the North American International Auto Show in Detroit. Pence announced Thursday two Italian-based companies have chosen the state of Indiana as the site for their North American operations. In all, more than 100 new jobs will be created in the coming years.

The first company is Brescia, Italy-based OMR Automotive — a tier 1 automotive supplier for the Fiat Group. Pence joined company executives for an announcement Thursday morning in Detroit. The new $10 million, 43,000 square-foot facility will be based in Speedway, Indiana. Pence said OMR Automotive will create up to 60 new jobs by 2016.

The operation will house the company’s machining and assembling of automotive components for engines, transmissions and chassis. Pence said OMR’s North American headquarters will be in great hands with Hoosiers in the driver’s seat.

“Indiana’s motor vehicle industry is prominent around the world. Japanese companies like Toyota, Honda and Subaru helped launch the international automotive presence in Indiana that has multiplied in recent years to now include Italian companies like OMR, proving Indiana is a state that works for the automotive industry,” Pence told News 18 in a release.

Chairman of OMR Marco Bonometti said Indiana stood out as the ideal place for the North American home base. He said especially in Speedway — “a town known the world over for its legacy in auto racing.”

“Our team looked across the region for a place that would maximize growth opportunities for our world-class manufacturing operations, building parts in cars on roads all around the world today,” Bonometti said in a release. “We were impressed with the tax structure and affordable business climate in Indiana, and look forward to a long future here.”

The second company Pence joined in Detroit Thursday was Sirmax North America, Inc. — a Cittadella, Italy-based global supplier of plastic compounds and resins. Sirmax plans to invest $25.6 million into its first North American plant. The 140,000 square-foot facility will call Anderson, Indiana home. The plant will be built on the former General Motors property. Officials said up to 50 new jobs will be created by 2020.

Expected to be operational by October 2015, the location will serve as a strategic logistical location for its automotive and appliance customers, which includes a U.S.-based client that signed a $20 million annual contract with Sirmax late last year. The company anticipates producing 20,000 tons of plastic compounds and resins a year with an annual turnover expected at $35 million.

Pence said Sirmax is joining the ranks of those who have chosen to grow in Indiana out of a world of options.

“Meeting today with leaders at Sirmax and with leaders from other international automotive companies at the North American International Auto Show, it’s clear why they keep choosing Indiana,” Pence stated in a news release. “Entering a new international market can be difficult, but with Indiana’s business climate built for their growth and a workforce that knows its way around building cars — Hoosiers help keep the world moving.”

Advertisements