The Herald Bulletin

Morning Update

Local Business

January 16, 2013

Keihin North America consolidating sites into Anderson

Bringing 130 to 175 jobs

ANDERSON, Ind. — Over the next five months, Keihin North America plans to bring between 130 to 175 management, engineering and development jobs to Anderson’s Flagship Enterprise Center, officials announced this morning.

The company is a manufacturer of vehicle engine management and climate control systems.

“This is an engineering, management-intensive operation,” city economic development head Greg Winkler said.

In its announcement, Keihin officials said they would be consolidating corporate headquarters into the Flagship Enterprise Center.

Since 2009, Keihin North America has been operating the functions of its corporate headquarters from two sites: Crosspoint Office Park in Fishers and a manufacturing site in Greenfield.

At a special meeting Tuesday,  the Anderson Redevelopment Commission said the company had signed a six-year lease with the Flagship Enterprise Center.

ARC also voted unanimously to approve roughly $1.3 million in tenant improvements and rent abatement for the company over the course of that lease, drawn from the city’s Tax Increment Financing funds.

“This is a done deal,” said Flagship president and CEO Chuck Staley.

Staley said all jobs created would be “highly-skilled and highly-paid,” and would likely focus on engineering, administration and product development.

Because it’s in the auto industry, he also said it would likely work with Honda plastic components supplier, Greenville Technology, Inc., which will have its grand opening at Flagship Friday.

The Japanese company will join an increasingly international set of developers at Flagship, Staley said.

“To me, this demonstrates that Anderson and Madison County can compete in the global economy,” he said. “These international companies are choosing to move here.”

Mayor Kevin Smith said the announcement “elevates Anderson’s status as a regional employer” and continues an on-going effort to boost the city’s economic development. “Our goal is to maintain momentum,” he said.

At the meeting Tuesday, a representative of the company said he “wanted to express his appreciation” to the city and Flagship for facilitating the move.

“We’re very excited about our move to Anderson,” he said. “We’ve seen the revitalization that’s been going on, and we’d really like to be a part of that.”

The Herald Bulletin will continue to update this story.

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