The Herald Bulletin

Morning Update

State News

February 6, 2014

Swiss auto supplier adding 220 jobs in S. Indiana

JEFFERSONVILLE, Ind. — Indiana economic development officials say a Switzerland-based auto parts supplier is expanding to a southern Indiana industrial park and creating about 220 jobs by 2018.

They say Autoneum, a maker of acoustic and thermal management products, will lease and equip a 300,000 square-foot manufacturing and distribution center at the River Ridge Commerce Center in Jeffersonville.

The Indiana Economic Development Corp. says it offered Autoneum North America up to $2 million in conditional tax credits and up to $200,000 in training grants based on the company's job-creation plans. Also, the River Ridge Development Authority approved property tax abatement for the company at the request of a local development agency.

The IEDC says Autoneum has begun hiring engineers and managers and will begin hiring production workers toward the end of the year.


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