GKN is to invest US$4m in Indiana with an expansion that has seen it buy compaction presses, sintering furnaces and automation for the furnaces and presses.
“With its optimal location, expansive infrastructure and high quality workforce, Indiana continues to hit the mark with automotive companies around the world,” said Indiana Lieutenant Governor, Becky Skillman.
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“GKN is evidence of the advantages of doing business in southern Indiana and we are proud to celebrate the accomplishments of this high-growth company.”
The company plans to continue hiring additional manufacturing and production employees in Salem to accommodate its growing production capacity.
“Our plant has had a significant turnaround in the last four years, with our location in Salem as [an] asset in that process,” said GKN Sinter Metals segment II director of operations. Paul Cook.
“The engagement, passion and drive of our employees throughout the organisation are a real competitive advantage for us. Throughout this process the mayor, council and IEDC [Indiana Economic Development Corporation] have been essential partners in strengthening our foundation here.
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By GlobalData“The result of our investment is a successful, sustainable business that is positioned well to continue to grow and prosper in Salem.”
