Lippert, Kinro Set to Expand in Elkhart County, Add Up to 260 Jobs
Wednesday, August 8, 2012
Lippert Components Manufacturing Inc. and Kinro Manufacturing Inc. announced plans today (Aug. 8) that Goshen and Elkhart have been chosen as the sites for a new thermo forming operation and an expanded glass tempering and awning operation. The expansions are expected to create up to 260 new jobs by 2015.
The decision by the companies to locate these expansions in Elkhart County came after consideration of locations in other states. The companies plan to invest $3.65 million to start and expand the noted lines of business.
With approximately 5,000 employees nationally, Lippert Components and Kinro currently employ more than 4,000 full-time workers at locations throughout northern Indiana. The companies, which currently operate 30 facilities in 12 states, plan to begin filling the new manufacturing and administrative positions this fall.
"We are very pleased to locate these new and expanding operations of Lippert Components and Kinro in Indiana," said Jason Lippert, chairman and CEO of Lippert Components and Kinro. "The state of Indiana, Elkhart County and the cities of Goshen and Elkhart continue to show a strong commitment to partnering with companies like ours in the RV industry so that our industry can continue to rebound from the economic downturn and also thrive in the future.
We appreciate the support we have received from state, county and local officials. These new and expanded operations will increase our capacity and product offerings."
The Indiana Economic Development Corp. offered Lippert Components Manufacturing up to $1.2 million in performance-based tax credits and up to $115,000 in training grants based on the company's job creation plans. The city of Elkhart and the city of Goshen will also consider additional property tax abatements at the request of the Economic Development Corp. of Elkhart County.