Italian auto supplier to bring 60 jobs to Speedway by 2016SRC Member
An Italian auto supplier said Thursday that it will build its North American headquarters in Speedway, creating up to 60 jobs by 2016.
Brescia, Italy-based OMR Automotive said it will begin building a 43,000-square-foot facility on a 2.5-acre campus at 4755 Gilman St. in Speedway, starting in April, with plans to open by the end of the year. It also bought 2.5 acres on adjacent land for future expansion, according to a news release from the Indiana Economic Development Corp.
The company, which serves as a major supplier to the Fiat Group, as well as General Motors, Volkswagen, Toyota and Ford, will soon begin hiring employees for engineering, administration, production, quality control, machine operation and equipment mechanic positions.
OMR said it chose the Speedway site, its fifth location outside of Italy, because of its nearness to other automotive suppliers.
The IEDC will provide the Speedway Redevelopment Commission with up to $1 million in infrastructure assistance to help improve the surrounding area.
The opening of an engineering and chassis-building facility by another Italian company, Dallara, in 2011 helped kicked off the resurgence of downtown Speedway.
“Indiana stands out as the ideal place for our North American home base, situated in Speedway, a town known the world over for its legacy in auto racing,” said Marco Bonometti, chairman of OMR, in a prepared statement. “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. We were impressed with the tax structure and affordable business climate in Indiana, and look forward to a long future here.”
Gov. Mike Pence, who also was at the OMR announcement, cited the presence of foreign automakers such as Toyota, Honda and Subaru for helping boost Indiana’s automotive presence and said OMR’s North American headquarters “will be in great hands with Hoosiers in the driver’s seat.”