TRIN, Inc., an automotive parts supplier, announced plans today to expand its operations here, creating up to 75 new jobs by 2016.
The company, which manufactures automotive interior switches and sensors, will invest $19 million to upgrade its manufacturing capabilities and add 46,000 square-feet to its existing facility located at 803 H.L. Thompson Jr. Drive in Ashley. Construction at the site is set to begin this month.
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The Indiana Economic Development Corporation offered TRIN, Inc. up to $455,000 in conditional tax credits and up to $95,000 in training grants based on the company's job creation plans. These tax credits are performance-based, meaning until Hoosiers are hired, the company is not eligible to claim incentives. The town of Ashley will consider additional property tax abatement at the request of the DeKalb County Economic Development Partnership.
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