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Dec 01, 2017

Subaru of Indiana Automotive

Governor Eric J. Holcomb joined executives of Subaru of Indiana Automotive (SIA) as the company unveiled its new Subaru Ascent, which will be manufactured at its Lafayette facility. To support the increased production, the company plans to create up to 200 new jobs by 2018.



"Today we witness Subaru's continued commitment to Indiana as the company unveils the all-new Subaru Ascent and announces its plans to create more jobs for Hoosiers," Gov. Holcomb said. "For 30 years, Subaru has spurred economic growth and I'm confident they will witness continued success as we work to take Indiana to the next level by growing our economy and developing the skills of our workforce."

 


 

The company, which is a subsidiary of Subaru Corporation and is the company’s only assembly plant outside Japan, will invest more than $140 million to purchase new machinery and equipment to add production of the Subaru Ascent in 2018 to meet the growing demand for mid-level vehicles in North America. The all-new Subaru Ascent, which was revealed on Nov. 28 at the Los Angeles Auto Show, is a three–row crossover vehicle that has the capacity to hold seven or eight passengers. 
 
SIA currently employs more than 5,600 associates at its location in Indiana and will produce approximately 400,000 vehicles in 2018, including the Subaru Legacy, Impreza, Outback and Ascent. Since the start of the company’s production 30 years ago, the facility has produced more than five million vehicles.

“The Subaru Ascent is a great addition to our production mix,” said Tom Easterday, senior executive vice president of SIA. “This great new family vehicle allows us to create hundreds of new jobs at SIA, and also at our suppliers in Indiana and across the country.”

Today's announcement comes two years after SIA announced plans to create 1,204 jobs and increase its production. Since 2015, the company has created 1,800 new jobs, exceeding its previous commitment. The company’s expansion is also expected to spur growth for its direct material suppliers as well, including 28 companies like ELSA Corporation, Moriden America and  FTIC. 


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