TERRE HAUTE — ThyssenKrupp Presta Terre Haute LLC, a manufacturer of automotive steering columns, is building a 72,000-square-foot, $2.75 million addition to its facility in the Vigo County Industrial Park, according to a Vigo County building permit.
The company assembles steering columns for Ford Motor Co. and hopes to attract new customers and prospects with the addition, said Yashar Kazemi, operations manager.
“The expansion is good news for us in this kind of economy. I know it seems odd or unusual to do such an expansion now, but with our prospects and customer situation, we are right now working on a lot of things,” Kazemi said.
The company, a subsidiary of German conglomerate ThyssenKrupp, hopes to be able to announce more concrete plans on its business, any new customers and job prospects by the end of February, Kazemi said.
In 2005, the company announced it would invest $5.5 million for a second assembly line for steering columns, test equipment and other improvements at its plant.
The new addition is the first expansion of the 68,000-square-foot plant since the company moved into the former Wheel Tough Co. building at 1597 Industrial Drive in 2003, Kazemi said. The company employs about 50 workers.
“When they came to the community, the company wanted to grow their business and any growth in the facility and any new employment would be based upon their ability to attract new business, so we certainly hope they are successful in doing that because they have been a great addition to the community and Industrial Park in particular,” said Steve Witt, president of the Terre Haute Economic Development Corp.
Howard Greninger can be reached at (812) 231-4204 or howard.greninger@tribstar.com.
Business
ThyssenKrupp Presta building $2.75 million addition to plant
- Business
-
-
Projected Learning: Indiana State class teams with Delta Faucet for educational efforts
Indiana State University senior Candace Greubel scoured newsletter articles before her class forwarded its project to its eager audience, Delta Faucet Company employees.
-
Eight join Scott College of Business advisory board
Eight graduates from the past decade have recently joined the Scott College of Business’ Young Professionals Board at Indiana State University.
-
NEWSMAKERS: Feb. 12, 2012
* Edward Motley
* John Wilkinson
* Clabber Girl Corp.
-
BUSINESS CENTS: Is your company ready to become a franchise?
In the past few articles, we have discussed small business tax issues.
-
Mayor of Clinton to speak at Chamber luncheon
Clinton Mayor Jack Gilfoy will be the guest speaker at the February Luncheon Meeting of the Greater Clinton Chamber of Commerce.
-
SOCIAL SECURITY: A Valentine tip from Social Security
Valentine’s Day is just around the corner, making this a popular time of year for proclamations of love.
-
Small businesses invited to enter ‘Push’ contest
The sixth annual Staples National Small Business Survey found that seven out of 10 small business owners are optimistic about the future.
-
MORTON MARCUS: Examining the vitality of the economy in local communities
Euturn Wright, the noted economic development specialist, was in Indianapolis for the Super Bowl extravaganza.
-
ON THE MOVE: Feb. 12, 2012
Big Red Liquors Inc., a leading wine, beer, and spirits merchant since 1972 with 25 retail locations throughout southern Indiana, has hired Don Rix, vice president for Marsh Supermarkets LLC with 32 years of experience in the grocery industry, as its new president.
-
Mike’s Carwash washes its 100,000,000th vehicle
Mike’s Carwash has recorded a significant milestone, washing its 100 millionth vehicle.
-
Look for random acts of kindness at mall
Honey Creek Mall in Terre Haute will again celebrate National Random Acts of Kindness Week, Feb. 13-19.
-
Estate planning, wills topic of Lunch with a Lawyer program
Senior Education Ministries Inc. has scheduled Lunch with a Lawyer from 11:30 a.m. to 1 p.m. Feb. 20 at the Wabash Senior Activity Center at 300 S. Fifth St. in Terre Haute.
-
Leslie leaving Terre Haute Chamber
The Terre Haute Chamber of Commerce today notified members that Rachel Leslie, Chamber executive vice president, has accepted a position as director of advancement operations for St. Mary-of-the-Woods College.
-
Toyota to increase Highlander output in Indiana
Toyota will increase production of the Highlander mid-size SUV in late 2013 at the company’s Princeton, Indiana plant. Hybrid and export versions will be included. The project is expected to create about 400 new jobs at Toyota Motor Manufacturing Indiana Inc.
-
AT&T expands mobile broadband network
AT&T has expanded its mobile broadband network in several southwest Indiana communities, extending access for advanced mobile services, devices and feature-rich audio and video content to customers in the area.
-
ON THE MOVE: Feb. 5, 2012
• Debbie Dillow
• Vani Manyam
• Shabaz Gill
-
Nominate someone for HR Professional of the Year
Nominations are currently being sought for the 2012 Ogletree Deakins/HR Dimensions Human Resources Professional of the Year.
-
Time Warner offers new levels of Internet service
Time Warner Cable is expanding the next generation of Internet service to customers across the Midwest using DOCSIS 3 equipment and its advanced fiber network.
-
NEWSMAKERS: Feb. 5, 2012
Irving Haber at 1818 N. Third St. in Terre Haute announces that he is the first physician in the Wabash Valley to offer on-site digital imaging with the new Sonosite Sonogram machine.
-
First Financial Corp. reports 2011 results
First Financial Corporation announced results for the year and the quarter ended Dec. 31.
-
Terre Haute Chevrolet to incorporate new GM image elements
Terre Haute Chevrolet, a division of the Romain Automotive Group of Evansville, has announced a new look coming to the dealership in 2012.
-
SOCIAL SECURITY: Social Security FAQ on disability
Question: I applied for disability benefits three months ago and still haven’t received an answer. How long does it take to get a decision?
-
MORTON MARCUS: State government increasingly decides how we live in our cities
The ongoing trend in state-local government relations in Indiana is increasing paternalism.
-
Innovative Staff Solutions offers job openings
Innovative Staff Solutions has more than 180 positions open and available right now.
-
Free career advancement workshop scheduled
University of Illinois Extension is hosting a free career advancement workshop from 5:30 to 7 p.m. Feb. 23 in Marshall.
-
Verizon Wireless invests $159 million in Indiana
Verizon Wireless has invested $159 million in 2011 to enhance its network in Indiana, which includes the expansion of 4G LTE to 23 Hoosier cities, 10 major universities and four professional sporting venues.
-
Rose-Hulman Winter Career Fair experiences 37 percent gain in company attendance
The good times have returned for college job seekers in such technical fields as engineering and computer science.
-
Gordon Chiropractic celebrates grand opening of new location
The Terre Haute Chamber of Commerce in partnership with Gordon Chiropractic Family Health and Wellness celebrated the grand opening of its new location on Feb. 4.
-
Magnolia gives in on rezoning
A potential $20-million investment in Terre Haute’s east side has been blocked by public opposition.
-
Magnolia drops retirement complex plans for Ohio Boulevard
The company that had been hoping to build a new senior living complex along Ohio Boulevard has canceled its plans.
- More Business Headlines
-
Projected Learning: Indiana State class teams with Delta Faucet for educational efforts
Raw Video: Greek Rioting Ahead of Austerity Vote
Greece Passes New Austerity Deal Amid Rioting
Coroner: Houston Autopsy Results Weeks Away
Pop Music Superstar Whitney Houston Dies at 48
Raw Video: Child Rescued After Kosovo Avalanche
Raw Video: Whitney Houston's Last Performance
Reaction to Houston's Death at Clive Davis Party
Whitney Houston's Church Mourns Her Passing
Severe Cold Wreaks Havoc in China
Police: Houston Found Dead in Her Hotel Room
Fans 'Speechless' Over Houston's Death
Fuel Removal Under Way on Capsized Italian Ship
Snow Strands Italian Towns
79 Turtles Seized at Shanghai Airport
Video of M.I.A's Obscene Halftime Gesture
Paul Suffers Narrow Loss to Romney in Maine
Raw Video: Italy's Mount Etna Bursts Into Life
Recording Superstar Whitney Houston Dead at 48
Today in History for Tuesday, February 12th
Stocks Fall Sharply As Greek Deal Is Held Up
'Rumor Has It' Adele's Rolling in the Grammys
Tiger Woods and Phil Mickelson after the Pebble Beach Pro Am-2/12
Exclusive Video: Bobbi Kristina Leaving Hospital
2012 Grammys: Rihanna
Raw Video: Aurora Borealis As Seen From Space
2012 Grammys: Taylor Swift
Exclusive Video - Whitney's Bodybag
FUEL TV: Punk Payback Gym tips
Whitney's Final Days - EXCLUSIVE
Romney Tops Santorum in CPAC Straw Poll
First glimpse of Blue Ivy Carter
Angry Dad Shoots Teens Laptop
Peek inside Barbie's closet
Absolute Lin-sanity
Madonna's Daughter Shaves Head
5 Killed in Wrong-way Crash on I-10 in La.
Test on Comforter in Powell Unit Shows Blood
Hero Driver Saves Kids From Burning Bus
