A German auto components company will be setting up shop in LaPorte.
Governor Mike Pence was recently in Germany and met with the executives of Jäger Group and its subsidiary Jaeger-Unitek Sealing Solutions, Inc. will be expanding operations in LaPorte. The expansion will include 52 new jobs by 2016.
The manufacturer will invest $4.5 million to lease, renovate and equip a 137,000 square foot facility at 115 Koomler Drive in LaPorte. The operation is expected to be up and running by August.
Jaeger-Unitek specializes in rubber extrusion components used in window, door and sunroof assemblies for the automotive industry. Seventy-five full-time Indiana associates are currently employed as part of the Jäger Group’s more than 1,000 employees across five countries.
As part of the expansion, recruiting, hiring and training for engineering, finance, production and maintenance positions has already started.
The Indiana Economic Development Corporation offered Jaeger-Unitek Sealing Solutions, Inc. up to $500,000 in conditional tax credits based on the company’s job creation plans. These tax credits are performance-based, meaning until Indiana residents are hired, the company is not eligible to claim incentives.