JEFFERSONVILLE, Ind. (NEWS RELEASE) – A global vehicle parts supplier, Tenneco Inc. (NYSE: TEN), expects to begin operations in Jeffersonville by January 2015, according to One Southern Indiana (1si) Wednesday, Sept. 3.
Final facility improvements are currently underway at the company’s custom built 150,000 square foot clean air facility at America Place in the River Ridge Commerce Center.
Once renovations are complete, Tenneco will be producing emission control products, such as catalytic converters and clean air systems, for customers including Ford and General Motors. By 2017, the facility will be employing more than 250 individuals. Tenneco plans to begin hiring in mid-September. Interested applicants may visit Indiana Career Connect at www.indianacareerconnect.com to view a full list of open positions and to apply for a job.
The Indiana Economic Development Corporation offered Tenneco up to $1,325,000 in conditional tax credits and up to $119,000 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.
“Indiana has earned a reputation on the global stage as the location of choice for international companies like Tenneco to invest and create jobs,” said Governor Mike Pence. “The tremendous growth this company continues to experience in Indiana illustrates the success of our outstanding workforce and pro-growth policies.”
The River Ridge Development Authority approved an additional property tax abatement at the request of 1si.
“It’s a great day for the City of Jeffersonville. The news that Tenneco, a Fortune 500, Tier 1 auto parts manufacturer, has chosen our city as the place they believe will be the most advantageous to their success is fantastic,” said Jeffersonville Mayor Mike Moore.
Wednesday’s announcement marks Tenneco’s second Indiana expansion in recent years. In November 2012, the company announced plans to add 105 new jobs at its Ligonier, Ind., facility to accommodate increased demand for its emission control parts for Chrysler. The company has since exceeded that goal, adding 350 new associates at that location. Tenneco currently employs approximately 1,200 full-time employees in Indiana, including facilities in Angola, Elkhart and Ligonier, and 26,000 employees worldwide.
“Tenneco is excited to continue to bring new business and new jobs to the State of Indiana,” said Steve Grilly, Tenneco executive director of operations, clean air. “We thank both the state and the City of Jeffersonville for their support in helping us open our newest clean air facility.”
“This is an excellent partnership for both Tenneco and Southern Indiana. For the leadership of this dynamic company to believe a significant key to their own future success exists in our region speaks volumes about what we offer here in Clark and Floyd counties,” said Wendy Dant Chesser, President and CEO of 1si. “The benefits Southern Indiana gains with Tenneco’s decision to locate here are also significant and on behalf of all 1si members and investors, I want to welcome Tenneco as Southern Indiana’s newest corporate citizen.”
About Tenneco Inc.
Tenneco is an $8 billion global manufacturing company with headquarters in Lake Forest, Illinois and approximately 26,000 employees worldwide. Tenneco is one of the world’s largest designers, manufacturers and marketers of clean air and ride performance products and systems for automotive and commercial vehicle original equipment markets and the aftermarket. Tenneco’s principal brand names are Monroe®, Walker®, XNOx™ and Clevite® Elastomer. For more information on Tenneco: www.tenneco.com.