An auto parts company says it will add more than 100 jobs to its Princeton Factory.
Vuteq, which is located just down the road from TMMI in Princeton. The company says it will be investing in a $4.3-million to outfit the existing facility with new equipment. The expansion means a demand for new employees.
Vuteq manufactures things like instrument panels and overhead systems used in the construction of cars.
Vuteq says it worked closely with Gibson County Commissioners, County Council members and the Economic Development Corporation to bring a lasting economic impact to the area. Governor Mike Pence was there for the announcement and reiterated his number on goal: job creation.
"Vuteq made a commitment to this region 10 years ago and today's expansion is one more example of a great company saying yes to Indiana and growing jobs here in the Southwest Indiana," says Gov. Pence
The investment means at least 150 new jobs to the area between the plant and a new warehouse.
The Governor thanked officials throughout Gibson County for spear heading an initiative to bring that desired growth and expansion.
President of the Gibson County Economic Development Corporations, Todd Mosby, traveled to Tahara, Japan to discuss the matter with Vuteq officials.
"Mr. Mosby asked Vuteq corporate to consider Gibson County when making decisions to invest in the United States," says Gibson County Commissioner, Alan Douglas.
Three months later, Gibson County officials got the call to start preparing incentive packages to present to Vuteq. A package that included $800,000 in tax increment funding. Vuteq officials felt confident in the plan.
Douglas tells us that "there were other locations that were looked at, so we feel very fortunate that they came to Gibson County."
"Just a lot of pride here at Vuteq," says Gov. Pence while meeting with Vuteq employees. "A lot of price in the broader community for what's happening in Gibson County and really what's happening all over Southwestern Indiana."
Pride that Veteran Vuteq employee and Gibson County resident, Valarie Fetcher shares.
"It's going to put a lot more workload for us, anytime we get new businesses from TMMI," says Fetcher. "I mean it creates more work for us, but like I said it's going to create more jobs so a lot more people are going to have jobs so it's really going to work out great."
You can apply for a job with Vuteq at the work center in Princeton.
1115 Mt. Auburn Road
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