(Connersville, Indiana) - Carbon Motors, a startup maker of high-tech police cars, has chosen this Eastern Indiana town to invest $350 million in a plant that is expected to create as many as 1,500 jobs.
The Indiana Economic Development Corporation says it has been formally notified that Carbon Motors has selected Connersville for its proposed headquarters and manufacturing operations to be located at the 1.8 million square-foot-facility formerly occupied by Visteon.
According to a news release, several issues must be resolved before the deal is finalized including site acquisition complexity brought about by Visteon's recent bankruptcy, latent environmental concerns at the vacant facility and finalizing terms of an agreement which “will protect Hoosier taxpayers and give Carbon Motors the opportunity to effectively compete for federal funding.”
Carbon Motors said it will apply for a federal loan through the U.S. Department of Energy's Advanced Technology Vehicles Manufacturing Loan Program. Final selection of a manufacturing site is a condition for Carbon Motors to make the loan application.
Carbon Motors, established by former Ford Motor Company executives in 2003, has developed the Carbon E7, the first purpose-built law enforcement vehicle. The Carbon E7 incorporates bullet proof door and dash panels, radiation and biological threat detectors, an automatic license plate recognition system, integrated emergency lights and a clean diesel engine. Carbon Motors estimates the E7's 3.0 liter clean diesel engine could reduce law enforcement fleet fuel costs by up to 40 percent.
Once agreements are finalized, the IEDC will announce the state's participation.
For more information about the company visit http://www.carbonmotors.com/
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