Global Automotive Manufacturer Plans Warren County Expansion
2/29/2012 10:26:00 PM
COVINGTON, Ind. -- Flex-N-Gate Corporation d/b/a Flex-N-Gate Covington, an original equipment manufacturer of automotive parts, announces plans to expand its operations here, creating up to 68 new jobs by 2012.
The Illinois-based company, which also provides product engineering, project management and testing services, has already begun investing $5.1 million to purchase robotic welding cells and improve supporting infrastructure at the company's 440,000 square-foot facility at 11778 W. 600 S. in Covington.
Flex-N-Gate, which currently has approximately 65 full-time employees at its three Indiana locations, has already begun hiring additional welding technicians, robotic technicians, machine operators and assembly associates.
"Flex-N-Gate originally located in Indiana approximately 20 years ago and we appreciate the support the state of Indiana and our local governments have provided to us during that time," said Tom Clarkson, chief financial officer of Flex-N-Gate. "Indiana provides us a favorable business climate and allows us to operate in a good location geographically to our customers. We are pleased to be able to expand our operations in Indiana."
Incorporated in 1956, the company originally produced stock racks for pick-up trucks which featured a flexible roll-up rear gate. Flex-N-Gate, which supplies parts to more than 40 automobile companies worldwide, has recently garnered national accolades including the Nissan Quality, Honda Delivery and Renault Industrial Performance awards.
The Indiana Economic Development Corporation offered Flex-N-Gate Corporation d/b/a Flex-N-Gate Covington up to $350,000 in conditional tax credits and up to $57,950 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. The Warren County Council will consider additional property tax abatement.
Flex-N-Gate, the 12th largest automotive supplier according to Automotive News, employs over 9,500 people at 48 manufacturing and 6 product development and engineering facilities throughout Canada, the U.S., Mexico, Argentina, Brazil and Spain. Flex-N-Gate's products include: large body and chassis structural assemblies; full bumper and fascia systems, brackets, receiver hitches; exterior trim components, running board systems; scissor and screw jacks, tools, spare tire hoists; hinges, checks, and latch systems; interior and exterior plastics and lamp systems.