09 May 2013

Subaru to invest $400 million and create 900 new jobs in Lafayette, Indiana

Lafayette, IN – 08 May 2013 - Subaru of Indiana Automotive, Inc. (SIA) is expanding its plant in Lafayette, Indiana to add production of the Subaru Impreza beginning in 2016. The expansion project will create approximately 900 new jobs and involve an investment of approximately $400 million. 

Record sales and a gain in market share in North America led SIA’s parent company, Fuji Heavy Industries (FHI) to the decision to invest $400 million to build the Impreza at SIA and expand the plant’s production capacity by about 100,000 vehicles annually. SIA Associates built a company record 271,583 vehicles in its fiscal year that ended on March 31, 2013. The expansion will involve construction to expand SIA’s total square footage by over a half million square feet. The project will also include the installation of new state-of-the-art equipment, primarily in the Paint and Body Assembly sections as well as changes to improve overall process flow. 

In addition to the approximately $400 million capital investment in the facility expansion and new equipment, SIA will be adding about 900 additional jobs to its workforce. “The success of the Subaru brand can be credited, in part, to the dedication of SIA’s highly-skilled Associates,” stated SIA’s Executive Vice President, Tom Easterday. 

“An expansion project of this magnitude could not have been possible without the support of the Indiana Economic Development Corporation, Greater Lafayette Commerce and local and state government officials,” remarked Easterday. Joining him at today’s announcement was Indiana Governor, Mike Pence, Lafayette Mayor, Tony Roswarski and Tippecanoe County Board of Commissioners President, David Byers. 

“We are proud that Indiana will be home to the continued investment of a world-class company like Subaru,” said Pence. “With our competitive tax climate, strong workforce and unmatched infrastructure, the world recognizes that the Hoosier State is open for business.” 

Construction on the planned expansion is slated to begin this fall and is expected to be completed by the end of 2016. Construction continues on the $75 million expansion project which was announced in May 2012 that will increase SIA’s Subaru capacity from 156,000 to 180,000 units annually with no overtime. 

Subaru of Indiana Automotive, Inc. (SIA), a subsidiary of Fuji Heavy Industries, Ltd., is the home of North American Subaru production. Models built at the Lafayette, Indiana plant include the Subaru Legacy, Outback and Tribeca. SIA also produces the Toyota Camry under contract with Toyota. 

Source: Subaru of Indiana Automotive