“Faurecia is proud to expand on our already significant presence in the state with this new facility and to provide new opportunities for local jobseekers,”Dave DeGraaf, president of FCM in North America, said in a statement. “We’ve had great success growing our business in Indiana due in large part to our ability to attract a highly motivated and skilled workforce and we are looking forward to continuing that progress with this new site.”
FCM is the global market leader for light and commercial vehicles, offering advanced solutions for emissions control as well as acoustic treatment, weight reduction and exhaust heat recovery. FCM's products include catalytic converters, emissions control systems, mufflers, manifolds and complete exhaust systems.
The Indiana Economic Development Corp. offered Faurecia up to $825,000 in conditional tax credits and up to $125,000 in training grants based on the company’s job creation plans. These incentives are performance-based, meaning until Hoosiers are hired, the company is not eligible to claim incentives. The city of Fort Wayne will consider additional incentives at the request of the Greater Fort Wayne Inc.
Indiana is home to five automotive original equipment manufacturers and more than 500 automotive suppliers like Faurecia. According to the U.S. Department of Commerce, Indiana’s manufacturing industry contributed nearly $100 billion to Indiana’s economy in 2015, an increase of more than $6 million from 2014. One in five Hoosiers work in manufacturing, making Indiana home to the nation’s highest concentration of manufacturing employment.
Faurecia is one of the world's largest automotive equipment suppliers with sales of $20.7 billion in 2016. The company employs about 100,000 people in 34 countries at 330 sites and 30 research and development locations. In North America, Faurecia had sales of $5.78 billion in 2016 and employed approximately 20,000 people at 47 locations in Canada, Mexico and the United States.
To apply for one of the new positions, go to http://careers.faurecia.com