This is the kind of news that makes a local guy happy. The Associated Press is announcing:
Subaru said Wednesday it is investing $400 million to expand its Indiana factory and will add 900 workers to build the Impreza small car there in 2016.
. . .Subaru, also known as Fuji Heavy Industries, said it will boost capacity at one of two assembly lines at the plant — the one that is now being used to build the Camry — from 100,000 vehicles to 200,000 vehicles.
It had already announced it would boost production capacity at the other line from the current 170,000 vehicles to 200,000.
Behind Purdue, I would say Subaru is the second most important employer to Tippecanoe County. This kind of investment can’t do anything but help the economic health of the community. Comparing the current state of my county to the lot of most other counties in the state reminds me of the quote from Matthew 13:12:
For whoever has, to him more shall be given, and he will have an abundance; but whoever does not have, even what he has shall be taken away from him.
You get a “like” for this one.
Subaru makes good products. They demand a real premium on the resale market if they can even be found.
My Scion FR-S has a Subaru Boxster Engine and it has an incredibly broad and powerband.
That’s nice.
But more importantly, what will it do for the social and cultural health of the community?
I can’t say for sure, but from everything I’ve seen, Subaru has been a good citizen of the community. And, because the jobs pay well, the employees are more likely to contribute to the social and cultural health of the community on an individual level.
The same applies to Toyota in the Princeton community. In that Southern Indiana community, you had better not say anything negative about Japanese cars, or more specifically, Toyota. If you think Toyota customers are loyal, check out the employees. Furthermore, Toyota funds a number of community activities and services, which extend well beyond the boundaries of Gibson County.
what kind of tax abatement is involved?