Company will add 46 new jobs, invest $1.8 million Fort Wayne, Ind. (August 10, 2010) — Trelleborg Sealing Solutions has announced it is expanding its logistics operations in Fort Wayne and will move its Supply Chain Management (SCM) Americas to 5503 Distribution Drive. The company currently has three locations in northeast Indiana and employs more than 300. As a result of the expansion, Trelleborg will add up to 46 new jobs and invest $1.8 million by 2013. The project will begin in August and is scheduled for completion in October.
Trelleborg Sealing Solutions is part of Trelleborg Group, a global engineering group which develops high-performance solutions that seal, damp and protect in demanding industrial environments. The Group focuses on advanced polymer technology and in-depth applications. The company's Fort Wayne locations consist of supply chain and logistics, sales and marketing, and manufacturing. Northeast Indiana is the anchor for Trelleborg Sealing Solutions operations in North and Latin America, with Fort Wayne being its Americas Headquarters.
"Fort Wayne plays a significant role in the operations of Trelleborg Sealing Solutions Group globally," said Kevin Fosnaugh, director SCM Americas. "Growing in Fort Wayne is a sign of strength for the organization as a whole. This expansion will allow us to add more value-added services like special packaging and kitting for our customers which enhances our manufacturing capabilities."
The company will invest in remodeling and upgrading the facade and interior of the 38,000 sq. ft. office building and will make cosmetic and lighting improvements to the 90,000 sq. ft. warehouse. Trelleborg Sealing Solutions will also add mobile picking equipment, conveyors, packaging equipment, racks and information technology and telecom hardware to the facility.
“Building an environment that encourages companies like Trelleborg to grow is our top priority and we are glad to partner with this company as they create even more opportunities in northeast Indiana,” said Mitch Roob, Secretary of Commerce and chief executive officer of the Indiana Economic Development Corporation.
The Indiana Economic Development Corporation offered Trelleborg up to $325,000 in performance-based tax credits based on the company’s job creation plans. The Fort Wayne Common Council will consider additional property tax phase-in at the request of the Fort Wayne-Allen County Economic Development Alliance.
"With Trelleborg's decision to expand its Fort Wayne operations, it once again shows our community is a great place to grow a business, especially in advanced manufacturing. This speaks volumes to the business climate of northeast Indiana. On behalf of all Fort Wayne residents, I welcome this investment and its new jobs coming to Indiana's second largest city," Fort Wayne Mayor Tom Henry said.
About Trelleborg Sealing Solutions
Trelleborg Sealing Solutions is one of the world’s leading developers, manufacturers and suppliers of precision seals. It supports its aerospace, industrial and automotive customers through over 20 production facilities and more than 40 marketing companies globally. Within its portfolio are some of the longest established sealing brands, including Busak+Shamban, Chase Walton, Dowty, Forsheda, GNL, Palmer Chenard, Shamban, Skega and Stefa along with a large number of proprietary products and materials such as Turcon®, Zurcon®, Orkot®, Isolast®, Stepseal® and Wills Rings®. www.tss.trelleborg.com.
Trelleborg is a global industrial group whose leading positions are based on advanced polymer technology and in-depth applications know-how. Trelleborg develops high-performance solutions that seal, damp and protect in demanding industrial environments. The Trelleborg Group had annual sales during 2009 of approximately SEK 27 billion (EUR 2.5 billion), with around 20,000 employees in over 40 countries. The Group comprises four business areas: Trelleborg Engineered Systems, Trelleborg Automotive, Trelleborg Sealing Solutions and Trelleborg Wheel Systems. The Trelleborg share has been listed on the Stockholm Stock Exchange since 1964 and is listed on the OMX Nordic List, Large Cap. www.trelleborg.com.