CEO Doug Bawel joined state and local officials in announcing the company’s plans to expand its footprint to create additional jobs and reinvest in the former Kimball Plastics manufacturing facility located at 1220 Power Drive in Jasper, Indiana.
“Jasper Engines & Transmissions is a great Indiana economic success story. The company that has prospered and provided thousands of jobs for Hoosiers for over 70 years is expanding again,” said Lt. Gov. Ellspermann. “We continue to see how our business-friendly tax and regulatory policies plus our dedicated workforce make Indiana a place where companies want to expand and locate.”
The homegrown-Hoosier company, which remanufactures drivetrain components, plans to invest $6.9 million to renovate and equip a 220,000 sq. foot facility presently vacant within