BLUFFTON, Ind. (WANE) – A Bluffton plant that makes transmission components for car companies announced an investment that is expected to bring more jobs and new equipment.
Metaldyne M&A Bluffton, LLC, part of Metaldyne’s Drivetrain Products, announced the expansion of its Bluffton plant on Wednesday. The company plans to add 13 jobs and invest in more than $8.2 million of new equipment as part of an expanded product line.
Daun Spurgeon, Engineering and Maintenance Director for the Bluffton plant, said the average wage for a new employee would be more than $17 an hour. The plant currently employs 292.
“Metaldyne’s growth in Bluffton is a direct result of the innovation and expertise of the leadership as well as the entire facility team,” Ted Ellis, Mayor of Bluffton stated, “assuring companies like Metaldyne have available the best-trained workforce and an environment supporting their growth is a priority of our community!”
Metaldyne LLC is a leading global manufacturer of highly engineered metal-based components for engine, transmission, and driveline applications in the automotive and light truck markets. Products include powder metal engine connecting rods, engine bearing caps, engine cylinder oil jets, transmission sub-assemblies, forged differential gears and pinions, differential assemblies, engine balance shaft modules, transmission shafts, and engine crankshaft dampers. Metaldyne has over $1 billion in annual revenue, with 26 locations in 13 countries, and is owned by American Securities, a leading private equity firm (www.american-securities.com). More information about Metaldyne can be found at www.metaldyne.com.