Subaru of Indiana Automotive Inc.’s Lafayette plant will add an estimated 100 full-time jobs by 2014, the company said Wednesday.
The company plans to invest $75 million on the central Indiana factory in order to increase production of its Outback and Legacy models.
“It will create approximately 100 new fulltime jobs here. And if you use the multiplier effect the Center for Automotive Research has used in the past, that could create anywhere from 600 to 1,000 new jobs in the economy,” Tom Easterday, Subaru vice president said.
The Indiana Economic Development Corporation is offering the company up to $950,000 in conditional tax credits and as much as $50,000 in training grants based on the job creation plans.
The Lafayette factory opened in 1989 and produces Legacy, Outback and Tribeca models for Subaru along with Toyota Camrys.
The decision came in the wake of the automaker’s plan to improve the sales to 90,000 from 2016.