Gov. Mitch Daniels, R-Ind., joined executives from Italian gearmaker Brevini to announce the company's plans to locate its U.S. headquarters and first North American gear design and manufacturing center to Indiana, creating more than 450 new jobs by 2011. The facility will serve as a hub for developing and manufacturing wind turbine planetary gearboxes used in wind farms across the country.
The company specializes in designing and manufacturing the gear drive applications for a variety of heavy equipment, utility, mining and marine applications. It will locate its North American headquarters and design center in an existing 60,000 square foot facility in the Muncie Delaware County Park One Industrial Park.
Brevini will construct an additional 150,000 square-feet of manufacturing space at the site in 2010 to manufacture planetary gearboxes for wind turbine energy generation and other low-speed, high-torque applications. It is the company's first U.S.-based manufacturing operation.
‘Indiana intends to be a green power leader, not only in producing energy, but in making the equipment that produces energy, including wind turbines, electric car batteries and other tools of this energy revolution,’ says Daniels. ‘Brevini could have chosen to locate to anyplace in the country but selected Indiana, and that's a reflection of our leadership in alternative energy and our excellent business climate.’
Brevini will begin hiring engineers, accountants, customer service staff and assembly technicians in 2009 following the relocation of its existing U.S. headquarters from suburban Chicago.
The Indiana Economic Development Corp. offered Brevini up to $3.9 million in performance-based tax credits and up to $300,000 in training grants based on the company's job creation plans. The Muncie-Delaware County Economic Development Alliance's Vision 2011 will support Delaware County, providing the company with the 20-acre site for the new facility, property tax abatement and extending rail service to the site with the assistance of a state grant.
Brevini plans to construct its new manufacturing facility in order to be a leader in energy and environmental design standards and employ technology that will power a portion of the facility with electricity generated from gearbox testing.
SOURCE: Office of Gov. Mitch Daniels