TI Automotive Invests in Ossian Facility
July 27, 2015
TI Automotive in Ossian, Indiana announced today the company will be investing $5.7 million in new equipment that will add three additional employees and support the existing 200+ jobs.
This facility, a manufacturer of fuel tank and delivery systems for the gasoline, diesel, flex-fuel, and hybrid vehicle market, noted this expansion is part of ongoing growth experienced in the past several years. This investment in Ossian will provide the company additional flexibility and capacity for new business expected in the future.
Town Council President Brad Pursley noted, “We thank TI Automotive for their continued growth in our Ossian Industrial Park, and appreciate the fact that our community will benefit from this growth.”
The Ossian Town Council approved tax abatements at their July 27, 2015 meeting in response to the TI Automotive announcement.
About TI Automotive
TI Automotive is a leading global supplier of automotive fluid systems technology. The company’s award-winning product portfolio includes fuel tank and delivery systems and fluid carrying technology for HVAC, brake and fuel and powertrain systems for all of the world's automakers. The company has more than 125 locations in 29 countries. The company’s facilities in Ossian and Ashley, Indiana opened in 1994 and 1986, respectively and employ more than 700 residents.
For more information, please call Tim Ehlerding, Wells County Economic Development Executive Director at 260-824-0510 or email at firstname.lastname@example.org.