You choose, we deliver
If you are interested in this story, you might be interested in others from The Journal Gazette. Go to www.journalgazette.net/newsletter and pick the subjects you care most about. We'll deliver your customized daily news report at 3 a.m. Fort Wayne time, right to your email.

Business

  • Twitter 2Q results soar, stock flies high
      NEW YORK – The little blue bird is flying high.
  • Toyota remains at top in sales after first half
      TOKYO – Toyota remains No. 1 in global vehicles sales after the first six months of this year, followed by Volkswagen which bumped General Motors out of second place as the U.S.
  • Local GM cancels 4 shifts
    A lack of parts has forced officials at General Motors Co.’s Allen County truck assembly plant to cancel at least four shifts this week.But workers will have to make up the unexpected time off.
Advertisement

Auto supplier to add 150 jobs

An Ohio-based auto industry supplier today announced plans to invest $7.8 million and create 150 new jobs by 2018 as it upgrades factories in Auburn and Pierceton.

Shiloh Industries Inc., the parent company of Shiloh Die Cast Midwest, makes lightweight parts that help automakers increase fuel efficiency. Increased demand is driving the expansion.

The Valley City, Ohio-based company supplies General Motors, Ford, Chrysler and some foreign automakers, a spokesman said.

Shiloh employs 86 in Auburn, where it operates a 120,000-square-foot factory, and 107 in Pierceton, where it operates a 106,000-square-foot facility. The investment includes renovations and new equipment for both.

Company officials expect the factories to reach full, expanded capacity by 2016.

For more on this story, see Wednesday’s print edition of The Journal Gazette or visit www.journalgazette.net after 3 a.m. Wednesday.

sslater@jg.net

Advertisement