INDIANAPOLIS (WISH) – A company with thousands of Indiana employees is making a major investment to keep them in the Hoosier state.
Rolls-Royce plans to spend $600 million updating its aging facility. The announcement was made at its facility off Raymond Street on Monday morning.
Right now, the company has 4,000 central Indiana employees, with nearly 1,500 at the Raymond Street facility. The plan is to tear down an older building and add three more high-tech facilities.
The manufacturing company isn’t sure how many new jobs this will create but said it’s a commitment to its Indiana employees.
“As time goes on, if we’re as competitive as I think we’re going to be, there’s always possibilities to add new jobs and new positions, if you win new business,” Rolls-Royce North American President & CEO Marion Blakey said. “So you have to think of it in those terms.”
Governor Mike Pence was also on hand for the announcement. The state and city of Indianapolis gave the company $35 million to help with the project.
Renovation will begin immediately, and it’ll take several years to complete.