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20 years of SIA: Subaru of Indiana Automotive.


When Tippecanoe County residents learned 20 years ago that a $500 million car plant would soon rise from an 800-acre corn field, few could have predicted how dramatically the news would change their community for the better.

Today, with completion of the latest expansion--a $230 million investment--the plant now called Subaru of Indiana Inc. covers nearly 3 million square feet. Its facility investment tops $1.2 billion. And its newest vehicle production is the Toyota Camry The Toyota Camry is a mid-size sedan assembled by Toyota in Georgetown, Kentucky; Altona, Victoria, Guangzhou, China and the original factory in Toyota City, Japan. In some markets, the top range Camry models are seen as executive cars. , launched this March. Today, employment is about 2,400, and hiring continues to accommodate the Toyota production. Employment could top 3,200 within a couple of years.

"SIA's impact has been an economic-development dream," says Joseph Seaman, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of Lafayette-West Lafayette Development Corp.

"From the strong manufacturing base in north-central Indiana we have developed a highly skilled workforce with a strong work ethic work ethic
n.
A set of values based on the moral virtues of hard work and diligence.


work ethic
Noun

a belief in the moral value of work
," says SIA Sia (sī`ə) or Siaha (sī`əhə), in the Bible, family returned from the Exile.

SIA - Serial Interface Adaptor
 senior vice president Tom Easterday "And with Purdue University Purdue University (pərdy`, -d`), main campus at West Lafayette, Ind.  and Ivy Tech IVY TECH Ivy Tech State College (Indiana Vocational Technical College System)  Community College located here, technical assistance expertise and educational opportunities for our associates are readily available."

Over the years, SIA has produced nearly 2.6 million vehicles. They've included the Subaru Legacy, Outback, Axiom, Baja and B9 Tribeca; Isuzu pickup and Rodeo, made until Isuzu withdrew from the joint venture in 2003; the Passport for Honda Motors; and this year, the Camry, named 2007 Motor Trend Car of the Year Motor Trend magazine was the first to give a Car of the Year award, doing so to a Chrysler in 1949. It has since expanded the award category to include the Truck and SUV of the Year, awarding these separately from the Car of the Year. . SIA is slated to produce 100,000 Camrys annually on top of its 109,000 Subaru vehicles.

Lafayette Mayor Tony Roswarski can't say enough about what the car plant continues to bring. "Subaru coming to our community truly helped put Lafayette and Tippecanoe County on the global economy map," he says. "The benefits of that initial decision have multiplied over the years, helping to bring growth and prosperity to our community."

Besides "outstanding jobs, benefits and revenue to our community," Roswarski cites the company's support of civic groups and he notes, "they are also an environmental leader."
COPYRIGHT 2007 Curtis Magazine Group, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007 Gale, Cengage Learning. All rights reserved.

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Title Annotation:REGIONAL REPORT: NORTH-CENTRAL
Author:Mayer, Kathy
Publication:Indiana Business Magazine
Date:Aug 1, 2007
Words:322
Previous Article:North-central Indiana update: the region's top business stories.
Next Article:Tipton picked: county gets state-of-the-art GETRAG/Chrysler transmission plant.
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