WEST LAFAYETTE — A global defense and security company will be opening its new advanced manufacturing production facility in Indiana.
Saab made the announcement at Purdue University on Wednesday. The company's President and CEO was joined by Indiana Governor Eric Holcomb, Purdue University President Mitch Daniels.
The company will be creating up to 300 new jobs in the state, with hiring starting in 2020.
“Indiana has long been a national leader in manufacturing, and today’s announcement demonstrates the Hoosier state continues playing a key role in propelling the industry forward by attracting investment from around the globe,” Gov. Holcomb said. “Saab’s decision to fuel its United States growth in West Lafayette is a testament to the state’s pro-growth business climate, strong aviation and defense sectors, and commitment to fostering innovation by collaborating with our renowned universities and businesses to solve 21st century challenges.”
Saab's West Lafayette facility will manufacture a significant portion of the T-X advanced pilot training aircraft, developed and manufactured by Boeing and Saab, which will be used to train future U.S. Air Force pilots.
The company plans to invest $37 million to locate and build its workforce in West Lafayette.
“This is a historic moment for Saab,” said President and CEO of Saab, Håkan Buskhe. “After careful consideration, we have chosen West Lafayette, thanks to the visionary leadership of both the state of Indiana and the world-leading Purdue University. Today’s announcement is a part of our growth strategy in the United States and deepens our relationship with the U.S. customer. We see great possibilities here for this facility and our partnerships.”
Construction for the new facility will begin in 2020 at the Discovery Park District.
“Purdue’s strong history in aircraft research and development makes Saab’s choice a natural fit,” said Purdue President Mitch Daniels. “But the even tighter fit is with our Discovery Park District concept. Saab’s investment will bring more cutting-edge research partnerships for our faculty, more high value employment and internship opportunities for our graduates and more jobs and economic vitality for our neighbors.”
You can watch the press conference from the announcement below.