A Lafayette manufacturer is expanding with a new product line. Voestalpine Rotec is installing $1.4 million in new equipment, so it can make air bag propellant tubes.
President Andrew Ball says the demand comes from the world’s leading supplier of automotive safety restraint systems. He says the company is an existing customer.
Ball says hiring for the ten new positions will begin soon. The two new production lines are expected to be operating in June.
Voestalpine Rotec is not seeking a tax abatement on the new equipment. Ball says the tight turnaround schedule did not allow time to sufficiently file and process the paperwork with the Tippecanoe County Council.