On March 10, 2016 GKN Sinter Metals cut a ribbon in celebration of their new machining line. With this new line, GKN Sinter Metals will be making a 10 speed rear transmission part for Ford and GM.
“In order to continually increase our sales, we not only need to find replacement for our existing business but also grow in our core products groups” stated Plant Manager, Jai Perumal.
The ribbon cutting was attended by Peter Oberparleiter, CEO of Powder Metallurgy; Abdul Butt, President of Americas along with the regional Leadership Team.
Also present were representatives from State, County and City to mark the important milestone.
Over the last 4 years, GKN Sinter Metals, Salem has created a lot of high skilled jobs and continues to grow through advanced manufacturing.
The new machining line will help to maintain the current employment level and offer higher paying, high skilled jobs to more than 400 employees.
GKN Sinter Metals has more than 30 facilities in 13 countries across 5 continents and is the leader in Powder Metallurgy.
“Proposed tax abatements, Duke Energy economic development incentives, grant funds provided by Radius and training grants offered by the Indiana Economic Development Corporation, we were able to show support of this project not only on the local level, but on a regional and state level as well” added Sabrina Burdine, WCEGP Executive Director.