Allegion to grow Indy presence, add jobs
INDIANAPOLIS (Inside INdiana Business) — Ireland-based Allegion plc (NYSE: ALLE) has announced plans to grow the central Indiana footprint of its Schlage Lock Co. LLC subsidiary. The security products and solutions provider says it will invest $13 million to enhance its manufacturing and engineering capabilities in Indiana, and create up to 325 jobs by the end of 2026.
Allegion, which has its Americas regional headquarters in Carmel, says the effort also includes the expansion of its IT and innovation presence in the region.
“Since becoming a standalone company, we’ve also been proud to call Indiana the home of our Americas regional headquarters – and we added to our presence with the opening of our Hague Road Technical Center in 2019,” said Luis Orbegoso, president of Allegion Americas. “Now, we look forward to the next chapter of innovating and creating in Indiana to support our global vision of seamless access and a safer world.”
Allegion currently employs some 1,300 workers in central Indiana. The company says it is hiring for a variety of roles, which interested candidates can learn about by clicking here.
The Indiana Economic Development Corp. plans to offer Allegion up to $7.6 million in conditional tax credits and training grants, which the company will not be eligible to claim until Hoosier workers are hired for the new jobs.
“Allegion is a prime example of how companies continue to innovate and set a new technology standard within an established industry, like the lock and security field,” said Indiana Secretary of Commerce Brad Chambers. “The energy this growth brings to central Indiana will help reaffirm Indiana’s strong reputation as a great state for high-growth innovation and the best workforce in America.”
The incentives are still subject to approval by the IEDC Board of Directors.