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Article: Central Indiana update: the region's top business stories.(Festool headquarter moves to Lebanon)(NSK Corp moves to Franklin)(Integrity Biofuels begins production at Morristown)
- Article from:
- Indiana Business Magazine
- Article date:
- April 1, 2006
- Author:
CopyrightCOPYRIGHT 2006 Curtis Magazine Group, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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CENTRAL INDIANA IS welcoming two new corporate headquarters to the state: Germany-based FESTOOL is moving its U.S. headquarters from California to Lebanon, and NSK Corp. moved from Chicago to Franklin.
A power-tool manufacturer, FESTOOL is building a $2 million headquarters and training center to employ 30 in the Lebanon Business Park, reports Kristie McKillip, Boone County Economic Development Corp. executive director.
NSK Corp. built its $1 million office and training center last summer, joining its NSK Precision America plant in Johnson County and bringing combined employment to 400. The company makes precision ball screws and linear guides.
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