PROFormance Powertrain Products announces expansion in Springfield; 131 new jobs| 11 years ago
PROFormance Powertrain Products, a subsidiary of LKQ Corporation, announced plans to expand its engine remanufacturing production facility in Springfield. Once completed, the facility will add 131 new jobs to PROFormance’s existing workforce of 100 employees. The company expects wages for the jobs created to be above the county average of $33,924 and will include a comprehensive benefits package.
In addition, the Springfield community will benefit from the company’s anticipated capital investment of $1.7 million with the purchase of new machinery and equipment purchases required to complete the expansion.
“We are pleased to have been able to assist PROFormance Powertrain expand in the community,” said Springfield Area Chamber of Commerce President Jim Anderson. “Our community is privileged to have such a strong manufacturing base and we are excited to see manufacturing continue to grow.”
“LKQ is very excited about expanding PROFormance’s production capabilities and adding to our existing workforce in Springfield, it’s truly a win-win for our company and for the local community,” said LKQ’s Director of Investor Relations Joseph Boutross.
The hiring of new PROFormance Powertrain employees for the expansion is planned to start by the end of the second quarter of 2011. The company will receive workforce training assistance from Ozarks Technical Community College.
PROFormance Powertrain has been in Springfield since 1959 and ships over 1,000 remanufactured engines and transmissions each month to professional parts distributors and installer customers throughout North America.
Springfield has one of the most competitive utility rates in the state and nation, making it a prime location for manufacturing facilities like PROFormance Powertrain. Recent expansion announcements by John Deere Reman, Digital Monitoring Products, and American Products provide additional evidence the manufacturing sector has the right elements to continue to grow in the Springfield region.
About Springfield Area Chamber of Commerce
The Springfield Area Chamber of Commerce is a private, voluntary, not-for-profit organization of business and professional people dedicated to improving the economic environment of Springfield, Missouri, and the surrounding area. The Chamber’s subsidiary, the SBDC is a partnership team that is prepared to help streamline business development. The SBDC provides assistance with customized workforce training, utility rate comparisons, or tax credits and abatements through the state and local programs.
About LKQ Corporation
LKQ Corporation is the largest nationwide provider of aftermarket and recycled collision replacement parts, refurbished collision replacement products such as wheels, bumper covers and lights, and a leading provider of mechanical replacement parts including remanufactured engines, all in connection with the repair of automobiles and other vehicles. LKQ operates more than 325 facilities, offering its customers a broad range of replacement systems, components and parts to repair automobiles and light, medium and heavy-duty trucks. LKQ’s operations include locations in Canada, Mexico and Central America.