Lebanon, Ind. – D-A Lubricant Company, Inc., a manufacturer and distributor of automotive lubricants, has announced plans to install a new production line at their headquarters in the Lebanon Business Park.
“This is the third time since locating in Lebanon that D-A Lubricant Company has expanded,” said Lebanon Mayor Matt Gentry. “We are excited that D-A Lubricant has found great success in the Lebanon Business Park, and look forward to their continued growth as a great community partner.”
D-A Lubricant estimates a $4.6 million personal property investment for the installation of the new production line.
“D-A Lubricant is a major sponsor of many racing related events, and we are proud to have a local company represent Boone County on a national and international stage,” said Boone County Economic Development Corporation Executive Director Molly Whitehead. “Automotive manufacturers are target industries for Boone County, and we look forward to attracting more fast-growing companies like D-A Lubricant to our community.”
The expansion is scheduled to be completed within the next year.
About the Boone County Economic Development Corporation
The Boone EDC leads economic development efforts in Boone County by cultivating business, workforce and quality of life initiatives. The Boone EDC works alongside elected officials, business leaders and consultants to advance Boone County’s economic development goals locally, nationally and internationally. For more information, visit www.betterinboone.org.
How many new jobs?
Hi Cindy. No new jobs were involved with this deal.