MUNCIE, Ind. – November 04, 2026 -- Astemo plans to invest more than $11 million in its Muncie manufacturing operations, adding injection molding capacity and a new assembly line for intake manifolds serving both internal combustion engine (ICE) and hybrid electric vehicle (HEV) applications.
New assembly line is scheduled to start production in March 2027
The line is expected to create up to nine new jobs within the next three years. The program covers additional injection molding capacity alongside the assembly line, and the manifolds will serve both ICE and HEV platforms.
Muncie City Council approves five-year tax abatement for the program
Alejandro Navarro Lopez, Astemo Americas Vice President of Operations, said the council recently approved the five-year abatement. He credited the Economic Development Alliance and the Muncie community for their support.
Traci Lutton, vice president of Economic Development at the Economic Development Alliance of Muncie-Delaware County, said manufacturers with national and global footprints continually evaluate where to place future production and investment.
Muncie plant, established in 1999, employs about 188 people
Nearly 70 percent of the facility's workforce lives in Muncie. Astemo is headquartered in Tokyo and is a joint venture of Hitachi, Ltd., Honda Motor Co. and JIC Capital, Ltd. It employs 80,000 people worldwide.