INDIANAPOLIS (Feb. 25, 2016) – Allegion plc (NYSE: ALLE), a leading global security products and solutions provider, today announced its Indiana security company Schlage Lock Company LLC plans to grow its Indianapolis operations, creating up to 158 new jobs by 2020.
“Three years ago I joined executives from Allegion as they announced plans to establish Carmel as its North American headquarters, and I’m excited to see that growth continue here in Indiana,” said Governor Mike Pence. “In the Hoosier state, businesses benefit from fiscal predictability, allowing them to expand and create jobs with confidence. Today, more Hoosiers are going to work than ever before in our state’s 200-year history thanks to companies like Allegion that recognize Indiana is a state that works for business.”
The company will invest more than $13 million to grow its manufacturing and R&D capabilities in Central Indiana over the next five years. Allegion will renovate and add new equipment to its Indianapolis manufacturing and research locations to increase production of Von Duprin®, Ives®, Falcon® and Glynn Johnson® products like exit devices, electronic access control solutions and hardware accessories for commercial buildings. The company will also enhance its engineering capabilities to continue offering customers innovative security solutions.
Schlage Lock Company LLC currently employs more than 500 employees in Marion County. The company will add 125 new manufacturing, assembly and management positions on Indianapolis’ east side, as well as 33 new R&D positions on the northeast side over the next five years. Many new positions are expected to offer salaries that are above the state’s average wage. Interested applicants should visit Allegion’s careers site to learn more about job postings and to apply online.
“There’s no question that Indiana has a talented workforce with quality, skilled and professional workers who can help Allegion drive innovation and create leading solutions in the global safety and security industry,” said Tim Eckersley, Allegion senior vice president and president of the Americas. “We’re proud of the strong heritage we’ve built through our Von Duprin production facilities in Indianapolis, and we look forward to offering more engineering and manufacturing job opportunities to Hoosiers as we continue to grow.”
Allegion, which spun off from Ingersoll Rand as an independent, publicly traded operation in 2013, produces around-the-doorway security products for residential and commercial markets to provide safety at the places where people live, work and thrive. Many of Allegion’s innovative solutions combine mechanical security with digital, mobile and interconnected electronic capabilities. The company sells more than 25 brands, including CISA®, Interflex®, LCN®, Schlage® and Von Duprin® in nearly 130 countries across the globe.
The Indiana Economic Development Corporation (IEDC) will consider performance-based incentives based on the company’s job creation plans. The city of Indianapolis will also consider additional incentives.
Indiana is home to the highest concentration of private-sector manufacturing jobs in the nation. The Hoosier state has added the second-most manufacturing jobs (+91,800) in the country since July 2009, growing at a rate of 21.5 percent.
Allegion (NYSE: ALLE) is a global pioneer in safety and security, with leading brands like CISA®, Interflex®, LCN®, Schlage® and Von Duprin®. Focusing on security around the door and adjacent areas, Allegion produces a range of solutions for homes, businesses, schools and other institutions. Allegion is a $2 billion company, with products sold in almost 130 countries. For more, visit www.allegion.com.
The Indiana Economic Development Corporation (IEDC) leads the state of Indiana’s economic development efforts, focusing on helping companies grow in and locate to the state. Governed by a 12-member board chaired by Governor Mike Pence, the IEDC manages many initiatives, including performance-based tax credits, workforce training grants, public infrastructure assistance, and talent attraction and retention efforts. For more information about the IEDC, visit www.iedc.in.gov.
- 30 -
Maria Pia Tamburri (Allegion) – 317.810.3399 or
Abby Gras (IEDC) – 317.232.8845 or