“Indiana leads the nation in advanced manufacturing, and Rolls-Royce has been an integral part of our state’s industry for the past 100 years,” said Indiana Governor Mike Pence. “As the company evaluates its future and looks to remain competitive across the globe, Rolls-Royce is choosing the State of Indiana for this investment because Indiana offers the business-friendly climate needed to succeed. Today’s news is evidence that Indiana is a state that works for business, and it signifies the company’s commitment to our state and to Hoosiers for years to come.”

“Indianapolis has emerged as a global competitor in technology and advanced manufacturing, and Rolls-Royce has played an important role in that growth,” said Indianapolis Mayor Greg Ballard. “This is an internationally-renowned company that could have chosen to invest anywhere on the map, and I am very proud that they selected Indianapolis. I look forward to our community’s continued partnership with Rolls-Royce as they engage our talented workforce and use their upgraded facility to raise the bar in aerospace technology.”

“During our long relationship with Rolls-Royce, the UAW has always been committed to being part of the solution for our next century of innovation at our manufacturing operations. This investment, coupled with the most skillful women and men in the world, enables us to be competitive on a global level for decades to come,” said Frank Poynter, Bargaining Unit Chairman, UAW Local 933, Indianapolis.

As part of the agreement to make the investment, Rolls-Royce will receive approximately $35 million in State and City incentives. They include conditional tax credits and a skills enhancement grant through the Indiana Economic Development Corporation (IEDC), both of which have been approved by the IEDC Board of Directors. Rolls-Royce and the City have agreed in principle to amend Rolls-Royce’s existing real and personal property tax abatement agreement, and final approval is pending before the Metropolitan Development Commission. All of these incentives apply to the facility investment and technology development that will be incorporated into future Rolls-Royce products.

Renovation of the existing buildings will begin immediately. Special project teams are implementing modernization plans while continuing to support our global customer base. For 100 years, Rolls-Royce and its predecessor companies have been engineering, designing and manufacturing advanced technology in the city of Indianapolis. Today, Rolls-Royce employs 4,000 people in Indianapolis, with 1,050 working in production and nearly 1,400 engineers. Economic modeling studies show that aerospace and advanced manufacturing are highly beneficial to local economies, with data showing for every one person employed directly, another two jobs are created in the community – the multiplier effect.