LAKEVILLE – Hoosier Racing Tire has announced an $8 million project to add 37,000 square feet of production space to its manufacturing plant in Plymouth. When finished, 20 new jobs will be created.
As part of the financing package, the city of Plymouth has provided tax abatement and the Indiana Economic Development Corp. is providing $140,000 in tax credits.
Hoosier Racing Tire is the largest manufacturer of racing tires in the world. It has more than 400 employees.