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The homegrown-Hoosier company will invest $3.9 million to equip its 250,000 square-foot headquarters facility at 801 Edwards Drive. Acquiring Brad Penn Lubricants last year, the company plans to begin producing Brad Penn high-performance oils in Indiana in April, helping the company gain a greater presence in the motorsports industry.
“Doing business in Indiana is like operating a well-oiled machine,” said Eric Doden, president of the Indiana Economic Development Corporation. “We’ve built a business climate in Indiana that allows companies like D-A Lubricant to expand with ease, helping Indiana lead the nation in manufacturing job growth.”
D-A Lubricant, which currently employs 130 full-time associates, including more than 100 in Indiana, has already begun hiring for office, administrative, manufacturing and warehouse positions. Interested applicants may visit www.dalube.com for career opportunities.
“We considered our options when we were faced with the challenge to expand our production capabilities,” said Mike Protogere, chief executive officer of D-A Lubricant Company. “We chose to continue our growth in Lebanon, Indiana primarily for its outstanding business environment, a strong pool of local talent, geographic location and the support we received from the state and local officials. We’re excited for the future and continued growth in Lebanon, Indiana.”
Founded in 1919, D-A Lubricant supplies lubricants to the heavy duty, automotive, industrial and original equipment manufacturer markets. The company offers a complete line of performance-engineered products and services to keep equipment at maximum operating efficiency. D-A Lubricant operates distribution facilities in six states and ships lubrication products around the world.
The Indiana Economic Development Corporation offered D-A Lubricant, Inc. up to $100,000 in conditional tax credits and up to $100,000 in training grants based on the company's job creation plans. These tax credits are performance-based, meaning until Hoosiers are hired, the company is not eligible to claim incentives. The city of Lebanon approved additional incentives at the request of the Boone County Economic Development Corporation.
“I’m thrilled D-A Lubricant is expanding its operation in Lebanon,” said Lebanon Mayor Huck Lewis. “D-A Lubricant relocated to Lebanon looking for a friendly business environment and quality rail service in 2011. The company’s needs were met, and long-lasting relationship was formed. It’s great to see this quality partnership leading to the growth of a quality Lebanon business. We look forward to continued bright future of D-A Lubricant.”
Items ranging from baked goods to automotive parts are all manufactured in Indiana. D-A Lubricant’s news follows announcements from Maplehurst Bakeries just last year that it plans to expand warehouse, distribution and manufacturing operations for its baked goods in Lebanon, creating 219 new jobs over the next few years and news from Japan-based Fukai Toyotetsu Indiana Corporation that it plans to locate manufacturing operations in nearby Jamestown, creating up to 195 new jobs by 2017.
NOTE: A high-resolution copy of the company's logo can be found here.
About D-A Lubricants
D-A Lubricant Company, Inc., is a privately owned heavy duty, and industrial lubricant compounder/blender. The company offers a broad line of products and services to U.S. and international end-users, select distributors and Original Equipment Manufacturing (OEM). D-A also provides technical assistance, proprietary tribology formulation and fluid testing capabilities. D-A Lubricant Company, Inc. was founded in 1919 and has its world headquarters in Lebanon, Indiana with additional distribution strategically located throughout the continental United States as well as an international presence.
More information about D-A Lubricant Company, Inc. can be found at www.dalube.com.
About IEDC
Created in 2005 to replace the former Department of Commerce, the Indiana Economic Development Corporation is governed by a 12-member board chaired by Governor Mike Pence. Victor Smith serves as the Indiana Secretary of Commerce and Eric Doden is the president of the IEDC.
The IEDC oversees programs enacted by the General Assembly including tax credits, workforce training grants and public infrastructure assistance. All tax credits are performance-based.Therefore, companies must first invest in Indiana through job creationor capital investment before incentives are paid. A company who does not meet its full projections only receives a percentage of the incentives proportional to its actual investment. For more information about IEDC, visit www.iedc.in.gov.
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Media Contacts:
Bryan Brackemyre (D-A Lubricants) – 317.681.7383 or [email protected]
Katelyn Prentice (IEDC) – 317.234.2294 or [email protected]
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