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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowDefense contractor ITT Corp. plans to locate a new avionics repair and testing facility at the Crane Naval Surface Warfare Center southwest of Bloomington, creating more than 220 jobs within six years.
ITT’s Electronic Systems business, based in Clifton, N.J., will invest more than $10 million to develop a regional electronics repair and evaluation hub at the weapons research and development center. The project was announced this morning.
The company said it will begin hiring engineers, technical support staff and managers in April, and the facility should be operational in August.
The Indiana Economic Development Corp. offered ITT up to $1.33 million in performance-based tax credits and up to $175,000 in training grants based on the company’s job creation plans.
ITT already has a significant presence in Indiana. The company’s Communications Systems headquarters in Fort Wayne employs 2,300.
Crane’s fate was up in the air in 2005, when state officials feared the military’s Base Realignment and Closure Commission would recommend closing the facility. Instead, it called for eliminating nearly 700 of its 4,000 jobs – cuts that dwindled to about 100 by the end of the process.
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