Zipp expanding operations in Indiana (press release)

Posted by Neil on Jan 28, 2010 in Cycling News | 0 comments

Indiana Governor Mitch Daniels joined executives of Zipp Speed Weaponry today to announce that the company will expand its design and manufacturing operations, creating 105 new jobs by 2013.

The company, which designs and manufactures wheels, bars and accessories for racing bicycles, will invest $12.4 million to construct a new 70,000 square-foot manufacturing and customer service center on the city’s northwest side.

“Despite what we are experiencing in the national and global economy, there are great companies, like Zipp, that are continuing to grow and invest in Indiana,” said Daniels. “Businesses are recognizing that Indiana is the place with a friendly environment for business and the new jobs being created by Zipp are evidence of that.”

Zipp, has over 50% of its sales outside of the United States, currently employs nearly 130 Hoosier associates at its manufacturing and design operations in Speedway. Zipp plans to begin hiring additional manufacturing and customer support associates in the second quarter of 2010 in preparation for commencement of operations at the new facility in July.

“Zipp Speed Weaponry has its roots in innovation; our growth is driven by it. We are known for creating new products, and even new markets, within the cycling industry. Because Indiana offers an innovative, business-friendly climate with a great workforce, we decided to expand our HQ and manufacturing operations in Indianapolis. We sincerely appreciate the support from both the city and state. We are pleased that the community recognizes our growth potential and we are very excited to continue our partnership,” said David Campbell, director of manufacturing at Zipp Speed Weaponry.

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