Birmingham Business Journal
"Shelby County nabs Jasper Engine facility"
Jasper Engines & Transmissions is building a facility in Alabaster to distribute its remanufactured engine drive train components on four acres in Shelby West Corporate Park, joining a growing number of distribution companies in the industrial park.
Based in Jasper, Ind., the company is said to be the largest remanufacturer of engines and components in the country.
Birmingham's Sherrod Building Co. is constructing a 10,000-square-foot facility for the company that will employ up to 12 people.
Jasper did not return phone calls by press time.
The company has not released its capital investment figures for the Alabaster location.
A building permit was issued to Sherrod for $725,000 to build the facility on Airview Lane. The park is north of the Shelby County Airport and west of Interstate 65.
The 320-acre Shelby West Corporate Park is currently home to other large companies that are able to take advantage of the interstate access and close proximity to three of the state's automobile manufacturers - Honda Manufacturing of Alabama LLC, Mercedes-Benz U.S. International Inc. and Hyundai Motor Manufacturing Alabama LLC.
Other companies in the park include: AGC Automotive Americas, Hardwoods Inc. of Alabama, Thompson Tractor Co. Inc., Ditch Witch of Alabama, Armstrong Relocation, National Scouting Report and BTC Wholesale Distributors Inc.
A 250,000-square-foot speculative building, which was built by Birmingham's EGS Commercial Real Estate Inc., also operates there and currently is half leased.
Of the 320 acres in the Shelby County-owned industrial park, 215 are still available, said James Dedes, executive director of the Shelby County Economic and Industrial Development Authority.
"A new Jasper Engines & Transmissions distribution facility at Shelby West Corporate Park will benefit from very good access to Interstate 65," Dedes said."This project will create new jobs in Shelby County and increase the cluster of distribution companies at Exit 234, which will attract more businesses to this area."
Dedes said the county's economic development authority has been working for several years for this project to come to fruition.
According to its Web site, Jasper Engines was founded in 1942 by the owner of a Ford dealership in Jasper, Ind.
Annually, the company produces 75,000 gas engines, 65,000 transmissions, 5,500 diesel engines, 5,000 differentials and rear axle assemblies and 1,200 stern drives.
Remanufacturing is conducted in a 367,000-square-foot facility in Jasper and in a same-sized facility in Crawford County, Ind., about 40 miles from each other.
The company employs 1,900 associates and distributes products from 36 branch and distribution locations across the country.
The company also is involved in NASCAR racing and supplied the transmissions and differentials for the 2007 season to two cars in the Nextel Cup Series and one in the Busch Series. Through its partnership with Penske Corp., engines were built for all three teams by Penske Jasper Engines in Concord, N.C.
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