Date: March 2nd 2010

Auto Components Maker to Add Hundreds of Jobs in Hammond

HAMMOND, Ind. (March 2, 2010) – Lear Corporation (NYSE: LEA), a global manufacturer of automotive seating and electrical power management systems, announced today that it will expand its operations here, creating more than 285 new jobs by the end of the year.

The company, which designs and manufactures complete seating systems and components for automotive manufacturers, will invest more than $2.2 million to upgrade and adjust equipment at its 110,000 square-foot facility to manufacture seating for the Ford Explorer.

“Out of the many places that Lear could have chosen to site this new production, there’s no doubt that Northwest Indiana was the best choice,” said Governor Mitch Daniels. “Our favorable economic climate continues to draw investment and new jobs to all corners of our state and we’re happy that today Hammond is the beneficiary of good news.”

Lear, a Fortune 500 company, based in Southfield, Mich., currently employs more than 160 associates in Hammond and plans to begin hiring additional manufacturing and supervisory associates immediately as upgrades are completed to the manufacturing lines.

“We have had a very successful operation in Hammond, Ind., serving Ford Motor Company’s Chicago Assembly Plant since the mid-1990s. As a result, Hammond is the perfect location for us to supply seats for the new Ford Explorer that launches at Chicago Assembly later this year,” said Bob Rossiter, Lear’s chairman, chief executive officer and president.

The Indiana Economic Development Corporation offered Lear Operations Corporation up to $1.7 million in performance-based tax credits and up to $57,000 in training grants based on the company’s job creation plans.

Lear’s Hammond location lies within the city’s enterprise zone, qualifying the business and workforce to access exclusive tax incentives; including a loan interest credit, employer and employee wage credits and property tax deductions.

“The city of Hammond and Lear have enjoyed a positive partnership since the plant was built,” said Mayor Thomas M. McDermott, Jr. “Lear was awarded tax abatement status to assist their multi-million dollar expansion in 2004 and 2005. I believe the decision to expand here is a result of the collaborative efforts between Lear and the city. I also believe that they’ve chosen to bring additional jobs to Hammond because of our Northwest Indiana work ethic.”

Lear’s announcement comes just more than a month after packaging products maker, Vector USA announced it would invest approximately $2.9 million to establish a distribution center in neighboring Newton County, creating up to 50 new jobs by 2010.

About Lear Operations Corporation
Lear Corporation is one of the world's leading suppliers of automotive Seating and Electrical Power Management systems. The Company's world-class products are designed, engineered and manufactured by a diverse team of 75,000 employees at 197 facilities in 35 countries. Lear's headquarters are in Southfield, Michigan, and Lear is traded on the New York Stock Exchange under the symbol . Further information about Lear is available on the Internet at

About IEDC
Created by Governor Mitch Daniels in 2005 to replace the former Department of Commerce, the Indiana Economic Development Corporation is governed by a 12-member board chaired by Governor Daniels. Mitch Roob serves as the chief executive officer of the IEDC. For more information about IEDC, visit

About the city of Hammond
The City of Hammond, Department of Planning and Development, Mayor’s Office of Economic Development and nonprofit Hammond Urban Enterprise Association together offer qualified businesses opening or expanding Hammond-based operations several types of assistance. These include tax credits and incentives for construction and expansion. Incentives are also available for employee training, employment expenses, equipment purchases and upgrades. Find more information at or

Media Contacts:
Mel Stephens (Lear) – 248.447.1624 or
Blair West (IEDC) – 317.232.8873 or
Pat Reardon (HUEA) – 219.853.6512 or

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