JASPER, IN — Jasper Engines & Transmissions has purchased the assets of a former remanufacturer of gas and diesel engines. A letter of intent has been signed to purchase the 83,000-square-foot engine remanufacturing plant in Willow Springs, Mo. The plant, located approximately 60 miles east of Springfield, has been closed since December of 2003.
Jasper plans to restart the plant by July 5th, producing 40 to 45 gas engines a day, and will expand into producing transmissions. The company said it will make significant upgrades to the facility and equipment in the first 120 days.
“Due to the great support and sales success of Japer’s many independent repair facilities that sell our products, the demand for our products is at an all time high. The opportunity to develop the Willow Springs remanufacturing facility is definitely a win-win for our many loyal customers and the community,” said Tom Schrader, vice president of marketing and strategic development.
Over the last several years, Jasper Engines & Transmissions has aggressively added new branch offices in the U.S. and today is coast to coast with 34 branch and distribution facilities. “Although the last several years have been quite tough for all, we have worked very hard to continue our tradition of 62 years with no layoffs. We are proud of our people and our customers,” said Schrader.
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