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JAMESTOWN, Ind. (Sept. 12, 2014) – It’s just a symbolic groundbreaking, but in this town, it means an awful lot.

On Friday, state and local officials joined  executives from Fukai Toyotetsu Indiana Corporation (FTIC) to announce the company’s plans to build a new auto parts plant in Jamestown, bringing up to 195 jobs to Boone County by 2017.

“It’s kind of a Cinderella story for a small town to get a building project of this size,” said town council president Bryce Huckstep.

Indeed it will be big- some 151,000 square feet on 40 acres of land just south of I-74.

And for a town that just lost its post office, news like this is a welcome boost.

“Yeah we’ve had our setbacks,” said Huckstep. “But today we’re looking forward. We have a vision for the future and FTIC’s a very important part of that.”

“These will be great jobs,” said Lt. Gov Sue Ellspermann, who attended Friday’s groundbreaking. “They will offer great opportunities for citizens and a future for the next generation of Jamestown residents who want to continue to live and grow here.”

“It’s a tremendous opportunity for local residents to have a good paying job locally and not have to drive very far away,” said Huckstep.

As part of the deal, the state’s economic development corporation offered the company up to $1.15 million in conditional tax credits. Company officials hope to have the plant operational by the spring of 2016.