Lucas oil moving to Indy

Tom Meyer · 11-09-2024, 08:45 AM

Automotive lubricant company Lucas Oil Products this month will publicly debut its new corporate headquarters next to Keystone at the Crossing, after buying a building adjacent to the office park last year.

The company, whose name adorns the Indianapolis Colts? downtown stadium, is relocating its main base from Corona, California where it has been located since its founding in 1989 to Indianapolis. The new headquarters is a two-story office building at 3610 River Crossing Parkway, north of the Fashion Mall at Keystone and immediately south of Interstate 465.

An affiliate of the firm acquired the 16-year-old building in August 2023 for $9.5 million. Lucas Oil Products has spent about $30 million on its operations in the state since 2020, including an unspecified amount to renovate the building. A portion of that investment went toward the company's new grease plant in Corydon that opened this year.

This transition to Indianapolis just makes sense for Lucas Oil. Indianapolis is not only home to our family, but most importantly, Indiana makes sense for us to do business in, Morgan Lucas, CEO of Lucas Oil Products, said in written responses to questions from IBJ.

Our headquarters was based in Corona for 33 years, and due to various factors it was time for us to relocate and consolidate our locations within Indiana, Lucas said. Moving our headquarters across the country was not a decision we made lightly, but we felt like this was the best place for us to continue to grow our efforts as a business while providing a great quality of life for our team.

Lucas Oil primarily sells engine oils, additives and lubricants for a variety of users ranging from everyday drivers to motorsports teams, motorcyclists, agricultural workers and boat owners, with more than 300 products.

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Adger Smith · 11-09-2024, 09:10 AM

Looks to be only about 15 miles from the track, as the crow flies...Interesting move....

Kevin Panzino · 11-09-2024, 10:14 AM

Makes perfect sense given that locations connection with Motorsports and the family originally being from there.
Also, I don't blame any company for moving out of CA.
I'd rather have a business in Guam than in CA nowadays.

11-09-2024, 08:45 AM	#1
Tom Meyer Senior Member Join Date: Aug 2003 Location: Pierce NE Posts: 934 Likes: 75 Liked 351 Times in 120 Posts	Lucas oil moving to Indy Automotive lubricant company Lucas Oil Products this month will publicly debut its new corporate headquarters next to Keystone at the Crossing, after buying a building adjacent to the office park last year. The company, whose name adorns the Indianapolis Colts? downtown stadium, is relocating its main base from Corona, California where it has been located since its founding in 1989 to Indianapolis. The new headquarters is a two-story office building at 3610 River Crossing Parkway, north of the Fashion Mall at Keystone and immediately south of Interstate 465. An affiliate of the firm acquired the 16-year-old building in August 2023 for $9.5 million. Lucas Oil Products has spent about $30 million on its operations in the state since 2020, including an unspecified amount to renovate the building. A portion of that investment went toward the company's new grease plant in Corydon that opened this year. This transition to Indianapolis just makes sense for Lucas Oil. Indianapolis is not only home to our family, but most importantly, Indiana makes sense for us to do business in, Morgan Lucas, CEO of Lucas Oil Products, said in written responses to questions from IBJ. Our headquarters was based in Corona for 33 years, and due to various factors it was time for us to relocate and consolidate our locations within Indiana, Lucas said. Moving our headquarters across the country was not a decision we made lightly, but we felt like this was the best place for us to continue to grow our efforts as a business while providing a great quality of life for our team. Lucas Oil primarily sells engine oils, additives and lubricants for a variety of users ranging from everyday drivers to motorsports teams, motorcyclists, agricultural workers and boat owners, with more than 300 products. Story Continues Below __________________ Tom Meyer 5240 SS Stock ???

11-09-2024, 09:10 AM	#2
Adger Smith VIP Member Join Date: Dec 2001 Location: Texarkana Ark/TX Posts: 2,446 Likes: 575 Liked 880 Times in 311 Posts	Re: Lucas oil moving to Indy Looks to be only about 15 miles from the track, as the crow flies...Interesting move.... __________________ Adger Smith (Former SS) Last edited by Adger Smith; 11-09-2024 at 09:11 AM. Reason: sp

11-09-2024, 10:14 AM	#3
Kevin Panzino Senior Member Join Date: Oct 2002 Location: Pittsburgh Posts: 574 Likes: 297 Liked 747 Times in 136 Posts	Re: Lucas oil moving to Indy Makes perfect sense given that locations connection with Motorsports and the family originally being from there. Also, I don't blame any company for moving out of CA. I'd rather have a business in Guam than in CA nowadays.