In this economic slow down/recession, good news from our industry are too rare. Vance & Hines motorcycles is known for spinning its wheels on the drag strip. Vance & Hines, which competes on the National Hot Rod Association’s motorcycle drag racing circuit with its Harley-Davidson motorcycles also makes high-performance motorcycle parts, including very well known exhaust systems. The company plans to invest $4 million to construct a 66,000-square-foot building on four acres just north of its current site on Northfield Drive in Brownsburg’s industrial park. For the third time in five years, the company will expand its facilities, adding 20 to 30 jobs to its 41-person work force by 2011. In the past five years, at least 25 race teams have located in Brownsburg. They include some of the biggest names in drag racing, such as John Force, Don Prudhomme and Don Schumacher. The Indiana Economic Development Corp. offered the company up to $215,000 in performance-based tax credits and $7,500 in training grants to help foster the expansion. The town of Brownsburg likely will also offer a 10-year tax abatement on the land. Vance & Hines.