Pictured from left to correct: Huntington County commissioner Rob Miller Marla Foster, symbolizing Indiana Condition Senator Andy Zay Mark Wickersham, govt director Huntington County Economic Improvement Corp. Michael Senerius, main marketing officer, Teijin Automotive Technologies Huntington Mayor Richard Strick Steve Rooney, CEO, Teijin Automotive Systems Linda Walczak, Indiana Economic Enhancement Corp. Chris Crabtree, representing United States Representative Jim Banking companies Jerry Reid, regional functions director, Teijin Automotive Technologies. Image Credit history: Business enterprise Wire)
Teijin Automotive Systems (Auburn Hills, Mich., U.S.) broke ground on May well 12 to increase the capabilities at its Huntington, Ind., facility, including a topcoat line and assembly region. These additions are stated to boost the abilities of the company’s Huntington facility, which presently include things like compression molding, bonding, drinking water jetting, sanding and priming.
Especially, Teijin Automotive Systems purchased 30 acres in the new Riverfork West Industrial Heart and will be developing a 164,400 square-foot facility on this website to dwelling a new paint line and assembly abilities. This facility will be situated throughout Indiana Highway 9 from the company’s present 350,000 sq.-foot manufacturing facility. The new facility is expected to be finish, including all machines installation, by Dec. 2023, and will make use of about 110 persons when functions get started in April 2024, and additional than 200 at total work.
“As desire for our progressive, lightweight factors carries on to improve, we have the prospect to include abilities and ability to meet present and potential buyer desires,” Steve Rooney, Teijin Automotive Systems CEO, and common supervisor of Teijin’s Composites Company Unit, notes. “This site close to to our existing Huntington facility made perception since there was land out there, and we knew we could entry a experienced workforce. We are grateful for the continued help and collaboration from the economic enhancement groups from the State of Indiana, Huntington County, and the Huntington local community.”
Teijin Automotive Systems and its mum or dad business, Teijin Ltd. (Tokyo, Japan), are making an investment of additional than $100 million, together with the land, creating and devices, to assist upcoming growth and maintain its aggressive gain. The Huntington place was picked for this growth primarily based on a number of elements, including the availability of a experienced workforce, proximity to a number of present and prospective customer services in Indiana and surrounding states and tax credits made available by the Indiana Economic Improvement Corporation’s EDGE Program (Economic Development for a Expanding Economic system).