AUBURN HILLS, Mich.–(Company WIRE)–Teijin Automotive Systems broke floor nowadays to increase the capabilities at its Huntington, Indiana, facility, introducing a topcoat line and assembly spot. These additions improve the capabilities of the company’s Huntington facility, which presently include things like compression molding, bonding, drinking water jetting, sanding, and priming.
Specifically, Teijin Automotive Technologies obtained 30 acres in the new Riverfork West Industrial Centre and will be building a 164,400 square-foot facility on this website to residence a new paint line and assembly capabilities. This facility will be situated throughout Indiana Freeway 9 from the company’s existing 350,000 square-foot manufacturing facility. The new facility is envisioned to be comprehensive, including all gear set up, by December 2023, and will make use of somewhere around 110 men and women when functions get started in April 2024, and a lot more than 200 at comprehensive employment.
“As desire for our impressive, light-weight parts continues to increase, we have the option to include capabilities and ability to meet existing and upcoming customer wants,” mentioned Steve Rooney, Teijin Automotive Technologies CEO, and standard manager of Teijin’s Composites Enterprise Unit. “This internet site close to to our current Huntington facility produced perception simply because there was land out there, and we realized we could entry a qualified workforce. We are grateful for the continued help and collaboration from the financial progress groups from the Condition of Indiana, Huntington County, and the Huntington community.”
Teijin Automotive Systems and its dad or mum business Teijin Constrained are generating an investment of more than $100 million, which includes the land, setting up and tools, to help long run development and keep its competitive edge. The Huntington region was picked for this expansion centered on a variety of variables, together with the availability of a qualified workforce, proximity to a amount of existing and possible customer services in Indiana and encompassing states, and tax credits provided as a result of the Indiana Economic Enhancement Corporation’s EDGE Software (Economic Enhancement for a Rising Overall economy).
About Teijin Automotive Systems
Teijin Automotive Technologies specializes in the enhancement and generation of sophisticated composite elements – like carbon and glass fiber – for the world automotive and transportation industries and is an integral aspect of the Teijin Team of organizations. The corporation is a all over the world leader in composite formulations with a concentrate on offering automakers with light-weight, tough items that enable design and style and packaging versatility. Headquartered in Auburn Hills, Mich., Usa, Teijin Automotive Technologies has 29 operations in 8 nations and employs far more than 5,000 folks. For additional information check out Teijinautomotive.com.
About the Teijin Group
Teijin (TSE: 3401) is a technology-pushed international group presenting state-of-the-art options in the fields of environmental benefit security, stability and disaster mitigation and demographic adjust and enhanced overall health consciousness. Originally proven as Japan’s 1st rayon company in 1918, Teijin has advanced into a distinctive business encompassing 3 core business domains: higher-overall performance resources like aramid, carbon fibers and composites, and also resin and plastic processing, movies, polyester fibers and products changing health care such as pharmaceuticals and residence healthcare devices for bone/joint, respiratory and cardiovascular/metabolic diseases, nursing care and pre-symptomatic healthcare and IT like B2B methods for professional medical, company and public systems as effectively as packaged software package and B2C on the web products and services for electronic entertainment. Deeply committed to its stakeholders, as expressed in the manufacturer assertion “Human Chemistry, Human Solutions,” Teijin aims to be a company that supports the culture of the foreseeable future. The team comprises extra than 170 corporations and employs some 20,000 folks throughout 20 nations around the world throughout the world. Teijin posted consolidated profits of JPY 836.5 billion (USD 7.7 billion) and whole property of JPY 1,036.4 billion (USD 9.5 billion) in the fiscal calendar year that finished on March 31, 2021. For additional details about the Teijin Team go to Teijin.com.