Teijin Automotive Technologies breaks ground for Huntington, Indiana, facility expansion

Specially, Teijin Automotive Systems acquired 30 acres in the new Riverfork West Industrial Center and will be constructing a 164,400 square-foot facility on this web page to residence a new paint line and assembly capabilities. This facility will be situated across Indiana Freeway 9 from the company’s present 350,000 square-foot production facility. The new facility is envisioned to be full, including all tools set up, by December 2023, and will make use of roughly 110 folks when functions begin in April 2024, and extra than 200 at entire work.

“As demand from customers for our ground breaking, lightweight factors continues to increase, we have the option to insert abilities and capability to meet present-day and potential shopper requirements,” reported Steve Rooney, Teijin Automotive Technologies CEO, and typical manager of Teijin’s Composites Business enterprise Device. “This web page close to to our present Huntington facility made feeling mainly because there was land available, and we knew we could obtain a proficient workforce. We are grateful for the ongoing assist and collaboration from the financial progress teams from the State of Indiana, Huntington County, and the Huntington group.”

Teijin Automotive Systems and its parent corporation Teijin Minimal are generating an financial commitment of far more than $100 million, such as the land, constructing and gear, to guidance foreseeable future advancement and keep its aggressive edge. The Huntington spot was chosen for this growth dependent on a selection of components, like the availability of a expert workforce, proximity to a amount of recent and opportunity consumer services in Indiana and encompassing states, and tax credits offered via the Indiana Economic Improvement Corporation’s EDGE Application (Financial Advancement for a Expanding Economy).