Aisin Automotive Casting Tennessee, Inc. Announces New Investment In Clinton Facility
Tennessee Economic and Community Development Commissioner Bill Hagerty along with Aisin Holdings of America, Inc. executives have announced the companyâ€™s plans to invest $53.8 million in Aisin Automotive Casting Tennessee, Inc., a subsidiary operating in Clinton, TN. The companyâ€™s second major business expansion since locating in Tennessee in 2004 will create 81 new jobs over the next two years in Anderson County.
â€śThe strength of Tennesseeâ€™s automotive sector is a direct result of the dedication and hard work put forth by the 900 auto manufacturers and suppliers who call Tennessee home,â€ť Hagerty said. â€śI appreciate Aisinâ€™s decision to invest further in Tennessee and thank the company for its continued confidence in our quality workforce.â€ť
â€śWith the increasing sales of engine components in North America, the role of our plant here in Clinton becomes even more important to the overall business expansion of the Aisin Group,â€ť Stephen Barnes, president of Aisin Automotive Casting Tennessee, Inc., said. â€śThe dedication of our team members along with the continued support from the Tennessee Department of Economic and Community Development and TVA has provided this opportunity for Aisin to continue another stage of growth here in Anderson County.â€ť
The Clinton operation is a full-process, die casting facility that includes casting, machining and assembly to produce engine components such as water pumps, oil pumps and pistons that will be installed in automobiles produced by Aisin customers located throughout North America.Â The additional equipment investment will support both increased customer demand and new products secured for future models.
â€śCongratulations to Aisin Automotive Casting on their latest expansion, which brings new investment and more jobs for local community residents,â€ť John Bradley, TVA senior vice president of Economic Development, said.
â€śAisin has been a solid corporate citizen since locating in 2004, and this is another sign that our automotive parts manufacturing sector is thriving in Clinton,â€ť Clinton Mayor Scott Burton said. â€śThanks again to our partners at the state of Tennessee, TVA and Clinton Utilities Board for their support of existing industries.â€ť
â€śAisinâ€™s continued expansion is the result of hard work, dedication and commitment, and Anderson County is extremely proud to have them in our community,â€ť Anderson County Mayor Terry Frank said. â€śAisin has been an outstanding supporter of our local community and we canâ€™t thank them enough. We are grateful for the assistance provided by the Tennessee Department of Economic and Community Development and TVA over the years that has contributed to their success.â€ť