Aisin Drivetrain Investing $16M In Crothersville, Indiana Expansion

The Japan-owned manufacturer of automotive and heavy equipment parts will expand its Crothersville, IN operations, creating nearly 50 jobs.


https://businessfacilities.com/2018/02/aisin-drivetrain-investing-16m-crothersville-indiana-expansion/
The Japan-owned manufacturer of automotive and heavy equipment parts will expand its Crothersville, IN operations, creating nearly 50 jobs.
Facebooktwittergoogle_plusredditpinterestlinkedintumblrmail

Aisin Drivetrain Investing $16M In Indiana Expansion

The Japan-owned manufacturer of automotive and heavy equipment parts will expand its Crothersville, IN operations, creating nearly 50 jobs.

Aisin Drivetrain Investing $16M In Crothersville, Indiana Expansion

Aisin Drivetrain (ADI), a Japan-owned manufacturer of automotive and heavy equipment parts, will expand its operations in Crothersville, IN, creating up to 47 new jobs by the end of 2018. The company, a subsidiary of Kariya, Japan-headquartered Aisin Seiki Co., will invest more than $16 million to expand the Jackson County manufacturing operation. ADI currently employs more than 382 full-time employees at its Crothersville facility.

Aisin Crothersville, Indiana
Credit: Aisin Manufacturing Illinois, LLC

ADI, which manufactures automotive components and systems such as industrial transmissions, commercial transmissions and power steering columns, will renovate and purchase new equipment in order to accommodate design changes for steering columns and other automotive components being incorporated by its customers. The company will supply parts for vehicles such as the Toyota Avalon and Lexus ES, and plans to begin work on upgrades later this month.

“Aisin Drivetrain is proud to be a major contributor to the local Crothersville community, including Jackson County and Scott County, Indiana,” said Scott Shade, executive vice president and company officer for ADI. “ADI maintains a diverse, equal opportunity working environment to facilitate professional growth. ADI strives to provide a stable working environment for its employees and their families. Crothersville is an ideal site to support Aisin’s company operations with its easy access to Interstate 65 and its close proximity to major cities. This allows ADI to work closely with its customers. Hoosiers work hard; ADI works hard in A State That Works!”

Since 2008, ADI has invested nearly $80 million into its Indiana operations. Aisin Seiki, which is part of the Toyota Group, designs and manufactures automotive and industrial parts as well as lifestyle and energy products. The company is one of the top 10 global automotive suppliers, producing a variety of parts including transmission, brake, engine and IT units. Aisin employs more than 115,400 people across the world, including approximately 3,934 in Indiana. Including ADI, Aisin has 10 companies in Indiana, including Aisin USA Manufacturing in Seymour, Aisin Chemical Indiana in Crothersville, ATTC Mfg. in Tell City, ADVICS in Terre Haute, Aisin Logistics in Franklin, and INTAT Precision in Rushville.

“Global companies like Aisin Drivetrain continue to find success in Indiana, and they provide good jobs for Hoosiers,” said Governor Eric J. Holcomb. “We’ll continue sharing our economic success story and ensuring businesses like Aisin Drivetrain have access to our skilled workforce and pro-growth business environment.”

The Indiana Economic Development Corporation offered AISIN Drivetrain Inc up to $425,000 in conditional tax credits based on the company’s job creation plans. These incentives are performance-based, so until employees are hired the company is not eligible to claim incentives. The town of Crothersville will consider additional incentives at the request of the Jackson County Industrial Development Corporation.

“Any growth in our industry is good for the community,” said Crothersville Town Council President Danieta Foster. “We are pleased with this news and look forward to continuing to support, in any way we can, our industrial community.”

ADI is one of more than 280 Japanese business establishments in Indiana that employ more than 58,000 workers. Among all U.S. states, Indiana has the largest amount of Japanese investment per capita. Last year, 40 foreign-based companies committed to locating or growing in Indiana, planning to create 5,607 new jobs.

Relocating Or Expanding Your Business In Indiana

Considering Indiana for your company’s relocation or expansion project? Check out Business Facilities’ Indiana Incentives and Workforce Development Guide.

Suggested Links:

You Might Like:

LEAVE A REPLY