Nisshinbo Automotive Manufacturing Investing $72M In Georgia

The manufacturer of environmentally friendly brake pads will create 100 jobs with its Covington, GA facility expansion.


https://businessfacilities.com/2018/09/nisshinbo-automotive-manufacturing-investing-covington-georgia/
The manufacturer of environmentally friendly brake pads will create 100 jobs with its Covington, GA facility expansion.
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Nisshinbo Automotive Manufacturing Investing $72M In Georgia

The manufacturer of environmentally friendly brake pads will create 100 jobs with its Covington, GA facility expansion.

Nisshinbo Automotive Manufacturing Investing $72M In Georgia

Nisshinbo Automotive Manufacturing, Inc. (NAMI) will create 100 jobs and invest $72 million in an expansion of its Covington, GA facility. New jobs at the facility will include positions in production and administration.

Covington, GA“NAMI is honored to make this announcement together with the Governor’s Office and the Newton County Industrial Development Authority,” said NAMI CEO Shigeru Matsuki. “We have been very proud to call Covington our home for the last 20 years, and this additional investment demonstrates our commitment to the local community and to the Great State of Georgia. Newton County and the State of Georgia are wonderful places to do business. We hope to grow here with the people of Covington for the next 20 years and beyond.”

NAMI, a manufacturer and supplier of brake pads, has maintained a presence in Newton County for more than two decades. Along with NAMI’s business development center in Sterling Heights, MI, NAMI’s facility in Covington produces high-quality friction materials for automotive manufacturers and develops environmentally friendly, copper-free brake pads.

“Georgia provides the business climate, skilled workforce and thriving automotive sector necessary for manufacturers like NAMI to enjoy long-term growth,” said Gov. Nathan Deal. “With this facility expansion in Newton County, NAMI will continue to benefit from close proximity to top vehicle manufacturers while also reaching customers across the nation and around the world with Georgia’s logistics infrastructure. I am encouraged to see our international economic missions once again delivering tangible results, as NAMI’s commitment directly reflects the strength of Georgia’s manufacturing environment for global industry leaders. We appreciate NAMI’s investment over the last 20 years and look forward to the future growth of this partnership.”

Covington, GA“Nisshinbo has been an indispensable partner in Covington for 20 years,” said Select Newton Vice President of Economic Development David Bernd. “Seeing more than $70 million in Foreign Direct Investment for 100 well-paying advanced manufacturing careers is incredible. Congrats to the Nisshinbo team, State of Georgia and the greater Covington region for going out and winning this project.”

Japanese-affiliated companies currently operate more than 500 facilities in Georgia that employ approximately 30,000 Georgians.

“We had the opportunity to meet with NAMI leadership last year in Japan, and we are very excited to see this incredible company expand in Newton County,” said Georgia Department of Economic Development (GDEcD) Commissioner Pat Wilson. “NAMI’s success in Georgia is a combination of our strong international relationships and pro-business environment. We look forward to their continued success.”

Relocating or Expanding Your Business In Georgia

Considering Georgia for your company’s relocation or expansion project? Check out Business Facilities’ Georgia Incentives and Workforce Development Guide for a comprehensive list of financial aid, loans, grants, abatements, workforce development, exemptions, funds and capital investment opportunities.

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