Teijin Automotive Technologies Breaks Ground for Huntington, Indiana, Facility Enlargement

AUBURN HILLS, Mich.–(Business enterprise WIRE)–Teijin Automotive Systems broke ground currently to broaden the capabilities at its Huntington, Indiana, facility, adding a topcoat line and assembly region. These additions boost the abilities of the company’s Huntington facility, which at the moment include compression molding, bonding, water jetting, sanding, and priming.

Exclusively, Teijin Automotive Technologies ordered 30 acres in the new Riverfork West Industrial Heart and will be setting up a 164,400 sq.-foot facility on this web site to house a new paint line and assembly capabilities. This facility will be found across Indiana Freeway 9 from the company’s present 350,000 sq.-foot manufacturing facility. The new facility is expected to be entire, like all machines set up, by December 2023, and will employ approximately 110 folks when operations get started in April 2024, and a lot more than 200 at comprehensive work.

“As desire for our revolutionary, light-weight factors proceeds to expand, we have the prospect to include capabilities and capability to satisfy present and potential shopper desires,” stated Steve Rooney, Teijin Automotive Systems CEO, and general manager of Teijin’s Composites Organization Unit. “This internet site near to our present Huntington facility manufactured feeling because there was land offered, and we understood we could access a qualified workforce. We are grateful for the continued guidance and collaboration from the financial improvement groups from the Point out of Indiana, Huntington County, and the Huntington neighborhood.”

Teijin Automotive Systems and its guardian company Teijin Minimal are creating an financial commitment of a lot more than $100 million, together with the land, making and equipment, to support foreseeable future growth and manage its aggressive edge. The Huntington area was picked for this enlargement based mostly on a variety of components, together with the availability of a skilled workforce, proximity to a selection of recent and opportunity purchaser amenities in Indiana and encompassing states, and tax credits available as a result of the Indiana Financial Progress Corporation’s EDGE Software (Economic Growth for a Rising Financial system).

About Teijin Automotive Technologies

Teijin Automotive Systems specializes in the development and generation of sophisticated composite parts – together with carbon and glass fiber – for the global automotive and transportation industries and is an integral portion of the Teijin Team of businesses. The enterprise is a all over the world chief in composite formulations with a target on supplying automakers with light-weight, sturdy solutions that enable design and style and packaging overall flexibility. Headquartered in Auburn Hills, Mich., United states of america, Teijin Automotive Technologies has 29 operations in 8 countries and employs extra than 5,000 people today. For additional information go to Teijinautomotive.com.

About the Teijin Group

Teijin (TSE: 3401) is a technology-pushed world-wide team offering sophisticated answers in the fields of environmental worth basic safety, security and catastrophe mitigation and demographic change and increased wellbeing consciousness. At first established as Japan’s to start with rayon maker in 1918, Teijin has evolved into a unique business encompassing three main business domains: significant-effectiveness products which includes aramid, carbon fibers and composites, and also resin and plastic processing, movies, polyester fibers and products and solutions changing health care which include prescribed drugs and home health care devices for bone/joint, respiratory and cardiovascular/metabolic health conditions, nursing care and pre-symptomatic healthcare and IT together with B2B options for professional medical, company and general public systems as very well as packaged computer software and B2C on the internet products and services for digital enjoyment. Deeply fully commited to its stakeholders, as expressed in the brand name assertion “Human Chemistry, Human Remedies,” Teijin aims to be a business that supports the modern society of the long run. The group contains a lot more than 170 corporations and employs some 20,000 people today throughout 20 nations around the globe. Teijin posted consolidated sales of JPY 836.5 billion (USD 7.7 billion) and overall assets of JPY 1,036.4 billion (USD 9.5 billion) in the fiscal calendar year that finished on March 31, 2021. For extra facts about the Teijin Group pay a visit to Teijin.com.