Teijin Automotive Technologies Breaks Ground for Huntington, Indiana, Facility Expansion | National Business

AUBURN HILLS, Mich.–(Company WIRE)–May 12, 2022–

Teijin Automotive Systems broke ground today to extend the capabilities at its Huntington, Indiana, facility, adding a topcoat line and assembly spot. These additions enrich the abilities of the company’s Huntington facility, which currently incorporate compression molding, bonding, drinking water jetting, sanding, and priming.

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VIPs from the State of Indiana, Huntington County, the Town of Huntington and Teijin Automotive Systems collected today to rejoice the groundbreaking for a new Teijin Automotive Technologies facility in Huntington, Indiana. Pictured from remaining to ideal: Huntington County Commissioner Rob Miller Marla Foster, representing Indiana State Senator Andy Zay Mark Wickersham, govt director Huntington County Economic Enhancement Company Michael Senerius, main marketing and advertising officer, Teijin Automotive Technologies Huntington Mayor Richard Strick Steve Rooney, CEO, Teijin Automotive Systems Linda Walczak, Indiana Economic Advancement Corporation Chris Crabtree, symbolizing United States Consultant Jim Financial institutions Jerry Reid, regional operations director, Teijin Automotive Technologies. (Photograph: Company Wire)

Particularly, Teijin Automotive Systems procured 30 acres in the new Riverfork West Industrial Heart and will be building a 164,400 sq.-foot facility on this web page to home a new paint line and assembly abilities. This facility will be located throughout Indiana Freeway 9 from the company’s existing 350,000 sq.-foot producing facility. The new facility is predicted to be total, including all devices set up, by December 2023, and will employ somewhere around 110 folks when operations start out in April 2024, and additional than 200 at full work.

“As demand from customers for our progressive, light-weight components continues to mature, we have the chance to incorporate capabilities and potential to meet present-day and potential client needs,” reported Steve Rooney, Teijin Automotive Systems CEO, and normal supervisor of Teijin’s Composites Organization Unit. “This web site in close proximity to to our current Huntington facility manufactured feeling because there was land accessible, and we knew we could accessibility a competent workforce. We are grateful for the continued aid and collaboration from the economic enhancement groups from the State of Indiana, Huntington County, and the Huntington community.”

Teijin Automotive Technologies and its father or mother organization Teijin Minimal are producing an expenditure of more than $100 million, which includes the land, setting up and equipment, to aid future development and retain its competitive benefit. The Huntington location was chosen for this expansion centered on a number of components, such as the availability of a skilled workforce, proximity to a selection of latest and potential client amenities in Indiana and encompassing states, and tax credits supplied by means of the Indiana Economic Advancement Corporation’s EDGE Method (Economic Improvement for a Increasing Financial state).

About Teijin Automotive Technologies

Teijin Automotive Technologies specializes in the progress and creation of state-of-the-art composite factors – which includes carbon and glass fiber – for the international automotive and transportation industries and is an integral part of the Teijin Team of companies. The firm is a around the globe chief in composite formulations with a aim on providing automakers with lightweight, tough merchandise that enable design and packaging overall flexibility. Headquartered in Auburn Hills, Mich., United states of america, Teijin Automotive Systems has 29 functions in 8 nations around the world and employs far more than 5,000 folks. For extra information go to Teijinautomotive.com.

About the Teijin Team

Teijin (TSE: 3401) is a know-how-pushed international group presenting superior solutions in the fields of environmental value security, security and catastrophe mitigation and demographic change and improved well being consciousness. Originally established as Japan’s very first rayon producer in 1918, Teijin has advanced into a exclusive enterprise encompassing a few core organization domains: large-functionality elements together with aramid, carbon fibers and composites, and also resin and plastic processing, films, polyester fibers and products changing healthcare which includes prescribed drugs and property health care machines for bone/joint, respiratory and cardiovascular/metabolic illnesses, nursing treatment and pre-symptomatic healthcare and IT which includes B2B remedies for health-related, corporate and public devices as effectively as packaged software program and B2C on-line services for digital leisure. Deeply fully commited to its stakeholders, as expressed in the brand name statement “Human Chemistry, Human Alternatives,” Teijin aims to be a firm that supports the culture of the long run. The group contains extra than 170 businesses and employs some 20,000 men and women throughout 20 nations all over the world. Teijin posted consolidated product sales of JPY 836.5 billion (USD 7.7 billion) and whole assets of JPY 1,036.4 billion (USD 9.5 billion) in the fiscal 12 months that ended on March 31, 2021. For far more information and facts about the Teijin Group check out Teijin.com.

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Keyword: UNITED STATES NORTH America INDIANA MICHIGAN

Market Search phrase: AUTOMOTIVE Standard AUTOMOTIVE

Resource: Teijin Automotive Systems

PUB: 05/12/2022 12:15 PM/DISC: 05/12/2022 12:16 PM

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