IN: Japan-Owned Aisin Drivetrain to Expand in Jackson County, Add 47 Jobs
7 Feb, 2018
Aisin Drivetrain (ADI), a Japan-owned manufacturer of automotive and heavy equipment parts, announced plans to expand its operations in Jackson County, creating up to 47 new jobs by the end of 2018.
"Global companies like Aisin Drivetrain continue to find success in Indiana, and they provide good jobs for Hoosiers," Governor Eric J. Holcomb said. "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 company, which is a subsidiary of Kariya, Japan-headquartered Aisin Seiki Co., will invest more than $16 million to expand its manufacturing operations at 1001 Industrial Way in Crothersville. 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!"
ADI employs more than 382 full-time Hoosier employees at its Crothersville facility with plans to complete hiring for manufacturing positions in August. New positions are expected to offer competitive wages. Interested applicants can apply by mailing resumes to the Crothersville facility or completing an application in person.
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 ten 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.
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, meaning until Hoosiers 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 Hoosiers. 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 for Hoosiers.
About AISIN Drivetrain
ADI is a manufacturer of a wide range of products for customers in the automotive and heavy equipment industries including, Toyota, Lexus, FCA and Nissan. The company’s products include industrial transmissions, commercial transmissions and power steering columns.
The Indiana Economic Development Corporation (IEDC) leads the state of Indiana’s economic development efforts, helping businesses launch, grow and locate in the state. Governed by a 15-member board chaired by Governor Eric Holcomb, the IEDC manages many initiatives, including performance-based tax credits, workforce training grants, innovation and entrepreneurship resources, public infrastructure assistance, and talent attraction and retention efforts. For more information about the IEDC, visit www.iedc.in.gov.