NTN to Begin $130M Anderson Project
Columbus-based NTN Driveshaft Inc. will break ground this week on a major manufacturing operation in Anderson. The $130 million project is expected to create more than 400 jobs in the Madison County city.
The manufacturer, which is a U.S. subsidiary of Japan-based NTN Corp. says it has run out of space in Bartholomew County. NTN has more than 1,500 workers in Columbus. The company decided on Anderson after the city approved a tax abatement request. NTN Driveshaft also considered a location in Georgia for the expansion. The manufacturer says the new Anderson jobs could pay an average salary of $46,000.
The project marks the latest piece of good news for a city that is looking to build steam in international manufacturing. Sirmax North America Inc., which is owned by a company in Italy, is working on a more than $25 million plant in Anderson. The Thailand-based parent of Royal Interpack North America Inc. also has plans for an $11 million Anderson operation, which could involve up to 135 new jobs.
The groundbreaking ceremony is Tuesday, November 17 at 10:30 a.m.