A Japan-based auto parts supplier will break ground tomorrow on a $45 million transmission component plant in southern Indiana. Company executives will join Governor Mike Pence in Crothersville for the ceremony at the construction site for Aisin Chemical Indiana. August 5, 2014
CROTHERSVILLE, Ind. — Governor Mike Pence will join executives from Aisin, a Japan-based supplier to the automotive and industrial base industries, on Wednesday at 10:30 a.m. for a groundbreaking ceremony for Aisin Chemical Indiana’s new transmission component plant in Crothersville.
In May, Aisin Chemical Indiana and Aisin Drivetrain announced plans to invest a combined $45.35 million in Crothersville and create up to 74 new jobs by 2016. As part of the project, Aisin Chemical Indiana will construct and equip a 100,000 square-foot transmission component plant adjacent to its current facility, doubling its size at the Crothersville Industrial Park. Construction on the plant, which will produce friction disc plates, will start this month with plans to begin operations next year.
Pence concluded his inaugural jobs and economic development mission to Japan last September by meeting with executives from Aisin. During his visit, Pence learned about Aisin’s 10 companies and nine operations across the Hoosier State, which collectively employ more than 3,000 Hoosiers.
Location: 1004 Industrial Way – Crothersville, Ind.
Source: Indiana Economic Development Corp.