Japan-based industrial machinery components manufacturer Daiei Inc. has chosen Columbus for its first North American operation. The company will invest more than $3 million to equip a production facility in Bartholomew County and create about a dozen jobs by 2017.
The company will produce forklift pillars and other components at its Columbus plant for nearby Toyota Industrial Equipment Manufacturing. Equipment installation is set to begin this month, and the company plans to begin hiring for production and leadership positions next month. Daiei has more than 400 associates in China and Japan.
Production Department Director James Anderson Kaparakis says the facility will allow the company to "meet the needs of important customers" and give it access to "a work force that understands our manufacturing needs."
Governor Mike Pence met with Daiei executives during an economic development mission in Japan. The company is just the latest Japan-based business to announce an Indiana expansion in recent months. The Indiana Economic Development Corp. says Indiana Packers Corp., Toyota Tsusho and Subaru of Indiana Automotive Inc.’s recent announcements involved more than 1,300 new jobs and more than $185 million in investment.
The IEDC has offered Daiei Inc. up to $50,000 in conditional tax credits based on the job creation plans.