Teijin Automotive Systems starts Huntington, Indiana facility growth

Pictured from remaining to suitable: Huntington County commissioner Rob Miller Marla Foster, representing Indiana Condition Senator Andy Zay Mark Wickersham, executive director Huntington County Financial Enhancement Corp. Michael Senerius, chief promoting officer, Teijin Automotive Systems Huntington Mayor Richard Strick Steve Rooney, CEO, Teijin Automotive Systems Linda Walczak, Indiana Financial Growth Corp. Chris Crabtree, representing United States Agent Jim Banking institutions Jerry Reid, regional operations director, Teijin Automotive Systems. Photo Credit score: Business Wire)

Teijin Automotive Systems (Auburn Hills, Mich., U.S.) broke ground on May perhaps 12 to develop the abilities at its Huntington, Ind., facility, including a topcoat line and assembly place. These additions are reported to enrich the capabilities of the company’s Huntington facility, which currently include things like compression molding, bonding, water jetting, sanding and priming.

Specifically, Teijin Automotive Systems ordered 30 acres in the new Riverfork West Industrial Heart and will be making a 164,400 sq.-foot facility on this internet site to house a new paint line and assembly capabilities. This facility will be found throughout Indiana Freeway 9 from the company’s existing 350,000 square-foot producing facility. The new facility is predicted to be comprehensive, together with all tools installation, by Dec. 2023, and will utilize approximately 110 folks when operations commence in April 2024, and additional than 200 at full employment.

“As desire for our modern, light-weight parts continues to increase, we have the prospect to increase capabilities and ability to fulfill present-day and long term client wants,” Steve Rooney, Teijin Automotive Technologies CEO, and common supervisor of Teijin’s Composites Organization Device, notes. “This site close to to our existing Huntington facility designed perception due to the fact there was land accessible, and we realized we could access a expert workforce. We are grateful for the ongoing guidance and collaboration from the financial enhancement teams from the State of Indiana, Huntington County, and the Huntington neighborhood.”

Teijin Automotive Systems and its mother or father business, Teijin Ltd. (Tokyo, Japan), are building an financial investment of more than $100 million, including the land, constructing and tools, to help future expansion and maintain its competitive advantage. The Huntington place was selected for this expansion based mostly on a variety of factors, such as the availability of a competent workforce, proximity to a variety of current and prospective client amenities in Indiana and surrounding states and tax credits made available by means of the Indiana Financial Growth Corporation’s EDGE Method (Financial Progress for a Escalating Financial system).

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Teijin Automotive Technologies Breaks Ground for Huntington, Indiana, Facility Enlargement

AUBURN HILLS, Mich.–(Small business WIRE)–Teijin Automotive Systems broke floor now to develop the capabilities at its Huntington, Indiana, facility, adding a topcoat line and assembly spot. These additions improve the capabilities of the company’s Huntington facility, which at the moment involve compression molding, bonding, water jetting, sanding, and priming.

Especially, Teijin Automotive Technologies obtained 30 acres in the new Riverfork West Industrial Center and will be setting up a 164,400 sq.-foot facility on this web site to property a new paint line and assembly abilities. This facility will be situated across Indiana Highway 9 from the company’s present 350,000 square-foot producing facility. The new facility is anticipated to be complete, together with all tools installation, by December 2023, and will make use of somewhere around 110 persons when operations get started in April 2024, and extra than 200 at whole employment.

“As demand from customers for our impressive, lightweight parts continues to increase, we have the possibility to incorporate capabilities and capability to meet present-day and upcoming customer requirements,” said Steve Rooney, Teijin Automotive Systems CEO, and common supervisor of Teijin’s Composites Small business Unit. “This website in close proximity to to our current Huntington facility designed sense mainly because there was land offered, and we realized we could access a competent workforce. We are grateful for the continued support and collaboration from the economic advancement groups from the Point out of Indiana, Huntington County, and the Huntington community.”

Teijin Automotive Systems and its guardian business Teijin Confined are building an financial commitment of additional than $100 million, which includes the land, making and tools, to aid future growth and manage its competitive gain. The Huntington place was picked for this growth dependent on a quantity of factors, together with the availability of a experienced workforce, proximity to a selection of existing and possible consumer facilities in Indiana and bordering states, and tax credits offered as a result of the Indiana Economic Development Corporation’s EDGE Program (Financial Enhancement for a Expanding Financial system).

About Teijin Automotive Technologies

Teijin Automotive Systems specializes in the advancement and manufacturing of state-of-the-art composite factors – which includes carbon and glass fiber – for the world wide automotive and transportation industries and is an integral aspect of the Teijin Group of companies. The company is a all over the world chief in composite formulations with a concentrate on supplying automakers with light-weight, durable goods that empower structure and packaging versatility. Headquartered in Auburn Hills, Mich., United states of america, Teijin Automotive Systems has 29 operations in 8 countries and employs extra than 5,000 men and women. For a lot more facts go to Teijinautomotive.com.

About the Teijin Group

Teijin (TSE: 3401) is a technological innovation-pushed international team providing state-of-the-art alternatives in the fields of environmental benefit basic safety, stability and catastrophe mitigation and demographic transform and elevated health and fitness consciousness. Initially set up as Japan’s first rayon company in 1918, Teijin has progressed into a unique enterprise encompassing a few main

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Teijin Automotive Technologies expands composites footprint in China to fulfill developing demand for EVs

Teijin Automotive Technologies’ Changzhou-dependent composites production facility to get started business functions. Photo Credit score: Teijin Automotive Technologies

On Feb. 14 Teijin Automotive Technologies (Tokyo, Japan), the brand name unifying five automotive materials organizations and the core business of Teijin Team’s automotive composites enterprise, introduced that it has started professional operation of a new 39,000-square-meter composites producing facility in the Wujin National Hello-Tech Industrial Zone primarily based in Changzhou, Jiangsu province, China. The business also introduced that it is constructing a third plant in China, based mostly in the Technological Progress Zone of the Tiexi District in Shenyang, Liaoning province, and will start functioning this plant, with 13,000 sq. meters of get the job done floor area, in the summer of 2023.

Teijin Automotive Technologies picked the Changzhou and Shenyang areas for its new vegetation since of their close proximity to the generation services of several main European, U.S. and Chinese automakers. Teijin thinks the two crops will assist meet up with the expanding demand from customers for composites factors, further amplified by way of the growth of the electric powered automobile (EV) market in China. The two plants will drastically increase the company’s ability to supply lightweight, protected, power-productive and durable composite elements, which are noted to be indispensable for environmentally friendly vehicles.

With the second plant’s startup and the third plant’s development, Teijin Automotive Systems is actively strengthening its position as a worldwide chief in automotive composite purposes. Concurrently, the business is establishing applications for superior composite supplies and procedures to assist its automotive customers’ troubles of accomplishing formidable bodyweight and CO2 reduction targets, and reduced EV generation expenses. Teijin is targeting annual product sales of $2. billion for its automotive composite products and solutions business by 2030.

Teijin Automotive Technologies has been production automotive composites and glass fiber sheet molding compounds (GF-SMC) in China due to the fact 2015, primarily for EV battery handles, battery shields, underbody shields, structural interior panels and exterior body panels.

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