Aisin Holdings of America Invests $53.8 Million In Clinton, Tennessee, Automotive Casting Plant
Area Development Online News Desk (12/17/2013)
Aisin Holdings of America, Inc. plans to invest $53.8 million in its subsidiary Aisin Automotive Casting Tennessee in Clinton, Tennessee. The firm expects to create 81 new jobs over the next two years in Anderson County.
Occupying a 524,000 square foot facility in the Interstate 75 Industrial Park in Clinton, Aisin currently employs a 595 member team. The additional equipment investment will support both increased customer demand and new products secured for future models.
The Clinton operation is a full-process, die casting facility that includes casting, machining and assembly to produce engine components such as water pumps, oil pumps and pistons that will be installed in automobiles produced by Aisin customers located throughout North America. Aisin Automotive Casting Tennessee, Inc. is an automotive parts supplier for General Motors, Nissan and Toyota.
“With the increasing sales of engine components in North America, the role of our plant here in Clinton becomes even more important to the overall business expansion of the Aisin Group,” Stephen Barnes, President of Aisin Automotive Casting Tennessee, Inc., said. “The dedication of our team members along with the continued support from the Tennessee Department of Economic and Community Development and TVA has provided this opportunity for Aisin to continue another stage of growth here in Anderson County.”
“The strength of Tennessee’s automotive sector is a direct result of the dedication and hard work put forth by the 900 auto manufacturers and suppliers who call Tennessee home,” Economic and Community Development Commissioner Bill Hagerty said. “Thriving companies like Aisin recognize the benefits of doing business in our state and continue to take advantage of our prime location and superior business climate. I appreciate Aisin’s decision to further invest in Tennessee and thank the company for its continued confidence in our quality workforce.”
“Congratulations to Aisin Automotive Casting on their latest expansion, which brings new investment and more jobs for local community residents,” John Bradley, TVA Senior Vice President of Economic Development, said. “Automotive manufacturing and suppliers’ continued growth is vital for our region’s prosperity, and that’s why economic development partnerships, including the state of Tennessee, Anderson County EDA, city of Clinton, Clinton Utilities Board and TVA, work to help companies like Aisin grow and thrive in our region.”
“Aisin’s continued expansion is the result of hard work, dedication and commitment, and Anderson County is extremely proud to have them in our community,” Anderson County Mayor Terry Frank said. “Aisin has been an outstanding supporter of our local community and we can’t thank them enough. We are grateful for the assistance provided by the Tennessee Department of Economic and Community Development and TVA over the years that has contributed to their success.”