A company that manufactures high quality hydraulic, manual and electric steering parts for both foreign and domestic automakers, JTEKT Automotive Tennessee will expand its manufacturing facility in Monroe County, Tennessee. The manufacturer which operates as a subsidiary of JTEKT Corporation will invest $218.5 million and create 50 jobs in Vonore, Tennessee.

“Although we are investing in new equipment, this is also a huge investment in Vonore and Monroe County,” JTEKT Plant Manger Brad Franklin said. “This is only made possible by the hard work and dedications from our employees and the community,” JTEKT Human Resource Manager Terry Knight added.

JTEKT plans to accommodate its growing market and meet future and current needs with this expansion. The new facility will be producing the next generation steering for customers such as Toyota, BMW, Honda and Nissan. The company plans to start production for its new facility in September 2016.

Department of Economic and Community Development Commissioner Randy Boyd said, “JTEKT is one of over 900 automotive suppliers located throughout the state and it is exciting to have this great company strengthening Team Tennessee. I look forward to their future success and growth in our state.”

“TVA and Loudon Utilities congratulate JTEKT Automotive on its latest announcement to add hundreds of new jobs in Vonore,” said TVA Senior Vice President of Economic Development John Bradley. “It’s always an exciting day when an existing company is committed to continuing growth in our communities. We are pleased to partner with Monroe County Economic Development, Tellico Reservoir Development Agency and Tennessee Department of Economic and Community Development to celebrate JTEKT’s continuing business success and commitment to grow in the Valley.”