INDIANAPOLIS — Japan’s largest steel producer will establish operations in Shelbyville with plans to create 70 new jobs by 2021.
“Indiana is home to the largest Japanese investment per capita in the nation,” Gov. Mike Pence said in a statement, “and today I’m proud to welcome yet another Japan-based firm to the Hoosier state.”
Nippon Steel & Sumitomo Metal Corporation broke ground Tuesday on a new 150,000 square foot facility in Shelbyville.
The new company, Nippon Steel & Sumikin Cold Heading Wire Indiana Inc., will process steel wire used in the automotive parts industry.
“High quality wire is essential to producing nuts, bolts and other fasteners used in cars and trucks to ensure the highest levels of safety,” Hideoki Kimura, president of Nippon Steel & Sumikin Cold Heading Wire Indiana, said in a statement. “We chose Indiana and the Shelbyville community for this investment because of the central location, established manufacturing industry and the skilled workforce available.”
The company will invest $50 million to construct and equip the new facility and expects to be fully operational by the spring of 2018.
The company plans to begin hiring for administrative, customer service and sales positions in January 2017 and for manufacturing positions in late 2017. The company will lease office space at Intelliplex Business Park in Shelbyville until construction is complete.
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