TOA (USA), LLC, a metal stamping and automotive suspension parts manufacturer, has announced plans to expand its operations in Mooresville, creating up to 220 new jobs by 2015.
The company, which is a subsidiary of Japan-based TOA Industries Co., Ltd., will invest $72.1 million to construct and equip an additional 360,000 square-feet of manufacturing and warehouse space at its current Mooresville facility. With the expansion expected to be complete in three phases, the first phase will be operational by the end of this year.
“While visiting TOA’s headquarters in Ota City last fall, Mr. Iizuka expressed confidence that TOA had selected the right state as home to its U.S. manufacturing operations more than a decade ago,” Gov. Mike Pence said in a press release. “Announcements like [that] continue to reaffirm that our jobs mission to Japan was well worth the effort. During that trip, we not only deepened Indiana’s bond with Japanese companies like TOA, but also learned how Indiana can build upon its position as a state that works for international investment, fostering continual growth for our expansive network of Japanese automotive manufacturers and their suppliers.”
The Indiana Economic Development Corporation will provide Morgan County with up to $390,000 in infrastructure assistance from the state’s Industrial Development Grant Fund. The Town of Mooresville offered additional tax abatement and the Mooresville Redevelopment Commission offered additional workforce training incentives at the request of the Morgan County Economic Development Corporation.
“I was fortunate enough to be the town council president when TOA (USA) decided to locate in Mooresville and I’m thrilled to see their growth,” said Mark Mathis, Mooresville Town Council president. “We’re happy they made the decision to make our town home, as they have been great corporate partners.”
Indiana is recognized as a hub for international automotive manufacturers and their suppliers, with three Japan-based original equipment manufacturers — Subaru, Toyota and Honda — operating facilities in Indiana. Indiana’s motor vehicle industry is the second largest in the U.S., with more than 630 automotive companies calling Indiana home, according to the Indiana Chamber of Commerce.
TOA (USA), which has more than 460 full-time employees in Indiana, is currently hiring for robotics, engineering and electrician positions.
Interested applicants may apply by calling the company’s human resources department at 834-0522, ext. 1041.