Gov. Mike Pence will join executives from Aisin Chemical Co. Indiana LLC at 10:30 a.m. today for a groundbreaking ceremony for the company's new transmission component plant in Crothersville.
In May, Aisin Chemical Indiana and Aisin Drivetrain announced plans to invest $45.35 million in Crothersville, creating up to 74 new jobs by 2016. Aisin Chemical, which began production in 2011, currently employees 62 full-time workers.
The company makes liquid sound dampening material and transmission clutch plates for the automotive industry. Its customers include Toyota, Subaru and Nissan.
Aisin Chemical Indiana will construct and equip a 100,000 square-foot transmission component plant adjacent to its current facility, doubling its size at the Crothersville Industrial Park. The plant will be located on the 39 acres the company originally purchased in 2010.
Construction on the plant, which will produce friction disc plates, will start this month, with plans to begin operations in the summer of 2015.
Read Thursday's edition of The Tribune for the full story.
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