JTEKT Corporation doubles size of manufacturing facility in Richland County, South Carolina

12/11/2014

JTEKT Corporation doubles size of manufacturing facility in Richland County, South Carolina

Company invests $130 million, creates 175 new jobs

COLUMBIA, S.C. – July 11, 2014 – JTEKT Corporation, a leading producer of bearings,

automotive steering systems and all-wheel drive couplings, has expanded its Koyo-brand

bearing manufacturing facility in Richland County, South Carolina. The 250,000 square-foot

expansion will provide JTEKT with needed capacity to manufacture automotive wheel bearing

hubs for its growing U.S. customer base and is expected to create 175 new jobs in the next

three years. In addition to a $130 million investment by JTEKT, the project was made possible

with support from Governor Nikki Haley, the state of South Carolina, Richland County and the

city of Blythewood.

“This investment demonstrates JTEKT’s commitment to the North American auto industry as

well as the community and citizens of Richland County,” said Hiroyuki Kaijima, CEO, JTEKT

North America. “We are thankful to Gov. Haley and the government municipalities for their

collaboration and dedication to help us make this expansion a reality.”

The expansion, the second for this facility, will double its size to more than 500,000 square feet

to accommodate the growing business volume of Koyo wheel bearing hubs. Customers are

incorporating Koyo’s advanced technologies of superior bearing sealing capability, stiffness,

weight savings and efficiency. These benefits result in Koyo hubs being the preferred solution

of automakers for next generation vehicles.

Currently the facility, which opened in 1995, employs 225 people. In addition to the Richland

County location, JTEKT has eight other bearing manufacturing plants in North America with all

North American operations employing more than 5,400 people.

“This expansion is a testament to the quality and dedication of our team and the trust placed in

us by our customers,” stated Ken Hopkins, COO, JTEKT North America. “We are excited about

our current growth in automotive and industrial markets and look forward to continued

opportunities where Koyo quality, capabilities and innovation are valued.”

About JTEKT

JTEKT is a leading global supplier of automotive steering systems, automotive all-wheel drive

couplings, Torsen brand differentials, Koyo brand automotive and industrial bearings and

TOYODA machine tools that improve efficiency and performance in a variety of applications.

With global headquarters in Nagoya, Japan, JTEKT employs more than 43,000 people in 27

countries and reported sales of $12.6 billion in 2013. In North America, JTEKT employs over

5,400 people with 14 manufacturing facilities and numerous technical centers and distribution

facilities across North America. For more information, please visit www.jtekt.co.jp/e/.

 

JTEKT Corporation Doubles Size of Richland Manufacturing Facility (Jul 2014)