Southern Indiana Business Report
CROTHERSVILLE — Aisin Drivetrain Inc., a Japan-based manufacturer of automotive and heavy equipment parts, announced plans to expand its Jackson County operations, creating up to 141 new jobs by the end of 2024. The expansion will support Aisin’s initiative to accelerate the electrification of vehicles.
“Companies like Aisin Drivetrain continue to drive our mission of bringing Indiana to the world and the world to Indiana,” said Gov. Eric J. Holcomb. “We’re committed to providing the best business environment and high-quality talent pool to ensure the company’s growth here for generations to come.”
The company, which is a subsidiary of Aisin Corporation of Kariya, Japan, will invest more than $55 million to expand its 353,799-square-foot manufacturing operations at 1001 Industrial Way in Crothersville. ADI, which manufactures automotive components and systems such as industrial transmissions, commercial transmissions and power steering columns, will renovate and purchase new equipment in order to accommodate design changes for the Toyota Large Capacity Hybrid electric rear axle assembly (e-Four) and electric water pump.
“ADI is proud to be an active member of the Crothersville community and appreciates the continued support from Jason Hillenburg and the town of Crothersville,” said Scott Shade, president for Aisin Drivetrain. “We strive to provide a stable, competitive and comfortable workplace for our members while providing our customers with ‘best in class’ products.”
Aisin Corporation employs more than 120,000 associates worldwide, including 422 in Indiana at its Crothersville facility, and is hiring for manufacturing, quality, logistics and professional positions. Interested applicants can apply online or in person.
Since 2008, ADI has invested nearly $96 million into its Indiana operations. Aisin Corporation, which is part of the Toyota Group, designs and manufactures automotive and industrial parts as well as lifestyle and energy products. The company is one of the top 10 global automotive suppliers, producing a variety of parts including powertrain, chassis and vehicle safety systems, and body components. In addition to ADI, Aisin operates a number of other companies in Indiana, including Aisin USA Manufacturing in Seymour, Aisin Chemical Indiana in Crothersville, ATTC Mfg. in Tell City, ADVICS in Terre Haute, Aisin Logistics in Franklin, and INTAT Precision in Rushville.
“This is tremendous news for the Crothersville community,” said Crothersville Town Council President Jason Hillenburg. “We are excited and gratified that ADI has chosen to expand and grow its business here. For nearly 25 years, we have partnered with the Aisin companies in our community, and it is gratifying to see that partnership continue to grow, producing jobs and quality Aisin automotive products.”
Based on the company’s job creation plans, the Indiana Economic Development Corporation committed an investment in Aisin Drivetrain Inc. of up to $1.4 million in the form of incentive-based tax credits. These tax credits are performance-based, meaning the company is eligible to claim incentives once Hoosiers are hired. The town of Crothersville approved additional incentives.
ADI is one of more than 300 Japanese business establishments in Indiana that employ more than 56,000 Hoosiers. Among all U.S. states, Indiana has the largest amount of Japanese investment per capita. Last year, 36 foreign-based companies committed to locating or growing in Indiana, planning to create 5,228 new jobs for Hoosiers.