A Japanese manufacturer of automotive nuts, bolts and specialty fasteners said Friday that it plans to expand its operations in Columbus, creating up to 103 jobs by 2016.
Sunright America Inc., a subsidiary of Japan-based Sugiura Seisakusho Co. Ltd., plans to invest $35 million to build and equip two additional facilities on its 33-acre campus at the Northwest Industrial Park in Columbus.
The new facilities will be 176,000 square feet and 160,000 square feet. They will stand stand next to the company's existing 322,000-square-foot facility.
This is the third major expansion for Sunright in Columbus since 2008, when the company added 45 jobs. In 2011, it added another 100.
"When we witness companies like Sunright repeatedly grow in the Hoosier State, it further validates that Indiana is a state that works for business," Gov. Mike Pence said in a statement.
Sunright primarily manufactures weld nuts and flange nuts. The company is a supplier to Toyota, and its Columbus facility produces more than 5 million pieces per day for the automaker.
Sunright plans to begin hiring additional manufacturing workers, engineers, supervisors and managers this fall.
The Indiana Economic Development Corp. offered Sunright up to $700,000 in performance-based tax credits based on the company's job-creation plans. The city of Columbus will consider additional property tax abatement.