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Japanese manufacturer plans 220 jobs in Mooresville

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A Japanese manufacturer plans to expand its plant in Morgan County, adding 220 additional workers by 2015, the Indiana Economic Development Corp. announced Tuesday evening.

TOA (USA) LLC, a subsidiary of TOA Industries Co. Ltd., plans to spend $72.1 million to construct and equip an additional 360,000 square feet of manufacturing and warehouse space at its existing facility in Mooresville.

The metal-stamping and automotive suspension-parts manufacturer is planning the expansion in three phases, with the first phase expected to be operational by the end of the year.  

The company said it has begun hiring for robotics, engineering and electrician positions.

TOA already has more than 460 full-time employees in Indiana at its only U.S. plant, which opened in 2000. The company’s customers include Subaru of Indiana Automotive in Lafayette and Toyota Motor Manufacturing North America in Princeton.

The IEDC 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.

In a prepared statement, Gov. Mike Pence said he met with TOA (USA) CEO Shinichi Iizuka in September at the parent company's headquarters in Ota City during an economic development trip to Japan.

“Announcements like today continue to reaffirm that our jobs mission to Japan was well worth the effort," Pence said. "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.”

TOA periodically sponsors trips for Mooresville teachers to travel to Japan to help them learn about Japanese culture.

 “We’ve enjoyed building a great relationship with the town of Mooresville and with Indiana,” Iizuka said in a prepared statement. “We take great pride in being able to bring forward the investments that will in turn bring economic opportunities to the community.”


 

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  1. How much you wanna bet, that 70% of the jobs created there (after construction) are minimum wage? And Harvey is correct, the vast majority of residents in this project will drive to their jobs, and to think otherwise, is like Harvey says, a pipe dream. Someone working at a restaurant or retail store will not be able to afford living there. What ever happened to people who wanted to build buildings, paying for it themselves? Not a fan of these tax deals.

  2. Uh, no GeorgeP. The project is supposed to bring on 1,000 jobs and those people along with the people that will be living in the new residential will be driving to their jobs. The walkable stuff is a pipe dream. Besides, walkable is defined as having all daily necessities within 1/2 mile. That's not the case here. Never will be.

  3. Brad is on to something there. The merger of the Formula E and IndyCar Series would give IndyCar access to International markets and Formula E access the Indianapolis 500, not to mention some other events in the USA. Maybe after 2016 but before the new Dallara is rolled out for 2018. This give IndyCar two more seasons to run the DW12 and Formula E to get charged up, pun intended. Then shock the racing world, pun intended, but making the 101st Indianapolis 500 a stellar, groundbreaking event: The first all-electric Indy 500, and use that platform to promote the future of the sport.

  4. No, HarveyF, the exact opposite. Greater density and closeness to retail and everyday necessities reduces traffic. When one has to drive miles for necessities, all those cars are on the roads for many miles. When reasonable density is built, low rise in this case, in the middle of a thriving retail area, one has to drive far less, actually reducing the number of cars on the road.

  5. The Indy Star announced today the appointment of a new Beverage Reporter! So instead of insightful reports on Indy pro sports and Indiana college teams, you now get to read stories about the 432nd new brewery open or some obscure Hoosier winery winning a county fair blue ribbon. Yep, that's the coverage we Star readers crave. Not.

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