Skip to content



Search events. View events.
  Economic Development Corporation, Indiana Submit Events
Welcome to the IN.gov Calendar. Please use the Help button to the right for any assistance while using the Calendar.
Click for help in using calendar displays. Print the contents of the current screen.

Advanced Search (New Search)
  From:
  To:

 

 


Submit
Entry Details
Notify me if this event changes.Add this event to my personal calendar.Email this entry to a friend.
Go Back
[IEDC] Japanese Automotive Parts Manufacturer Announces Third Expansion in Bartholomew County
Start Date: 6/14/2013Start Time: 12:00 AM
End Date: 6/14/2013End Time: 11:59 PM
Entry Description
COLUMBUS, Ind. (June 14, 2013) - Sunright America, Inc., a Japanese manufacturer of automotive nuts, bolts and specialty fasteners, announced plans today to expand its operations here, creating up to 103 new jobs by 2016. 
  
The company, which is a subsidiary of Japan-based Sugiura Seisakusho Co., Ltd., will invest $34.7 million to construct and equip two additional facilities on its 33-acre campus at the Northwest Industrial Park in Columbus. The new 176,000 square-foot and 160,000 square-foot facilities, which will stand next to its existing 322,000 square-foot facility, will house additional lines for automotive nuts and bolts. The first production line is expected to be operational in April 2014. 
  
"When we witness companies like Sunright repeatedly grow in the Hoosier State, it further validates that Indiana is a state that works for business," said Governor Mike Pence. "Sunright could have expanded anywhere, but they chose Indiana. With our low taxes, robust infrastructure and pro-growth policies, international manufacturers looking for a supportive business environment find the ingredients for success in Indiana." 

Incorporated in Indiana in 2002, Sunright primarily manufactures weld nuts and flange nuts. The company is a tier 1 supplier to Toyota, with most of all nuts on Toyota cars in America manufactured - 5 million pieces per day - at the facility in Columbus. With approximately 80 customers including Toyota and Hino, Sunright has more than 130 full-time employees in Indiana and plans to begin hiring additional manufacturing associates, engineers, supervisors and manufacturing managers this fall. 
  
"We selected Indiana because of its robust infrastructure, location of nearby suppliers of surface treatment and materials, and 'Crossroads of America' in the center of our customers' locations," said Toshiaki Takeuchi, executive vice president treasurer and secretary of Sunright. "We supply our products to all of Toyota's North American plants and 80 other customers. Also, we made a decision of this new expansion in Columbus because of very good assistance and cooperation from the state and the city."  
  
This is the third major expansion for Sunright in Indiana since 2005. In 2008, Sunright moved to a 170,000 square-foot manufacturing and distribution facility at its current Columbus location, adding 45 new jobs. The company expanded in Columbus again in 2011, bringing its facility to 322,000 square-feet and creating 100 new jobs. 

The Indiana Economic Development Corporation offered Sunright America, Inc. 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 at the request of the Columbus Economic Development Board. 

"Sunright is a valued and dedicated corporate partner to our community," said Columbus Mayor Kristen Brown. "We greatly appreciate their expansion and the additional jobs they are bringing to our city. Their continued investment in our community reinstates that Columbus is business friendly and a strong place for companies to grow." 

Sunright joins the growing list of Japanese companies investing their business in Indiana. Currently, the Hoosier State is the only U.S. state that is home to three Japanese original equipment manufacturer automotive companies, Subaru, Toyota and Honda. 

About Sunright 
Sunright America, Inc. manufactures and sells automobile fasteners. The company takes great care to make sure that every fastener that we produce meets our strict standards of quality and excellence that our customers deserve. For more information, visit www.sunrightamerica.com.  

About IEDC 
Created in 2005 to replace the former Department of Commerce, the Indiana Economic Development Corporation is governed by a 12-member board chaired by Governor Mike Pence. Victor Smith serves as the Indiana Secretary of Commerce and Eric Doden is the president of the IEDC.  

The IEDC oversees programs enacted by the General Assembly including tax credits, workforce training grants and public infrastructure assistance. All tax credits are performance-based. Therefore, companies must first invest in Indiana through job creation or capital investment before incentives are paid. A company who does not meet its full projections only receives a percentage of the incentives proportional to its actual investment. For more information about IEDC, visit www.iedc.in.gov


- 30 - 
  
Media Contacts:  
Toshiaki Takeuchi (Sunright) - 812.342.3430 or takeuchi@sunrightamerica.com  
Katelyn Hancock (IEDC) - 317.234.2294 or kahancock@iedc.in.gov 
Contact Information:
Name: Katelyn Hancock
Phone: 317-234-2294
Email: kahancock@iedc.in.gov
Default
Entry Type:
Press Release
Entry Category:
  • Announcements
  • IN.gov Category:
  • Business & Employment
  • Agency Name
    Economic Development Corporation, Indiana

    Calendar software powered by Active Data Calendar   
    Select item(s) to Search








    Select item(s) to Search
    Select item(s) to Search

    Select item(s) to Search