An auto parts manufacturer in Clinton has announced a second major expansion, a $53.8 million investment expected to create 81 new jobs during the next two years.
The investment was announced Tuesday byÂ Tennessee Economic and Community Development Commissioner Bill Hagerty and executives from Aisin Holdings of America Inc.
The company’s subsidiary in Clinton is calledÂ Aisin Automotive Casting Tennessee, and it’s located along Frank L. Diggs Drive south of State Route 61 and just west of Interstate 75. It’s the companyâ€™s second major business expansion since locating in Tennessee in 2004.
â€œThe strength of Tennesseeâ€™s automotive sector is a direct result of the dedication and hard work put forth by the 900 auto manufacturers and suppliers who call Tennessee home,â€ Hagerty said. â€œThriving companies like Aisin recognize the benefits of doing business in our state and continue to take advantage of our prime location and superior business climate. I appreciate Aisinâ€™s decision to further invest in Tennessee and thank the company for its continued confidence in our quality workforce.â€
Aisin Automotive Casting Tennessee is an automotive parts supplier for General Motors, Nissan, and Toyota.
â€œWith the increasing sales of engine components in North America, the role of our plant here in Clinton becomes even more important to the overall business expansion of the Aisin Group,â€ said Stephen Barnes, president of Aisin Automotive Casting Tennessee. â€œThe dedication of our team members along with the continued support from the Tennessee Department of Economic and Community Development and Tennessee Valley Authority has provided this opportunity for Aisin to continue another stage of growth here in Anderson County.â€
Aisin now occupiesÂ a 524,000-square-foot facility in the Interstate 75 Industrial Park in Clinton, and it employs Â 595 workers.
“The additional equipment investment will support both increased customer demand and new products secured for future models,” a state press release said.
The release said the Clinton operation is a full-process, die casting facility that includes casting, machining, and assembly to produce engine components such as water pumps, oil pumps, and pistons that will be installed in automobiles produced by Aisin customers located throughout North America.
â€œCongratulations to Aisin Automotive Casting on their latest expansion, which brings new investment and more jobs for local community residents,â€ said John Bradley, TVA senior vice president of Economic Development. â€œAutomotive manufacturing and suppliersâ€™ continued growth is vital for our regionâ€™s prosperity, and thatâ€™s why economic development partnershipsâ€”including the state of Tennessee, Anderson County Economic Development Association, city of Clinton, Clinton Utilities Board, and TVAâ€”work to help companies like Aisin grow and thrive in our region.â€
â€œAisin has been a solid corporate citizen since locating in 2004, and this is another sign that our automotive parts manufacturing sector is thriving in Clinton,â€ Clinton Mayor Scott Burton said. â€œThanks again to our partners at the state of Tennessee, TVA, and Clinton Utilities Board for their support of existing industries.â€
â€œAisinâ€™s continued expansion is the result of hard work, dedication and commitment, and Anderson County is extremely proud to have them in our community,â€ Anderson County Mayor Terry Frank said. â€œAisin has been an outstanding supporter of our local community and we canâ€™t thank them enough. We are grateful for the assistance provided by the Tennessee Department of Economic and Community Development and TVA over the years that has contributed to their success.â€
For more information, visit http://www.aisintn.com/.