Koyo Corporation of USA Announces $30M Expansion of Washington County Plant

Resource from: Koyo Corporation Likes:2942

Nov 22,2010

(November 19, 2010) Washington County, Tennessee-Koyo Corporation Vice President Steve McCullough has announced the company’s plan to invest $30 million to add 61,000 square feet of space to its Tennessee-based manufacturing facility and to expand the facility’s workforce to 125 employees. “Our continued growth in the USA automotive market is a testament to the quality and dedication of all of our associates,” said Koyo Vice President Steve McCullough. “2009 was a tough year for everyone but Koyo has positioned itself to take full advantage as the auto industry starts to rebound. Koyo’s Washington County plant is an integral part of Koyo’s Long Term Strategy and Growth." Koyo Corporation USA is a wholly owned subsidiary of JTEKT Corporation, a world leader in the production of steering systems, drivelines, bearings and machine tools. JTEKT is one of the world’s largest automotive component suppliers and the company’s Koyo USA subsidiary is a Tier 1 and Tier 2 supplier to Toyota, Honda, Ford, GM, Daimler Chrysler, and BMW.

(Koyo Corporation)

【CBCC News Statement】
1.The news above mentioned with detailed source are from internet.We are trying our best to assure they are accurate ,timely and safe so as to let bearing users and sellers read more related info.However, it doesn't mean we agree with any point of view referred in above contents and we are not responsible for the authenticity. If you want to publish the news,please note the source and you will be legally responsible for the news published.
2.All news edited and translated by us are specially noted the source"CBCC".
3.For investors,please be cautious for all news.We don't bear any damage brought by late and inaccurate news.
4.If the news we published involves copyright of yours,just let us know.

Add to My Favorites

[Close the window]

Previous Thomson Offers 400 Series Linear Guides
Next RBC Bearings Inc. (ROLL) President and CEO Michael J Hartnett sells 51,285 Shares

BRIEF INTRODUCTION

Cnbearing is the No.1 bearing inquiry system and information service in China, dedicated to helping all bearing users and sellers throughout the world.

Cnbearing is supported by China National Bearing Industry Association, whose operation online is charged by China Bearing Unisun Tech. Co., Ltd.

China Bearing Unisun Tech. Co., Ltd owns all the rights. Since 2000, over 3,000 companies have been registered and enjoyed the company' s complete skillful service, which ranking many aspects in bearing industry at home and abroad with the most authority practical devices in China.