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Japanese Manufacturer, NSSMC Plans $50M Plant, 70 Jobs in Indiana

Started by Petchra Siya Mok, June 23, 2016, 04:54:50 PM

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Petchra Siya Mok



Japanese Manufacturer, NSSMC Plans $50M Plant, 70 Jobs in Indiana

Japan's largest steel producer announced to open a subsidiary in Shelbyville that will build a $50 million manufacturing facility employing up to 70 workers by the end of 2021.

Tokyo-based Nippon Steel & Sumitomo Metal Corp., or NSSMC, said the new business will be called Nippon Steel & Sumikin Cold Heading Wire Indiana Inc., or NCSI.

The 150,000-square foot facility, to be constructed at 400 Northbrook Drive, is expected to be fully operational by spring 2018. The location is adjacent to another NSSMC operation—Indiana Precision Forge.

The new plant will process steel wire used for fastener applications by the automotive parts industry.

"This facility is the first U.S. production plant for the NSSMC Bar & Wire Rod Unit, already operating in Thailand and China, and we are excited to be locating in Indiana," said Hideoki Kimura, president of NCSI, in a written statement. "High quality wire is essential to producing nuts, bolts and other fasteners used in cars and trucks to ensure the highest levels of safety. We chose Indiana and the Shelbyville community for this investment because of the central location, established manufacturing industry and the skilled workforce available."

NSSMC has more than 84,000 employees worldwide who operate nine research and development facilities and produce steel in 15 countries.

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