JTEKT North America Expanding Greenville Operations

GREENVILLE, SC – November 9, 2015 – The Greenville Area Development Corporation (GADC), the County-chartered organization tasked with advancing the area’s economic growth, announced today that JTEKT North America, a leader in automotive and industrial product solutions, is expanding its operations in Greenville County. The company will be investing $1.75 million to establish an operational headquarters at CU-ICAR, creating 27 new jobs in Greenville, S.C.

“New business ventures and existing industries are important pieces of the Greenville economic engine,” said Greenville Mayor, Knox White. “Due to our manufacturing excellence, skilled workforce, and unmatched quality of life, the city is home to some of the most technically advanced companies in the world, and the announcement of JTEKT North America increasing their current footprint in the city further demonstrates Greenville’s ability to support world class research development and executive leadership positions. Support of projects like the Clemson University ICAR campus, which serves as a recruiting tool for attracting the best and brightest, is part of the City’s long-term vision, and we are very pleased to see those investments pay off as JTEKT North America expands within the ICAR campus.”

Expanding its Greenville County operations, JTEKT has decided to locate its North American operational headquarters alongside its Koyo bearing product technical center at CU-ICAR, an advanced-technology research campus for the automotive industry. Occupying facilities at both 1 and 7 Research Drive in Greenville, S.C., the expansion is expected to be fully operational in the first quarter of 2016. Hiring for the 27 new positions has already begun. Those interested in joining the JTEKT North America team may visit the company’s career page at www.jtekt-na.com/careers/.

“After finding a welcoming home at the CU-ICAR campus, JTETK North America is putting down additional roots in Greenville County,” said GADC President and CEO Mark Farris. “The Upstate automotive landscape is one of the strongest in our region, and GADC is proud to assist in its growth and development.”

JTEKT Corporation was established in January 2006 through the merger of Koyo Seiko Co., Ltd., a world-class bearing manufacturer, and Toyoda Machine Works, Ltd., a machine tool manufacturer excelling in world-leading technologies. Combining the most advanced technologies and the manufacturing passion of the two companies, JTEKT is now a trusted systems supplier of JTEKT brand automotive steering & driveline components, Koyo brand bearings, and Toyoda machine tools, employing more than 44,000 workers worldwide. JTEKT North America employs more than 7,000 associates at 14 manufacturing facilities plus additional technical and sales centers in North America.

“To see a company like JTEKT grow beyond their initial investment in the county lets us know that we are doing things right here in Greenville,” said Greenville County Council Chairman Dr. Bob Taylor. “Our business climate, infrastructure, and talented workforce all help make this a globally-recognized destination for the automotive industry.”

“The combination of a strong automotive community and the wealth of well-educated, STEM-friendly personnel we have established in Greenville County are what made this expansion possible,” said GADC Chairman Dick Wilkerson. “We look forward to continuing our partnership with JTEKT and anticipate that their new headquarters will flourish.”

The Coordinating Council for Economic Development has approved job development credits related to the project. For more information on JTEKT visit www.jtekt.co.jp/e/.

About The Greenville Area Development Corporation

The Greenville Area Development Corporation is a nonprofit organization established by Greenville County Council to promote and enhance the economic growth and development of Greenville County. Since its founding in 2001, GADC efforts have resulted in the creation of more than 18,500 new jobs and more than $3 billion in capital investment in Greenville County, SC. To learn more, visit www.goGADC.com or call 864-235-2008.

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