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Nov 19, 2015

NTN Driveshaft

ANDERSON, Ind. (Nov. 17, 2015) – Governor Mike Pence joined executives from NTN Driveshaft Inc. and its Japan-based parent company NTN Corporation today as the companies announced plans to grow their Indiana operations, establishing a new manufacturing plant in Anderson that is expected to ultimately create up to 510 new jobs.

“Today’s announcement further solidifies Indiana as the best state in the nation for business and for advanced manufacturing,” said Governor Pence. “Indiana continues to boast the highest concentration of private sector manufacturing jobs in the nation because of our efforts to support businesses by cutting taxes, reducing burdensome regulations and investing in our growing workforce. NTN – both in Japan and here locally – has been a great partner of the state for the past 25 years, and I am proud that they have once again chosen Indiana to create even more quality jobs for Hoosiers.”

NTN Driveshaft Inc.

“Despite several recent expansions, our manufacturing plant in Columbus has exceeded capacity due to growth in the automotive industry and the resulting needs of our customers,” said Jim Riggs, president of NTN Driveshaft.

“After conducting an exhaustive multi-state search, we selected Indiana for this new facility because of its business-friendly climate and policies, the availability of skilled labor and the strong Hoosier work ethic. Thanks to the coordination of support from the city of Anderson and the state, we are confident that this expansion will drive the success of NTN forward for years to come.”

NTN Corporation, which was established in Osaka, Japan, in 1918, is a global manufacturer of mechanical parts and equipment, such as bearings, drive shafts and production equipment serving customers in the transportation sector. The company established NTN Driveshaft in Columbus in 1990 and NTK Precision Axle in Frankfort in 2004, which together employ more than 1,600 Hoosiers.