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Jun 21, 2016

Nippon Steel & Sumitomo Metal Corporation

SHELBYVILLE, Ind. (June 21, 2016) – Governor Mike Pence and Shelbyville Mayor Tom DeBaun joined executives from Nippon Steel & Sumitomo Metal Corporation (NSSMC), Japan’s largest steel producer, today as the company announced plans to establish operations in Shelbyville, creating up to 70 new jobs by 2021.

“Indiana’s business climate is attracting international investment, with 800 global corporations now supporting more than 150,000 Hoosier jobs across the state,” said Governor Pence.

 “Indiana is home to the largest Japanese investment per capita in the nation, and today I’m proud to welcome yet another Japan-based firm to the Hoosier state. Global firms like Nippon Steel & Sumitomo Metal Corporation continue to choose Indiana for growth and job creation because of our efforts to create an affordable, pro-growth economic environment while investing in our hardworking Hoosier workforce," said Governor Pence.

The new company, Nippon Steel & Sumikin Cold Heading Wire Indiana Inc. (NCSI), will be a wholly-owned subsidiary of Tokyo-based NSSMC and will invest $50 million to construct and equip a 150,000-square-foot facility at 400 Northbrook Drive. Adjacent to another NSSMC operation, Indiana Precision Forge, the company will process cold heading steel wire used for fastener applications by the automotive parts industry, producing 39,000 metric tons annually and serving manufacturers across Indiana, Ohio and Kentucky. The company broke ground on the new facility today and expects to be fully operational by the spring of 2018.

NSSMC Article Content

“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 Nippon Steel & Sumikin Cold Heading Wire Indiana. “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."