Japanese Auto Supplier To Locate New Facility In Indiana

A Japan-based automotive industry parts supplier plans to establish operations in Indiana.

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A Japan-based automotive industry parts supplier plans to establish operations in Indiana.

Officials say the project announced this week in Washington, IN, by M&C Tech Indiana could create up to 70 new jobs by 2021.

The company, which is a joint venture between Moriroku Chemicals and Chubu Chemicals, will invest $4.6 million to build a 40,000-square-foot factory to manufacture plastic parts for the auto industry. Construction is expected to be completed in 2017.

The Indiana Economic Development Corp. offered M&C Tech Indiana up to $275,000 in conditional tax credits and up to $40,000 in training grants based on the company's job creation plans.

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