New Japan-Based Indiana Factory To Hire 200

Anderson, Indiana will soon be the new home of a Japanese-based auto parts factory.

NTK Precision Axle Corp. plans to invest $100 million on building a new auto parts manufacturing facility in central Indiana. The company expects construction to starts this spring with production of drive-shaft components to start October 2018.

Officials report 200 workers will be hired over the next five years. The Indiana Economic Development Corp. is offering the company $1 million in tax credits based on plans to add 140 jobs by 2020.