More growth is on the way for Aisin USA, Mfg., Inc. at its Seymour locations.
To support new and existing automobile models, Aisin plans to invest $23,052,450 at Plant 1 (1700 East Fourth Street) and Plant 2 (500 Burkart Blvd.) at the East Side Park, company officials announced in May.
“Aisin USA anticipates making expenditures … for new manufacturing equipment and renovations to existing equipment related to customer design change requirements and new model requirements for automotive components,” said Betsy Cornett. Finance general manager for Aisin USA, adding that parts will be produced for Toyota models Sienna, Camry, Highlander, Corolla and Avalon as well as Honda Odyssey, General Motors, Subaru and Lexus.
At plant 1, Aisin plans to invest $14,473,300 for new equipment plus $3,413,700 in building improvements; plant 2 will see $4,805,450 in machinery and $360,000 in real property improvements added.
At both facilities, Aisin USA employs 1,927 associates, and the investment will enable the company to retain those workers. Aisin is the 5th largest tier one automotive supplier in the world; Seymour was the location of the company’s first manufacturing operation in the United States in the late 1980s.