By Zach Spicer
Local companies recently received approval for investments.
During the April 14 Seymour Common Council meeting, Nippon Steel Pipe America Inc. announced a $646,000 investment for new equipment. Noriko Taguchi, the company’s financial manager, said the equipment will be a much better replacement of current equipment.
The investment is scheduled to begin after May 1 and be complete by February 2026. Although no new jobs are planned, the investment will allow the Eastside Industrial Park company to maintain its current workforce of 408 associates.
The council unanimously approved the tax abatement for qualified personal property.
A week before, the Brownstown Town Council approved a $250,000 personal property investment for E&H Tubing Inc., which is located in the Brownstown Industrial Park. No new jobs were created, but 73 employees were retained.
Another company in the county seat, Brownstown Quality Tool & Automation LLC, received approval from the Jackson County Council on April 16 for an investment of $635,000 for new machinery. That will help the company on the south side of Brownstown retain seven positions.
On April 28, the Seymour Common Council approved tax abatements for Cummins Seymour Engine Plant and AISIN USA Mfg. Inc.
Cummins, which is located along East Fourth Street, announced a $28.4 million investment, including $19,952,806 in personal property and $8,414,557 in real property.
AISIN’s new investment totaled $32.9 million, including $32,542,500 in personal property and $438,000 in real property. The company is located in the Eastside Industrial Park.
In both cases, no new jobs are projected, but there will be retention of nearly 1,800 workers and payroll of more than $123 million for AISIN and 921 workers with wages of $74.4 million for Cummins.
These two investments take the yearly total to $76.87 million in promised investment.
