Anderson, IN - NTN Corporation (“NTN”) hereby announces that “NTN DRIVESHAFT ANDERSON, INC. (NDA)” has been established in Anderson, Indiana, as the third manufacturing plant for automotive driveshafts in America. Mr. Hiroshi Ohkubo, President of the NTN Corporation attended the ground breaking ceremony in Anderson, Indiana on Tuesday, November 17th along with Indiana’s Governor, Mr. Mike Pence, Anderson Mayor Kevin Smith, and Mr. Tetsuya Sogo, CEO of NTN Americas Region, as well as several NTN senior leaders.
Mr. Ohkubo spoke at the ceremony, thanking the state of Indiana and the city of Anderson for their support in securing the site for NTN Driveshaft in Anderson.
Mr. Sogo also made a donation on behalf of NTN Americas to the Madison County Chapter of the United Way Charities.
Purpose of establishing the new company
One of the basic policies of the three-year medium-term management plan “NTN 100” that began in April 2015 is to “Manage Profitability,” and NTN is focusing on structural reform of the driveshaft business as part of this major theme.
NTN has been making the move to local production in America, by establishing “NTN DRIVESHAFT INC. (NDI)” in Columbus, Indiana, U.S.A. in 1989 to manufacture driveshafts, and “NTK PRECISION AXLE CORP. (NTK)” in Frankfort, also in Indiana, in 2003 to manufacture pre-process parts for driveshafts. In 2007, NTN also established “Seohan-NTN Driveshaft USA CORP.” in Alabama to produce driveshafts.
Demand for SUVs and pickup trucks have soared in recent years in North America , which has led to a sudden increase in demand for NTN driveshafts, and existing manufacturing plants in North America have been under full production. With strong demand is forecasted into the future, a decision was made to establish the third plant in America for manufacturing driveshafts. NTN will strengthen the driveshaft supply system and increase local production with the aim of achieving the “NTN driveshafts achieving World's No. 1 customer satisfaction level.”
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