An automotive and transportation products supplier plans to expand its operations in Indiana to Bloomington.
Tsuchiya Group North America supplies plastic molded components, printed or formed graphics, and traded products. It is the North American division of Japan-based Tsuchiya Co. Ltd.
It’s investing $9.2 million to build a new corporate headquarters and R&D center in Bloomington’s Trades District. It is the first group to locate in the downtown Tech Park.
“This tech-savvy first new employer will no doubt inspire additional investment in the area and bring the kind of vibrant energy and excellent jobs we want to see there,” said mayor John Hamilton.
The new operation site will be the Tsuchiya Group’s first North American engineering and design facility. The organization currently employs nearly 600 associates, including more than 200 in Indiana. Thirty-four of those associates are based in Bloomington now.
“For Tsuchiya Group and TASUS, this is an ideal location to open a manufacturing technical and design center. We are surrounded by the likes of Ivy Tech, the Hoosier Hills Career Center, Vincennes University and of course Indiana University,” said Melanie Walker Hart, chief executive officer of Tsuchiya.
The Indiana Economic Development Corporation offered TASUS up to $300,000 in tax credits and more than $40,000 for training grants. The City of Bloomington is offering additional incentives.
Construction on the project is expected to begin in 2018. The group says it will create up to 18 new jobs in Bloomington by 2020.