Columbus-based auto parts manufacturer NTN Driveshaft announced Tuesday it plans to create up to 50 new jobs by 2013.
NTN Driveshaft Barry is a subsidiary of Japanese-based parts manufacturer NTN Corporation and says it plans to invest $18 million to purchase additional production equipment for its Columbus facility.
“NTN Driveshaft is happy to continue our growth at our Columbus, Ind. location,” NTN Driveshaft Vice President Barry Parkhurst says in a statement. “Our customer demand continues to be strong and this additional investment in capital and training funds will help us meet these strong demands.”
The Indiana Economic Development Corporation offered NTN Driveshaft up to $235,000 in conditional tax credits and $50,000 in training grants because of company’s job creation plans. The company currently has 1,544 full-time employees in Columbus.