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true true true

TASUS Postpones Trades District Project

By Barbara Brosher

Posted July 2, 2019

Tasus

TASUS planned to invest more than $9 million in a new U.S. corporate headquarters in Bloomington's Trades District. (Barbara Brosher, WFIU/WTIU News)

An auto parts supplier is postponing building its corporate headquarters in Bloomington’s Trades District to focus on upgrading its production facility.

TASUS employees more than 200 people in Bloomington and has additional manufacturing facilities in Texas, Alabama and Ontario.

The company planned to build its corporate headquarters and a design and development facility in the city’s Trades District. Construction on the $9.2 million project was supposed to start last year.

But, TASUS is putting those plans on hold for at least a year to renovate its production facility on N. Daniels Way.

TASUS says the upgrade to its existing facility is necessary because of growing demand for its products.

“We are finding it necessary to renovate the oldest and busiest of our manufacturing plants, here in Bloomington, to improve space utilization and efficiency to meet the demand,” Melanie Walker, CEO and President of Tsuchiya Group North America said in a press release.

Walker said while the company still hopes to build its headquarters in the Trades District in the future, it didn’t seem right to hold on to the land.

Deputy Mayor Mick Renneisen says the company released its interest in the Trades District lot. 

"We haven’t talked about whether or not we’re going to put it back out on the open market immediately, or wait a little bit and talk to TASUS a bit more about what their plans might look like in the future," he says. 

Renneisen says the city is disappointed TASUS won't be the first company to build in the Trades District, but is happy to see the company expanding. 

TASUS received tax credits and training grants from the Indiana Economic Development Corporation for its planned expansion. The city also offered tax incentives.

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