Japanese manufacturer NTN Driveshaft is planning to expand its current facility and product line in Columbus, Ind., with the purchase of $45 million in new equipment. The expansion will create approximately 140 new jobs.

Since 1989, NTN Driveshaft has invested more than $548 million at its Indiana location. NTN Driveshaft manufactures Constant Velocity Joints for the automobile drive train. Since 1989, NTN Driveshaft has invested more than $511 million at its Indiana location and currently employs more than 1,200 people. The company has 14 plants world-wide and supplies its products to companies like Ford, GM Chrysler, Toyota, Nissan and Honda.

“The latest expansion of NTN Driveshaft in Columbus, Ind., is part of the overall global strategy of NTN Corp.’s commitment to the automotive markets in North America,” said NTN Driveshaft President and CEO Nobuo Satoh. “With this additional investment, the facility in Columbus will have the capacity to meet the demands of our customers and create additional employment and economic development in the state of Indiana. NTN Corp. very much appreciates the continued economic development support from the state of Indiana.”

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