Nishikawa of America announced Tuesday it is adding 25 more jobs
by 2014.
by 2014.
The company, which does business as NISCO, is a joint Japanese-American venture between Nishikawa Rubber Co. of Hiroshima, Japan, and Cooper Standard of Novi, Mich.
NISCO manufactures weatherstrips and various other seals for both foreign and domestic original equipment manufacturing automotive companies. The company has a second facility located in Bremen.
As part of the expansion, which is expected to be completed by December, NISCO will install three new rubber-extrusion lines and additional injection-molding presses, according to the release.The company will invest $8.6 million to equip its current 200,000-square-foot facility at 324 Morrow St., Topeka, according to a release from the Indiana Economic Development Corp.
$8.6 million to equip its current 200,000-square-foot facility at 324 Morrow St., Topeka, according to a release from the Indiana Economic Development Corp.
...
Tuesday's announcement marks NISCO's second expansion in less than a year. In June, the company announced plans to invest $5.5 million to add equipment to its Topeka facility, creating up to 15 new jobs.
The Indiana Economic Development Corp. offered the company up to $160,000 in training grants based on its job creation plans.
creation plans.
The incentives are performance-based, meaning the company is not eligible to claim incentives until Hoosiers are hired. The town of Topeka approved additional tax abatement at the request of the LaGrange County Economic Development Corp.
