# NTK Precision Axle to build $100M plant in Anderson, Indiana

NTK Precision Axle Corp. is breaking ground on a 300,000 square-foot manufacturing facility in Anderson, Indiana, investing over $100 million. The plant is expected to create nearly 200 jobs by 2021 and begin production in October 2018.

- Type: New facility
- Announced: 2017-06-07
- Where: Anderson, Indiana, United States
- Value: $100.0M
- Jobs: 200
- Starts operating: Oct 2018
- Status: under construction
- Capacity: 300,000 square-foot facility
- Products: precision axles
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [NTK Precision Axle Corp.](https://endata.com/companies/17242.md)
- [NTN Corp.](https://endata.com/companies/17243.md) (partner)

## Sources

- [insideindianabusiness.com](https://www.insideindianabusiness.com/articles/ntk-to-break-ground-on-100-anderson-plant), 2017-06-07: "Japan-based NTK Precision Axle Corp. is investing more than $100 million to build the facility, which it says will create nearly 200 jobs by 2021."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.