# NTK Precision Axle to build $100M auto-parts factory in Anderson, Indiana

NTK Precision Axle Corp., a Japan-based company, plans to spend $100 million on a new auto-parts factory in Anderson, Indiana. Construction is expected to start in spring 2017, with production of drive-shaft components beginning in October 2018, and the factory will hire 200 workers over five years.

- Type: New facility
- Announced: 2017-03-03
- Where: Anderson, Indiana, USA, United States
- Value: $100.0M
- Jobs: 200
- Starts operating: Oct 2018
- Status: announced
- Products: drive-shaft components
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

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

## Sources

- [tribstar.com](https://www.tribstar.com/news/indiana_news/japanese-company-plans-new-auto-parts-factory-in-anderson/article_46c5bdbb-735f-55ce-a0b4-f1d0766c15f7.html), 2017-03-03: "A Japan-based company plans to spend $100 million on building a new auto-parts factory in central Indiana."

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