NTK Precision Axle Corp.

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.

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.

Automotive supplier NTK Precision Axle Corp. plans to expand its operations in Indiana by establishing a new axle assembly plant in Anderson, Indiana. The company plans to create nearly 200 jobs over the next five years.