NTN Corp.

NTN Corporation was awarded business to provide rear halfshafts for 100% of MY2021 Cadillac Escalades from General Motors, with mass production starting in summer 2020.

NTN Driveshaft will invest $58 million and create up to 140 new jobs to expand its driveshaft production facilities in Anderson, Indiana.

NTN Corporation signed a joint venture agreement with PT. Inti Ganda Perdana (IGP) of Astra Group to establish a new company manufacturing constant velocity joints in Karawang, Indonesia. Mass production is targeted for August 2020.

NTN Driveshaft, a subsidiary of NTN Corporation, will invest $90 million to expand its manufacturing operations in Columbus, Indiana. The project will create up to 100 new jobs by 2023, with production increase beginning in fall 2019 and full operation within three years.

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.