13 August 2012

Japanese Steel Tubing manufacturer to invest $20mn and create 18 new jobs in Jackson County, Indiana

Seymour, Ind. – 13 August 2012 – Seymour Tubing, Inc. (STI), a division of a Japanese steel pipe supplier, announced plans today to expand its operations here, creating up to 18 new jobs by 2014.

STI, which manufactures carbon and stainless steel tubing components used by carmakers, will invest $20 million to construct and equip an additional 51,000 square feet of manufacturing space at its current facility located at 1515 E. 4th St. in Seymour. As part of the project, the company will purchase new manufacturing and tube-forming equipment for the facility, which is slated to be operational next July.

“Indiana continues to see impressive investment from international companies in our automotive manufacturing industries,” said Dan Hasler, Secretary of Commerce and chief executive officer of the Indiana Economic Development Corporation. “STI’s growth in Seymour is yet another sign that Indiana’s business friendly climate is creating a competitive environment for businesses around the globe to grow.”

The company, which currently employs more than 390 Hoosiers, plans to begin hiring additional manufacturing, production and quality control associates later this year. 

“In conjunction with the expansion of our facility and the installation of state of the art tube forming and cutting equipment, STI will be increasing the number of employees at our Seymour facility. The training grant from the state of Indiana will allow us to train these new employees as well as improve our current workforce skill set in the areas of quality, manufacturing and management,” said STI accountant Lennie Eckhart. “We feel that with this training we can better serve our customers, our employees, our shareholders, and our community. STI appreciates the commitment that the state of Indiana has with its business community and their employees."

Founded in 1989, STI is owned by Japan-based Sumitomo Pipe & Tube Co., LTD and Mitsui & Co. (USA) Inc. The company supplies steel tubing in various thicknesses, diameters, lengths and styles that is used primarily as structural components for automobiles. 

The Indiana Economic Development Corporation offered Seymour Tubing, Inc. up to $90,000 in training grants based on the company’s job creation plans. These incentives are performance-based, meaning until Hoosiers are hired, the company is not eligible to claim incentives. The city of Seymour has approved additional property tax abatement at the request of the Jackson County Industrial Development Corporation.

STI’s expansion comes on the heels of two recent announcements by Japanese-based automotive companies to bring jobs to Indiana. Just last week, Indiana MARUJUN announced its decision to invest $21.78 million to increase production capacity at its Winchester facility, adding up to 50 new jobs. Also, Greenville Technology, Inc., a Japanese-based Honda plastics components supplier, broke ground on its first Indiana facility in Anderson last month, which will create up to 325 new jobs over the next few years. 

Source: IEDC