10 January 2013

Japan-based Akebono plans to invest $82 million and create 94 jobs in Clarksville, Tennessee

- Second expansion for Akebono in Clarksville-Montgomery County 

09 January 2013 - Akebono Brake Corporation, a subsidiary of Tokyo, Japan-based Akebono Brake Industry Co., Ltd., announced that it will be moving forward on an $82 million expansion of its Clarksville, Tenn. location. This will also mean approximately 94 additional jobs to the community. Akebono is a global provider of advanced noise, vibration and harshness (NVH) and braking solutions to the world’s automotive industry.

“I am honored to be working with Akebono on their upcoming expansion and assisting with their growth in our community,” said Kay Drew, Chairman of the Clarksville-Montgomery County Industrial Development Board. “This announcement is another example of the positive results we gain from having our Economic Development Council, Industrial Board and Aspire Foundation working closely with our City and County leadership to not only recruit new jobs for our community but also to support the growth of our current corporate partners.” 

“I am very pleased to announce Akebono’s continued investment in our Clarksville facility,” said Tammy Francesckina, the Clarksville Plant Manager. “This investment allows us to improve our manufacturing processes, increase our depth of manufacturing, and offer our customers a more diversified product portfolio. The planned expansion will certainly have a positive impact for both our customers and our community.” 

This will be the second expansion for Akebono in Clarksville-Montgomery County. The plant, which is located inside the Corporate Business Park, has been in production since 1989. Akebono acquired the plant from Robert Bosch LLC at the end of 2009 and promptly announced plans to expand the facility. That expansion was completed in 2011. The newest expansion will take place in two phases, spanning across 2013 and into the second quarter of 2014, and includes construction of an on-site warehouse and installation of specialized furnaces during phase one and the addition of new equipment and machines in phase two. Upon completion of this expansion, Akebono will be capable of caliper machining, plating and assembly, a process it has not been able to do at its Clarksville facility in the past. 

Akebono is slated to have the new warehouse operational in April 2013. It is projected that one-third of the approximately 94 new jobs will be filled in the spring of 2013 and the remaining will be filled by mid-2014. 

Akebono manufactures a wide range of brake friction materials and foundation brake assemblies, including disc brake calipers and drum brakes, employing the Akebono Production System (APS). The Clarksville location serves automotive customers such as GM, Toyota, Nissan, Honda, Ford and Chrysler, and currently employees 503 people. Annual sales at the Clarksville location during 2012 were estimated to be $435 million

Source: Clarksville Economic Development