NORTH MANCHESTER, Ind. (July 12, 2018) – Oji Intertech Inc., a Japan-owned automotive and industrial parts manufacturer, announced plans today to expand its operations in Wabash County, creating up to 33 new jobs by 2021.
“Oji Intertech’s decision to expand in Wabash County continues a long trend of Japanese companies choosing Indiana for growth,” said Indiana Secretary of Commerce Jim Schellinger. “As we work to strengthen Indiana’s global economy, we’re committed to building stronger relationships with long-term investors like Oji Intertech and with our government and industry partners abroad. We’re proud of our strong partnership with Japan, which now supports 290 business facilities in Indiana, and look forward to even more milestones ahead thanks to companies like Oji Intertech.”
The company, which is a subsidiary of Tokyo-headquartered Oji Interpack Co. Ltd, will invest $4.5 million to double its 80,000-square-foot plant at 906 W. Hanley Road in North Manchester, adding another 80,000 square feet to support its quickly-growing U.S. client base. Oji Intertech, which specializes in compression molding, diecutting, assembly and extrusion coating, plans to upgrade its machinery and equipment to allow for an additional two molding lines starting in 2020. Scheduled to be fully operational by 2022, these enhancements will help the company boost its production of components for the automotive and industrial packaging industries.
“The additional investment into our North Manchester facility is the direct result of the sustained efforts of our employees and the positive business environment that both the state and county have created,” said Rick Sereno, president of Oji Intertech.
Oji Intertech, which also has a location in Michigan, currently has 101 full-time associates at its North Manchester-based facility. The company has started hiring and plans to add manufacturing positions focused in production molding. Interested applicants may apply online.
Founded as Eften Inc. in 1985, the company moved to North Manchester in 1998 and changed its name to Oji Intertech in 2002 to closely align with its parent company. Oji Intertech offers innovative products for its customers while maintaining high-quality standards, superior delivery performance and cost-competitive pricing.
The Indiana Economic Development Corporation offered Oji Intertech up to $175,000 in conditional tax credits and $100,000 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 town of North Manchester approved a 10-year personal and real property tax abatement at the request of Grow Wabash County at a town council meeting on July 11.
“We are thrilled that Oji Intertech has continued to grow in their operation in North Manchester,” said Toby Tobias, president of the North Manchester Town Council. “We have enjoyed a great relationship with Oji for over 30 years, and they have a large impact on our local economy. We are happy to build upon our continued partnership.”
Oji Intertech is one of more than 290 Japanese business establishments in Indiana that employ more than 65,000 Hoosiers. Among all U.S. states, Indiana has the largest amount of Japanese investment per capita.
About Oji Intertech
Oji Intertech is a dynamic growth company serving the automotive/transportation and industrial packaging industries. Their core competencies are centered around compression molding, diecutting, assembly and extrusion coating. Their production technologies allow them to offer customers an array of products that support multiple industries.
The Indiana Economic Development Corporation (IEDC) leads the state of Indiana’s economic development efforts, helping businesses launch, grow and locate in the state. Governed by a 15-member board chaired by Governor Eric J. Holcomb, the IEDC manages many initiatives, including performance based tax credits, workforce training grants, innovation and entrepreneurship resources, public infrastructure assistance, and talent attraction and retention efforts. For more information about the IEDC, visit www.iedc.in.gov.