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Tokusen USA Bringing 134 Jobs to Indiana

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indianaflag_160x120Tokusen USA Inc. announced plans to open a new plant in Indiana that will bring 134 jobs to the area by 2012.

A press release from the Indiana Economic Development Corp. said the company plans to immediately hire manufacturing, supervisory and clerical employees. Production at the plant in Scottsburg is slated to begin in August.

The IEDC plans to give $1.1 million in performance-based tax credits and up to $75,000 in training grants based on Tokusen’s job-creation.

“Indiana’s low-cost competitive environment is continuing to attract investment from companies around the world,” Indiana Lt. Gov. Becky Skillman said in a news release. “Tokusen’s work here will promote renewable energy development and create new opportunities for workers in Southern Indiana.”

Tokusen, which produces cutting wire used to slice silicon ingots, is based in Japan. The company also has a facility in Conway, Ark. that employs more than 300 people.

Tokusen USA Bringing 134 Jobs to Indiana by
Authored by: Harrison Barnes