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Decision on new plant in Cibolo, Texas

Aisin decide to locate a new production base in the U.S., which was announced in April 2019, in the City of Cibolo, Texas

Aisin AW Co., Ltd. (hereinafter, “AW”) decide to locate a new production base in the U.S., which was announced in April 2019, in the City of Cibolo, Texas.

AW, based in Anjo City, Aichi was founded and started business in 1969. Ever since then, it has developed as a leading manufacturer of transmissions adopted by car manufacturers around the world.

The Aisin Group’s auto parts business in the U.S. began with Aisin U.S.A. Mfg., Inc. founded in the state of Indiana in 1988, and has expanded to operate 32 companies, creating jobs for around 12,600 people, with sales reaching approximately 574 billion yen today.

At the new production site in the City of Cibolo, Texas, AW established AW Texas, Inc. (hereinafter, “AW Texas”.) AW Texas will start production of automatic transmissions.

In line with the new plant construction, capital investments up to $400 million and new employment of approximately 900 people are planned in five years up to 2023.

We are advancing the preparations toward the commencement of production in September 2021.

“The Lone Star State continues to build on its reputation as a manufacturing powerhouse thanks to investments from innovative companies like Toyota and Aisin AW,” said Governor Greg Abbott. “Their combined new investment of nearly $800 million in the San Antonio area is a testament to Texas’ unrivaled workforce and commitment to creating an environment where businesses can thrive free from the heavy hand of government regulation and over-taxation. I am grateful to Toyota and Aisin AW for bringing more jobs to the Lone Star State and I look forward to growing our already strong partnership.”

“This project means more than the great jobs it will bring. Welcoming Aisin AW improves business conditions for the whole region’s manufacturing sector. I am so proud of our regional team: The City of Cibolo, Guadalupe County, GVEC, The San Antonio Economic Development Foundation, and the State of Texas worked together to bring this game-changing, global project home to South Central Texas. We look forward to long and fruitful relationship with the company.” said Robert T. Herrera, City Manager of Cibolo.

Please click here to view the full press release.

SOURCE: Aisin

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