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Aisin Drivetrain, Inc. (ADI) will be investing around $14 million in new manufacturing equipment and add another 40 jobs to their Crothersville manufacturing plant to make six-speed automatic transmissions for the light and medium-duty commercial truck market, according to ADI President Scott Turpin.
Production of the new automatic transmission is scheduled to begin in December 2012.
Turpin said ADI has secured new business with a major OEM (original equipment manufacturer) customer. He declined to name the customer for the time being.
“Other (original equipment) truck manufacturers have expressed interest in ADI’s commercial automatic transmissions,” he said, “Design discussions are underway for potential variants for specific customer applications.”
Aisin Drivetrain officials along with Jackson County Industrial Development Executive Director Jim Plump were expected to seek approval of a $14 million tax abatement at Tuesday night’s town council meeting.
Founded in 1996, ADI is a global supplier of industrial transmissions for the forklift industry and steering columns for the automotive industry. ADI currently employs 146 team members with projected annual sales of over $65 million for 2011.