CLARKSVILLE, Tenn. – An automotive company in Clarksville announced an $82 million expansion project that will add nearly 100 jobs.
Akebono Brake Corporation, a subsidiary of Tokyo-based Akebono Brake Industry Co., Ltd., said in a news release Thursday from the Clarksville-Montgomery Economic Development Council that the expansion will take place in two phases between 2013 and 2014.
The new expansion will include 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. Akebono said they planned for the new warehouse to open in April. One-third of the approximately 94 new jobs will be filled in Spring 2013, with the rest of the jobs filled by mid-2014.
The plant has been in production since 1989 and was purchased by Akebono in 2009. The expansion will allow the plant to perform caliper machining, plating and assembly at the Clarksville facility, which plant manager Tammy Francesckina said will offer customers more diversified products.
Akebono Brake Industry Co., Ltd. is a global provider of advanced noise, vibration and harshness (NVH) and braking solutions to the world's automotive industry.
The Clarksville plant serves auto manufacturers such as GM, Toyota, Nissan, Honda, Ford and Chrysler and currently employs 503 people.
(The Associated Press Contributed To This Report.)