By Rhoda Miel, Plastics News Staff
Windsor, Ontario -- Auto supplier Windsor Machine Group will invest $4 million in a new plant in Princeton, Indiana, to make headrests for Toyota Motor Corp. and other automakers.
The site will open in an existing 25 000-sq.ft (2323 sq.m) building during the first quarter of 2010 and begin with assembly of components from other plants, said Chief Financial Officer Dave Zultek in a 14 Dec telephone interview. Expansion into full production will depend on how business grows. The plant is expected to employ up to 130 people.
Windsor, Ontario-based Windsor Machine moulds polyurethane foam along with some rubber and metal processing for headrests, auto seating and exhaust systems.
The Indiana Economic Development Corp. is providing $275 000 in tax credits and $39 000 in training grants to help the company launch its Princeton site.