Auto supplier in Williams Co. to invest $4.5 million, create 104 new jobs
Matsu Ohio, a parts supplier that makes seat panels, door panels, and a variety of other metal products for the auto industry, will make a $4.5 million investment to expand its Williams County operations, adding 104 new jobs.
The company said its investment in new machinery and equipment will help it take on more business opportunities with existing customers who are introducing new vehicles.
Matsu officials said the company’s long-standing history, experience and performance as a leading supplier to original equipment manufacturers (OEMs) and global tier I suppliers were key factors in winning new contracts.
Robert Teixeira, the company’s director of U.S. operations, said, “Matsu Ohio is proud to be part of the Williams County community and is excited about the opportunity to grow our customer base, create jobs, and increase production volume at our Edgerton facility.”
Matsu Ohio is a subsidiary of Matcor-Matsu Group, a privately-owned Canadian firm based in Brampton, Ontario. The parent firm designs and manufactures precision stamped and assembled metallic components for the auto industry. It has 10 manufacturing and tech centers in Canada, the U.S., and Mexico, and employs 1,458 people globally.
JobsOhio, the Regional Growth Partnership, and the Williams County Economic Development Corp. assisted Matsu Ohio with its expansion project. The Ohio Development Services Agency and Ohio Tax Credit Authority approved a Job Creation Tax Credit for the project.
“We and our partners at RGP, the Ohio Development Services Agency and Williams County welcome Matsu’s expansion, which will bring 104 new jobs and the latest automotive manufacturing technology to its Edgerton plant,” J.P. Nauseef, JobsOhio president and CEO, said. “Matsu’s investment demonstrates how Ohio’s location and elite manufacturing talent can play an integral role in global tier 1 suppliers’ success in the North American market.”
Mr. Teixeira said northwest Ohio’s close proximity to Matsu Ohio’s customers was a key factor in the decision to expand the Edgerton facility. Also, “Our workforce is the number one asset we have,” he said of workers in Edgerton.
Posted By: Toledo Blade on May 24, 2021. For more information, please click here to read the source article.
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