Strategic Development Group assists JTEKT with the location of its new headquarters
Strategic Development Group (SDG), one of the nation’s leading site selection and economic development consulting firms, has helped JTKET North America locate its new North American headquarters in Greenville County, S.C. Services focused on negotiation of state and local incentives.
SDG has worked extensively with JTEKT for over 10 years and has helped the company with site selection and incentive negotiations at its Washington County, Tenn. facility. In South Carolina, SDG has assisted JTEKT with major expansions of manufacturing capacity in Blythewood and Greenville.
“We are always honored to assist JTEKT’s executive leadership with siting and expanding new facilities in the U.S.,” said SDG President Mark Williams. “The location of the company’s North American headquarters facility in Greenville is a significantly positive move for JTEKT and is a testament to the attractiveness of South Carolina’s growing automotive cluster.”
“The Coordinating Council for Economic Development in South Carolina was able to offer job development credits related to the project and Greenville County made grant funds available, creating a win-win scenario for the company, the state, and Greenville County,” Williams added.
JTEKT North America was established in 2013, bringing together all of JTEKT’s global products under one umbrella. With more than 5,400 people and 14 manufacturing facilities in North America, the companies that make up JTEKT North America supply driveline components, steering systems, bearings and machine tools. Some of the automotive OEMs supplied by JTEKT include BMW, Toyota, Lexus, Nissan, Honda, and Chrysler. Additionally, JTEKT supplies original equipment and aftermarket companies in a wide variety of industries.
JTEKT decided to locate its North American operational headquarters alongside its Koyo bearing product technical center at The Clemson University International Center for Automotive Research (CU-ICAR), an advanced-technology research campus for the automotive industry. The new headquarters facility is expected to be operational in the first quarter of 2016.