Toyota supplier to grow in Durham, Granville
Posted November 4, 2013
Durham, N.C. — A company that makes transmissions for Toyota vehicles plans to expand its Durham County manufacturing plant and buy a plant in neighboring Granville County, creating a total of 141 jobs, officials said Monday.
AW North Carolina Inc. plans to invest $112 million in its 820,000-square-foot plant in Treyburn Corporate Park, on Old Oxford Highway north of Durham, for an automatic transmission production line, officials said. The move will add 56 jobs over the next two years.
The subsidiary of Japan-based Aisin AW Co. Ltd. also is purchasing a building in Butner where Flextronics used to make Redbox DVD rental kiosks before shutting it down early this year. AW North Carolina expects to invest $25 million in the plant and hire 85 people over five years, officials said.
Durham County has agreed to provide AW North Carolina with $900,000 in incentives, while Granville County will provide $742,500 and Butner provide $312,500 in incentives over five years.
Durham County competed with two other sites in North Carolina and sites in Georgia, Tennessee and Mexico for the plant expansion, officials said.
“Durham County is blessed to have North Carolina’s largest Japanese-owned company here in our county, and we wish them continued success in the future,” Fred Foster, chairman of the Durham County Board of Commissioners, said in a statement.
"High-quality jobs with a great corporate company is what every community desires. We look forward to a long-term relationship with such a highly respected, community-minded company,” Edgar Smoak, chairman of the Granville County Board of Commissioners, said in a statement.
AW North Carolina opened its Durham County plant in 1998, and it has expanded the plant six times since then.