BLOOMINGTON, IND. (Dec. 15, 1:10 p.m. ET) — Auto supplier Tasus Corp. is about to spend nearly $2 million in additional equipment, just a year after another expansion.
Tasus, the Bloomington, Ind.-based subsidiary of Japan's Tsuchiya Co. Ltd., won approval from the Monroe County Council in Bloomington on Dec. 13 for a tax break to help finance the $1.95 million purchase.
The company plans to add a 1,450-ton press and auxiliary equipment to support new work producing parts for auto interiors. Last year, it received support from the county for $1.5 million in capital equipment to bring in a press and equipment to mold parts for auto lighting.
Along with the equipment, Tasus expects to add seven jobs, the company said in paperwork filed with the Monroe County Economic Development Commission. It currently employs 123 people in Indiana. It also has molding operations in Georgetown, Texas. Globally, Nagoya-based Tsuchiya has more than 30 plants.