SPINGFIELD, Ky.—Inoac Group North America L.L.C., a subsidiary of Japan-based Inoac Corp., will invest $13.7 million to expand its operations in Springfield, Ky., to supply products for Ford's Kentucky Truck Plant in Louisville.
"Inoac is excited to continue our strong relationship with Ford and the Kentucky Truck Plant with this significant investment," Roger Dawes, president of Inoac Group North America, said in a Nov. 9 news release.
The expansion is expected to create 49 full-time jobs, including production operators, team leaders and quality and material handling positions, the release said. The investment includes new equipment and technology and building upgrades.
The project is scheduled to begin in the fall of 2022, it said.