A Franklin auto parts manufacturer, KYB Americas Corp., is expanding and plans to create about 50 jobs within three years. The company plans to build a 45,900-square-foot expansion at the south side of its facility so it can move and expand its work in aftermarket parts production.
The KYB project is the third auto parts manufacturer in the city to announce an expansion in the past year. It joins a $12 million expansion by Mitsubishi Heavy Industries Climate Control to add a new turbocharger production line and a $30 million investment by NSK Corp. to expand its ball screw and ball bearing production lines.
These announcements are significant in their economic impact, but they also say something about the quality of the area’s workforce.