According to local reports, Indiana automotive foundry Intat Precision Inc. plans to invest up to $26-million next year to add a third casting line to its Plant Two in Rushville, IN. The project was approved by the company’s parent, Aisin Takaoka Co., and would be started and completed in 2013. Up to 45 new workers could be hired in line with the additional capacity.
Intat Precision president Tyler Usami and vice president Brad Rist announced the expansion at a recent employee-appreciation event.
Aisin Takaoka is a holding company that includes ferrous and aluminum foundries, as well as forging and machining operations, mainly for automotive products, but also including casting mold production, among other product sectors.
Intat Precision is a ductile iron foundry with two plants at the Rushville site, one that opened in 1989 and the second in 1999. The two plants are supplied with molten metal from a total of eight induction melting furnaces. Molds are produced in two Disamatic molding lines (23.6X29.5 in., 21X26 in.), and Isocure cores are produced in four Laempe machines.
No specific details of the new casting line have been reported.
Intat Precision manufactures numerous automotive structural components, including engine brackets; brake drums and rotors; front anchors; exhaust flanges; and steering knuckles, among others. Among its customers it lists Ambrake Corp., ATTC Manufacturing, Inc., HINO Motors Manufacturing USA, Nissan Motors, Subaru of Indiana Automotive, Tokico (USA) Inc., and Toyota Motor Engineering & Manufacturing.
According to Rist, the expansion project “is the result of the level of performance that has been achieved at the Rushville operation.”
“Our operation has really stepped up to meet several challenges the last few years,” Rist continued, “and through this recovery, we have demonstrated a confidence internally that made the decision to expand here the best choice.”