Will construct $15 million building next to existing facility
FRANKFORT, Ky. (Feb. 26, 2015) — Gov. Steve Beshear today announced that NHK of America Suspension Components Inc. (NASCO) is planning a $15 million expansion in Bowling Green.
NASCO will invest $15.2 million to construct a new building next to its existing facility on Nashville Road. The project will be completed in the next two years.
NASCO’s facility will house a compact line for the manufacturing of automotive suspension coil springs. The company also plans to add other equipment for the processing of steel wire used in suspension coils. The new building, which will contain state-of-the-art manufacturing equipment, will allow NASCO to increase its production by 20 percent.
A subsidiary of the NHK International Corporation, NASCO employs 280 people.