LEBANON, Ky. (April 17, 2012) — State and local officials joined Tuesday with Fuel Total Systems California Corp. to commemorate the grand opening of the Japanese-owned automotive supplier.
The project entails a $38 million investment by the company and will result in 100 new full-time jobs.
“Kentucky’s relationship with the Japanese business community continues to grow, and this is another example of how the right business climate, workforce, incentives and company goals can come together for a successful partnership,” said Gov. Steve Beshear.
Fuel Total Systems California Corp. is a subsidiary of FTS Co., Ltd, with its head office located in Toyota, Japan. The company built a 120,000-square-foot facility on 18 acres in Marion County. The plant will manufacture and supply automotive fuel tank systems and related components.
“We would like to give our thanks for the support shown to us from both the state and local governments,” said Hiroyuki Nishioka, president of Fuel Total Systems California Corp. “Our ultimate goal is to make a positive contribution to and be an integral part of our community, as well as to the Commonwealth of Kentucky.”
The company announced its intent to locate in Marion County in 2008. Japanese-owned companies operate more than 150 facilities in Kentucky, employing more than 34,300 Kentuckians full-time. Kentucky also has the second-highest Japanese per capita foreign direct investment in the country.
“Fuel Total Systems’ grand opening, amid these challenging economic times, brings our community another step toward a promising economic comeback,” said Sen. Jimmy Higdon of Lebanon. “Their investment has provided 100 new jobs and will offer great opportunities for our workforce.”