Taiho

Seneca County to hold third annual Manufacturing Showcase

Showcase LogoLocal manufacturers to demonstrate skilled trades to high school students

TIFFIN, OHIO – July 31, 2018 – The Seneca Department of Job and Family Services/OhioMeansJobs is once again partnering with local organizations and manufacturers to hold Seneca County’s third annual Manufacturing Showcase on October 12, 2018 at the Heminger Center on the Tiffin University campus. The event is an opportunity for area students to learn about careers in manufacturing and participate in hands-on skill demonstrations.

Carol Kern of Seneca DJFS is looking forward to another successful event: “We are excited to host this event for the third year, to get students talking about their options, and we are pleased that businesses and educators see the value in introducing students to different career paths.”

The showcase will focus on six skills: team building, lean practices, employability, machining, supply chain and mechanical engineering/electrical trades/automation. For each skill, there are six spaces available for a hands-on demonstration.

Eleven schools within Seneca County will send 700-750 students to participate in the showcase. The event will last a full day, with students split into one morning session and one afternoon session. Lunch will be provided at no cost.

Several manufacturers are already on board; Callies Performance Products, The Mennel Milling Company, NSI Crankshaft, and Charter Steel of Fostoria have signed on as well as American Fine Sinter, National Machinery, Taiho, Webster, Ballreich’s, and Toledo Molding & Die of Tiffin. Sentinel Career and Technology Center will also have a skilled booth. If you would like more information, to make a donation, or to sign up for a space at the showcase, please contact Carol at 419.447.5011 ext. 322, or visit http://senecashowcase.wordpress.com.

Check out last year’s event:

Second Tiffin Toyota supplier wins award

American Fine Sinter 2018.jpgAmerican Fine Sinter has won a supplier award from the Toyota Company of North America for excellence in value analysis achievement. AFS is the second Tiffin automotive parts manufacturer recognized by Toyota, joining Taiho Corporation of America, which received a technology and development award.

Tiffin is home to the North American headquarters of AFS, located in the Eagle Rock Business Park. The company, which manufactures parts for the automotive, railroad, industrial machinery, and hydraulics industries, has undergone several expansions in recent years to accommodate growing production.

In 2014, they announced a $16 million and the construction of 100,000 square feet of new manufacturing space, additional office and storage space, and an $8 million investment into state-of-the-art automation and manufacturing equipment, due in part to a contract with Toyota to produce transmission parts. (See article)

Yet another project was announced in 2017, filling the 2014 expansion with equipment to produce mid and high torque carriers for the Toyota Highlander, RAV4, and Camry, using new technology from Toyota only implemented in three facilities worldwide. (See article)

About American Fine Sinter
American Fine Sinter (AFS) was established in 2001 in Tiffin, Ohio and started production in 2003. Today, Fine Sinter Co. a joint venture between Tokyo Sintered Metals (TSM) and Japan Powder Metallurgy (JPM), the parent company of AFS, is a $350 million company with more than 1,000 employees worldwide. The company manufactures parts for the automotive, railroad, industrial machinery, and hydraulics industries, and American Fine Sinter most recently has focused on valve seats and variable cam units for the automotive industry.

 

 

Taiho Corporation of America receives supplier award from Toyota

Taiho.jpg

Accepting the award, Taiho president Nick Isogai and sales manager Ken Kamata.

Recognized for Technology & Development

Press release provided by Taiho Corporation of America

TIFFIN, OHIO (March 20, 2018)  – Taiho Corporation of America, a supplier of engine bearings, bushings, shoe bearings and vacuum pumps, was recognized with an Excellent award from Toyota Motor North America, Inc. (TMNA) at its Annual Supplier Business Meeting (ABM) on March 20.  Held at the MotorCity Casino Hotel in Detroit, ABM brings together approximately 850 supplier representatives from across North America.

We are proud to receive this award from Toyota Motor North America, Inc. This award is for the Technology and Development of Taiho’s newest product, Vacuum Pump that started mass production in 2017. This award will give our team members pride and motivation for the recognition of their daily hard work that they do. – Taiho Corporation of America

Currently celebrating 22 years, ABM allows TMNA to discuss business objectives with direct and indirect suppliers in preparation for its upcoming fiscal year. Each year, TMNA recognizes suppliers who exceeded the company’s expectations in several categories.

“Toyota collaborates with each of our supplier partners in order to build vehicles with the high safety, quality and reliability standards to meet and exceed our customer’s expectation,” said Robert Young, Group Vice President, TMNA R&D Purchasing and Supplier Engineering Development and Cost Planning.  “We are pleased to recognize those in our supply base who exceed our high performance targets and allow us to build ‘ever better vehicles’ for our North American customers.  We thank them and their team members for their tremendous support, partnership and commitment to continuous improvement and collaboration.”

About Toyota

Toyota (NYSE:TM) has been a part of the cultural fabric in the U.S. and North America for 60 years, and is committed to advancing sustainable, next-generation mobility through our Toyota and Lexus brands. During that time, Toyota has created a tremendous value chain as our teams have contributed to world-class design, engineering, and assembly of more than 36 million cars and trucks in North America, where we operate 14 manufacturing plants (10 in the U.S.) and directly employ more than 47,000 people (more than 37,000 in the U.S.).  Our 1,800 North American dealerships (nearly 1,500 in the U.S.) sold more than 2.7 million cars and trucks (2.4 million in the U.S.) in 2017 – and about 87 percent of all Toyota vehicles sold over the past 15 years are still on the road today.

Toyota partners with community, civic, academic, and governmental organizations to address our society’s most pressing mobility challenges. We share company resources and extensive know-how to support non-profits to help expand their ability to assist more people move more places. For more information about Toyota, visit www.toyotanewsroom.com.

Taiho moving forward with $8M expansion in Tiffin

TaihoProject expected to create 50 jobs; receives local tax credit

TIFFIN, OHIO – August 17, 2015 – Following approval of a local job creation tax credit by Tiffin City Council this evening, the Taiho Corporation of America is announcing its decision to move forward with an $8 million, 50-job expansion at its North American headquarters and manufacturing operation in Tiffin. The project is expected to be completed three years and brings the company’s total investment to more than $21 million since 2012.

The Japanese automotive supplier currently employs 180 and manufactures more than 120 million parts a year at its Tiffin location, including engine bearings, bushings, and other specialty bearings – parts that go into such popular models as the Toyota Camry, Chevy Malibu, Cadillac CTS, and Honda Accord. The new project will allow Taiho to supply polymer-coated bearings and produce a completely new vacuum pump product line.

“Any Taiho facility worldwide could have supported this expansion; we are very pleased that the Tiffin location was chosen for both projects,” Taiho President and COO Nick Isogai said. The Ohio location was competing with other Taiho locations in Japan, Thailand, and Tennessee for the project.

The five-year, fifty percent municipal income tax credit — also known as the New Jobs Program — approved today is expected to be worth up to $37,000 over the term. In addition, the company’s existing Ohio Job Creation Tax Credit from its $13 million expansion in 2012 will capture the new activity and provide additional benefit to the company.

“Tiffin’s economy is surging. The resources available for projects like this are one of many reasons why Tiffin’s industries are expanding, and I am happy that Taiho was able to qualify for the credit,” Tiffin Mayor Aaron Montz said. Seneca County Commissioner Holly Stacy was also thrilled at the news, “We’re excited about the number of Seneca County residents that are Taiho employees, and that the number will be growing.”

Financial support for the project was also provided by JobsOhio and the Toledo-based Regional Growth Partnership in the form of a $35,000 state Economic Development Grant. Dean Monske, President & CEO of the Regional Growth Partnership, was pleased with the announcement. “Tiffin and Seneca County continue to be a strong economic development engine in northwest Ohio, and we were happy to support the project.”

About Taiho Corporation of America

Taiho is a global Japanese automotive supplier of bearings and bushings that has its headquarters in Toyota City, Aichi Prefecture, Japan. Founded in 1944, it currently has more than 1700 employees and over $1 billion in global sales is a $50M+ company in sales. It established its North American presence in 1980 and its first overseas manufacturing operations in Tiffin in 1996 as their first overseas base of operations. It currently employs 180 and operates out of a two facility complex in Tiffin’s Northstar Industrial Park with more than 180,000 square feet of space under roof. Learn more at http://www.taihousa.com.

About SIEDC

Started in 1983, the Seneca Industrial and Economic Development Corp. (SIEDC) is a private, non-profit corporation dedicated to driving positive economic, downtown, and community development in Tiffin and Seneca County, Ohio, which consistently ranks among the top communities nationally for economic development. Learn more about the great things going on at the company’s blog at www.senecasuccess.com.

About Regional Growth Partnership

Based in Toledo, Ohio, the Regional Growth Partnership (RGP) is private, nonprofit corporation designed to drive job creation and new capital investment in northwest Ohio through business attraction, retention and expansion efforts. The RGP also serves as the JobsOhio Northwest network partner, serving as the JobsOhio point of contact and customer service for state incentives for a 17-county region. Learn more at www.rgp.org.

Taiho to hold 2nd Open House and Hiring Event

taiho-2On Monday and Tuesday of next week, the Taiho Corporation of America will hold its second open house and hiring event at its Tiffin, Ohio headquarters.

The event will take place between 1:00 and 5:00 pm on Monday, October 20 and Tuesday, October 21. Everyone in the community and potential job-seekers are invited to attend. Please be aware that the plant tour requires long pants and no open toed shoes.

Those interested in employment can talk with company representatives or send a resume to 194 Heritage Dr., Tiffin, OH.

Taiho Corporation is a $60 million company founded in 1944 that has operations worldwide, employing ca. 1,650 employees. Their first overseas plant was established in Tiffin in 1996, where they manufacture bearings, crank washers, bushings, and piston shoes for the automotive industry. Taiho in Tiffin sits on 20 acres and has two facilities – one that is 117,000 square feet and one at 70,000 sf.  Within the last couple of years, they constructed 40,000 additional square feet of space and indicated they would be adding 45 new positions. The total investment of that expansion was $13 million.

For more information, please check out their US website and their parent company website.

Why Regional Growth Partnership is essential for our success

(Photo: HiVelocityMedia.com)

(Photo of Dean Monske – HiVelocityMedia.com)

During my first week on the job, I went up to visit the regional economic development organization for Northwest Ohio–the Regional Growth Partnership (aka RGP) based in Toledo. I met with Dean Monske, President & CEO (pictured here); Paul Zito, VP of International Development; Gary Thompson, VP and JobsOhio Director; VP Doug Born, Kyle Dodd, Colleen McCray and many others.

I thought it would make sense to explain how we (the Seneca Industrial and Economic Development Corp. or SIEDC) work with RGP to encourage and advance economic growth for Seneca County and why it’s so important to have a strong regional partner. RGP plays the following four key roles for us:

  1. JobsOhio/State Incentives – RGP is our JobsOhio Network partner and receives funds from JobsOhio to represent, negotiate, package, and help facilitate approval of all state incentives for projects throughout northwest Ohio. They have the authority from the State of Ohio (the Ohio Development Services Agency) to represent the State in interactions with companies. During 2012, RGP was directly involved with 37 projects in 2012 with capital investment exceeding $340 million. These projects resulted in the retention and creation of 6,000 jobs. One of these in Seneca County was Taiho of America, and RGP helped procure both a Job Creation Tax Credit and a Business Incentive Grant for the $13M expansion.
  2. Regional Marketing – it is difficult as one of 3,144 US counties to get the attention of key decision makers for economic development projects. Site selection consultants and corporate real estate executives most often go metro area by metro area, state by state as their first step in eliminating or including sites for consideration. RGP invests significant resources to market northwest Ohio–including Seneca County–to national and international prospects, working to get them interested in and to consider the region as a positive place for investment. A July 2013 visit by site selectors to northwest Ohio underscores the point. RGP is willing to consider supporting marketing activity done by SIEDC that are beneficial to the entire region.
  3. Retention & Expansion (R&E) – working with existing businesses to help them stay successful, grow and expand is the most important part of any community’s economic development strategy, and RGP understands this. Accordingly, RGP financially supports SIEDC to call on key existing businesses in our county.
  4. Tech-based Economic Development – RGP runs the Enterpreneurial Signature Program (ESP) for northwest Ohio under the RocketVentures brand. The ESP program, along with the Pre-Seed Fund Capitalization program, are the two flagship initiatives of the Ohio Third Frontier, a $2B initiative begun in 2004 to support entrepreneurs, attract resources, and commercialize technology in this state. In essence, RocketVentures is our companies’ consultant to access the services and resources of the many programs and funds within the Ohio Third Frontier.

Read the RGP’s last Annual Report (2012) for more information (see page 4 for info on how they helped Taiho):

RGP Annual Report 2012 - Intl

Seneca County in top 5% for economic development

1303CoverBIGWhen I was exploring various communities, something struck me about Tiffin and Seneca County – its economic development success. It’s a very well-kept secret, but it’s pretty amazing. There are 576 Micropolitan Statistical Areas (or “Micropolitans”) in the US, which are urban areas (counties) around a city of 10,000 to 49,999 in population–which is exactly what Seneca County, Ohio is.

Also, every year, these micropolitans compete for economic development bragging rights by sending in their large private investment projects to Site Selection Magazine. Site Selection then racks and stacks each micropolitan and releases in their March issue the top 100 (20%) nationally in terms of the number of projects. In order to qualify, a project must involve (a) 50 or more new employees, (b) 20,000 or more new square feet of space, or (c) $1 million in investment.

So, here’s the amazing part. For seven of the last ten years, Seneca County has ranked in the top 100 (the top 20%) across the country. And last year, it tied for 30th, putting it among the strongest 5% nationally. This is great news and is a testament to the county’s economic growth, the great businesses here, the community’s support of business, and the great job Rich Focht and Karen Bowers did at SIEDC (my organization). The table below is from the March 2013 edition of Site Selection, in particular the article on micropolitans.

The four projects for 2012 for Seneca County were as follows (source: Ohio’s Private Investment Survey 2012):

2012TopMicropolitans