Takumi Stamping Inc., a Tier 1 auto parts supplier to Toyota, broke ground earlier this spring on a $3.6 million expansion to its manufacturing facility on Seward Road. The company will add 46,000 square feet of manufacturing space to its existing 150,000 square feet, to accommodate its continued growth.
This addition comes just a few years after Takumi moved into its new facility on Seward Road, just north of Symmes. It previously leased space from Pacific Manufacturing before building its own facility in 2009.
Takumi employs 325 people, and will add new jobs when the expansion is completed later this year. The City assisted the project by approving a 5-year, 75% property tax abatement on the assessed valuation of the new plant addition.
“We are happy to be here in Fairfield” said Tash Tashima, project manager for Takumi. “It is a business friendly city.”