Richmond, Kentucky — According to state and local development sources, Hitachi Astemo Americas plans to invest $153,000,000.00 to build out 752,000 square feet of new space in Richmond. The company plans to occupy the new space in Richmond, on or about 2/1/2025. According to the company website In January 2021, Hitachi Automotive Systems, Keihin, Showa, and Nissin Kogyo completed a business merger and began their journey as the global mega-supplier Hitachi Astemo. Through the combined strengths of the companies, we are further enhancing our global competitiveness in the areas of automotive powertrain systems, chassis systems, autonomous driving/advanced driving assistance systems (AD/ADAS), and motorcycle systems. Hitachi Astemos mission is to work on solving various social issues and to create a better future by providing advanced mobility solutions. In addition to reducing traffic accidents and traffic congestion, we aim to reduce the burden on the environment by cleaning exhaust gas and improving fuel efficiency to contribute to the realization of a society that is both people- and eco-friendly.

To learn more about Hitachi Astemo Americas, visit http://www.hitachiastemo.com/

Company Contact:
Tim Clark, President
859-734-9451

SOURCE: http://www.intelligence360.io
Copyright (c) 2023 SI360 Inc. All rights reserved.