PARIS, Ky. (KT) -- A Bourbon County auto parts manufacturing facility has announced an expansion that will add 145 new jobs to its existing 550 employee workforce.
Central Motor Wheel of America plans to invest $110 million to expand an additional 40 acres as they add 270,000 square feet onto the company’s 330,000 square-foot aluminum wheel manufacturing facility at 150 Wheat Drive in Paris, in what they term the PROACE Project.
This will increase CMWA’s production by 50 percent. The 145 new jobs – atop the operation’s current 550 employees – include production, maintenance and engineering.
“Kentucky’s automotive industry remains in high gear, and this expansion by Central Motor Wheel of America is the latest example of a thriving industry,” Gov. Matt Bevin said. “The Bourbon County community will benefit greatly from this substantial job creation as CMWA increases production to better serve customers. We are grateful for the company’s commitment to the commonwealth and for its significant impact within Kentucky’s automotive industry.”
Founded as Central Manufacturing Co. in 1986, CMWA is a joint venture between Central Motor Wheel Co. Ltd. and Toyota Tsusho Corp. The company began producing steel wheels in 1988 and its first aluminum wheels in 1990. The company produces aluminum wheels for Toyota and steel wheels for Toyota, Honda, Hyundai and Subaru. In addition to the Paris operation, Central Motor Wheel Co. Ltd. maintains 10 facilities in Japan, Mexico, China, Thailand, Taiwan and Indonesia.
“In response to increasing demand for high-design and high-performance aluminum wheels in North America,” said Osamu Ushio, president of Central Motor Wheel Co. Ltd. “We will develop high-quality and competitive products by introducing cutting-edge technology and realization of high-level on-site capabilities, corresponding to diversifying customer needs."
Groundbreaking on the expansion will take place July 8, and company executives say they expect production to begin in July 2021