Auburn, Ala. - Touchstone Precision Inc., located at 239 Technology Parkway announced today the expansion of their existing location. The company anticipates investing approximately $9,055,944 in its facility at Auburn Technology Park South, including the construction of a 67,000 square foot expansion and new manufacturing equipment. The project will result in the hiring of approximately 27 new employees.
Vice President, Yoshihiro Taniuchi said “We look forward to a longstanding relationship with the City of Auburn and contributing to the city and Alabama’s steady growth.”
Touchstone Precision Inc. established its Auburn operation in 2000 to produce plastic injection and over molded parts for the automotive industry. The facility’s capabilities include in-house stamping and highly automated assembly. The company currently provides 90 Auburn jobs. Touchstone Precision is part of the Japanese Dai-ichi Seiko group serving the automotive, electronics and semiconductor industry and employing over 5,500 globally.
“Good news for Touchstone Precision is good news for Auburn,” said Auburn Mayor Bill Ham, Jr. “Touchstone has been part of the Auburn community for 14 years, and their latest expansion announcement is yet another success story for local jobs and industry.”