Japanese brake systems manufacturer ADVICS is currently in the process of planning a 144,000-square-foot, $6.4 million expansion at its plant in Lebanon, Ohio. This new growth goes alongside the company's 2014 plans to build $100 million worth of expansions to its global auto parts plants. On top of increasing its ability to mass produce quality products, the expansion is also expected to create around 100 new jobs by the end of this calendar year.
The Lebanon expansion includes plans for a new entrance for employees, new and improved parking for an additional 600 vehicles, and what the company describes as "enhanced security features."
The Warren County Port Authority has to approve the expansion with an amendment to a pre-existing deal with ADVICS. The Japanese brake manufacturer is expected to pay a $65,184 transaction inducement fee as well as $22,500 in attorney's fees to cover the costs of the amendment.
The initial agreement was reached in February of 2014, when the port authority allowed ADVICS to make 83,000 square feet worth of additions to its plant, including electronic stability control features. It was first amended in September of that year, allowing an additional 16,000 square feet for lockers, restrooms and lunchrooms. Earlier this year, ADVICS added a 3,200-square-foot office.
Lebanon Mayor Amy Brewer says that "ADVICS has been an incredible industry for Lebanon," adding that "the community is blessed to have such a phenomenal company."
Greening Testing Laboratories strives to stay on the precipice of all of the latest news in the braking industry as well as the greater automotive industry. Our brake testing services are used by many of the world's leading automakers to assess performance. GM has recognized our facilities as suitable for the most demanding and accurate tests, following the guidelines of major standards organizations.