NIFCO KTW plans to locate its U. S. operations in Toccoa. Governor Nathan Deal’s office estimates the new business will create 200 jobs and $27 million in investment over the first five years.
Stephens County Development Authority Chairman Brian Akin says they worked hard to get the German manufacturer to locate there, “This is an exciting day for Toccoa-Stephens County and a huge win for our local job market.” Akin didn’t go into specifics on what types of incentives the county offered to entice the company to call Toccoa home. Instead he pointed to recent investments in local infrastructure as a factor in their choice.
“Automotive suppliers such as NIFCO KTW choose Georgia because they trust that our state is the best place to grow their business,” Governor Deal says. “Stephens County boasts pro-business resources and a ready-to-work community that provides a stable foundation for global companies to flourish. After more than 40 years of business ties with Germany in this region, I look forward to the high-quality jobs that this thriving, industry-leading company will bring to this community and our state.”
The Toccoa facility will supply injection-molded parts for BMW and Mercedes-Benz, among others. The injection-molded components are used on a variety of vehicles.
NIFCO KTW Managing Director Roland Furtmayr is enthusiastic about his company’s new home, “In the City of Toccoa, we have found the perfect partner in North America for this goal. NIFCO KTW looks forward to becoming a reliable and successful employer that contributes to positive economic development in Stephens County.”
NIFCO KTW will initially build a 130,000-square-foot facility on 32 acres at Hayestone Brady Business Park. The timeline for construction was not revealed.
