A Japanese prototyping company marked and celebrated its grand opening today with official presentations and a ribbon cutting at its north Toledo facility. TPAM, which announced its intentions this past May, will be investing $4 million and creating at least 30 new jobs at its North-Cross Industrial Park location. The company provides support in the new development of automotive and other industrial products. TPAM is recognized as one of the few specialist companies that can handle all parts of the product-making process.
“We are proud to announce the opening of our first North American facility in Toledo,” said Hideki Sasaki, CEO, Topia, the parent company of TPAM. “Northwest Ohio’s favorable business climate and its proximity in the marketplace relative to our customer base were key factors in our decision to locate here.”
Local and state officials gathered at this morning’s event to welcome and congratulate the company for coming to Toledo, where it will take over an existing 62,000 square-foot facility.
Along with Mr. Sasaki, other speakers at the ceremony included:
- Toledo Mayor Wade Kapszukiewicz
- Deputy Counsel General Sakai
- JobsOhio Automotive Director Jonathan Bridges
- Regional Growth Partnership Vice President Paul Zito
- Ohio Governor Regional Representative Lu Anne Cooke
- Lucas County Commissioner Carol Contrada
“Northwest Ohio’s competitive assets continue to attract significant investment in the advanced manufacturing industry,” said Dean Monske, president and CEO, Regional Growth Partnership. “In collaboration with JobsOhio, we congratulate TPAM and look forward to working with the company in its growth and expansion.”
Topia, the parent company, was founded in 1973 for the initial purpose of designing and making press dies and fabricating metal prototype parts. The company has strived to stay on the cutting edge, committed to focusing on its core strengths, namely quality and delivery times.
For this project, TPAM received several grants and incentives through JobsOhio, the Ohio Tax Credit Authority, the city of Toledo and Lucas County.