Shelby Electric is helping a local Shelbyville business to expand. IHI Turbo has received a loan from the USDA and the Shelby Electric Cooperative to help with the expansion projects that have helped grow IHI Turbo’s business. Vice President of Media and Public Relations at Shelby Electric Kevin Burnsen spoke with Regional Radio News and shared some of the details of the loan.

Burnsen shared how IHI Turbo is a global business that manufactures automotive parts for various companies all over the world. Due to growing demand, IHI Turbo had to add another production line to their facilities, which added jobs at IHI Turbo.  Burnsen said how Shelby Electric likes having a local business grow such as how IHI Turbo has.

The expansion project cost roughly three million dollars overall, with the loan that IHI Turbo received helping to offset some of those costs. The expansions also helped show IHI Turbo’s parent company in Japan that the Shelbyville area wants IHI Turbo to keep its business in the area.