 For this reason, the company's growth was uninterrupted during the mid-1970s.In fact, from 1973–1975, NTN Manufacturing Canada, NTN de Mexico and NTN Suramericana were opened, in addition to another factory in Elgin, Illinois.In 1977 however, NTN Toyo posted a loss of 1 billion JPY due to the increasing value of the Japanese Yen making exports more expensive.