Friday, August 30 2019
Honda Manufacturing of Alabama and its suppliers had a $12 billion economic impact on Alabama in 2018, employ over 45,000 in the state and produce 5.4 percent of the total Alabama GDP, according to a report released this week by the automaker and Economic Development Partnership of Alabama (EDPA).
In its “Honda Economic Impact Study,” the University of Alabama’s Center for Business and Economic Research was commissioned to examine the economic and fiscal impacts of Honda and its 26 key Tier 1 suppliers located across the state. The manufacturing plant, which started production in 2001 in Lincoln, Ala., recently celebrated 5 million vehicles produced in Alabama – the first Alabama automaker to hit that mark, said Steve Sewell, executive vice president at EDPA.
“Honda is so instrumental to our success in economic development,” Sewell said.
Friday, June 28 2019
Company to invest nearly $400 million to expand heavy-duty truck manufacturing operation
Pulaski County, VA -- Governor Ralph Northam announced that the Volvo Group will invest nearly $400 million to expand its Volvo Trucks North America New River Valley (NRV) assembly operation in Pulaski County. Major components of the investment include a new 350,000-square-foot building that will ultimately house truck cab welding operations; an expansion of the existing plant to allow for further improvements to the facility’s paint operations and overall material/production flow; and a variety of equipment upgrades, including installation of several state-of-the-art dynamometers for vehicle testing. Volvo considered sites in multiple other states for the expansion project, which will create 777 new jobs within approximately six years.
“As the leading private employer in the New River Valley, Volvo Trucks has been a bedrock of this community for more than forty years and has fueled the regional economy,” said Governor Northam. “The company’s decision to grow its footprint in the Commonwealth not only recognizes the strength of our manufacturing sector, but also reflects the skill of our workers, the quality of life in rural Virginia, and the competitiveness of our business climate. This announcement represents one of the largest capital investments in the history of Southwestern Virginia, and I am confident that this expansion will both prepare the NRV plant for continued success and solidify Volvo’s presence in Pulaski County for decades to come.”
Tuesday, March 05 2019
Columbus, IN -- OSR Inc., a manufacturer of automotive fasteners, announced plans to increase its manufacturing production in Columbus, breaking ground on a new $7 million expansion that will support its future growth in Indiana.
Tier 1 Automotive Supplier Auto Parts Manufacturing Mississippi Increases Production in Lee County, Creates 50 Jobs
Tuesday, October 09 2018
Jackson, MS — Automotive supplier Auto Parts Manufacturing Mississippi is increasing production in Lee County, investing $100 million and creating 50 jobs.
“Auto Parts Manufacturing Mississippi’s growth in Lee County is strong indicator the state’s automotive industry continues to gain momentum and will be a major economic driver in North Mississippi and throughout the state,” Governor Phil Bryant said.
A Tier 1 automotive supplier located in Guntown, APMM produces stamped auto parts, body weld parts and plastic parts. The company’s expansion accommodates increased production for the 2019 Toyota Corolla, which is produced at Toyota Mississippi in Blue Springs. APMM, which is owned by Toyota Auto Body Co., LTD, is retooling its facility and investing in workforce training.
Friday, September 07 2018
Photo Caption: Pfaff Subaru Groundbreaking ceremony at 12 Wilbert Street
Guelph, Ontario, CN — Pfaff Subaru broke ground on their new 2,050–square metre (22,000–square foot) dealership during a ceremony attended by Mayor Cam Guthrie, Pfaff Automotive Partners, Subaru and other community partners.
Guelph’s newest dealership will be built in the north end of the city at 12 Wilbert Street near Woodlawn and Elmira Roads. Pfaff Subaru will add to the existing strength and diversity of automotive dealerships already located in the area, providing new options for Guelph residents.
“I am thrilled to welcome Pfaff Subaru,” said Mayor Cam Guthrie. “This new dealership brings investment, jobs, and more consumer choice to our city. It’s a great addition to Guelph.”
Wednesday, September 05 2018
Company brings approximately 100 jobs to Greenville, S.C.
Tuesday, December 06 2016
Automotive supplier investing $29 million and creating 480 jobs in Spartanburg County
Headquartered in Aurora, Ontario, Canada, Magna International operates facilities across the globe, employing approximately 155,000 people worldwide. The company's product capabilities include producing many parts of the automobile, such as the body, chassis, exterior, seating, powertrain, electronic, vision, closure and roof systems and modules, as well as contract manufacturing.
Friday, September 30 2016
Supplier to Chrysler expected to bring more than 100 jobs to region
Madison, WI -- Toledo Molding & Die Inc. (TMD), a global supplier of interior and air/fluid management systems to the automotive industry, is establishing operations in Beloit – a project expected to create 118 new jobs.
The company’s first Wisconsin plant will be located at the Wisconsin Stateline Industrial Park, where it will manufacture molded automotive parts for Jeep Cherokees that will be produced at the Fiat Chrysler Automotive plant in Belvidere, Ill., in early 2017. TMD, which is investing more than $14 million in the project, will occupy a 105,000-square-foot industrial building at the industrial park.
Wednesday, August 31 2016
Mercedes Alabama plant robots
Alabama’s auto industry continues to power new investment and jobs across the state.
Over the past year, auto suppliers have announced new facilities and expansions worth at least $924 million and more than 2,500 new jobs in activities ranging from precision machining to engineering.
Among the companies growing in Alabama is Lear Operations Corp., which this summer announced a $27.7 million, 535-job expansion of its Tuscaloosa County plant.
The project will boost production to supply seating systems to the Mercedes-Benz factory in Vance. Lear currently makes seats for the Alabama-made C-Class, and now it is adding seats for the plant’s SUVs.
Friday, November 13 2015
Officials at Kamtek expansion announcement in Birmingham
Birmingham, AL -- Auto supplier Kamtek announced plans to invest $530 million in an expansion of its Alabama operation that includes opening a new aluminum casting facility to meet automaker demands for lighter parts.
Kamtek, whose parent company is Canada-based Magna International, says the expansion project in Birmingham will add 354 jobs to its current Alabama workforce of more than 900. Kamtek primarily produces stamped parts for Mercedes-Benz and other automakers at its Jefferson County facility.
Kamtek will invest $530 million to expand its Alabama auto parts manufacturing facility.