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 Economic Development News 
Tuesday, December 17 2019
Whitmer: Ford Motor Company investment in Michigan creating 3,000 jobs and extending state's leadership in design and production of autonomous and electric vehicles

Photo Caption: Trunita Hawkins, Ford Motor Company employee, works on the Customer Acceptance Line to ensure quality for customers at Michigan Assembly Plant, home of the Ford Ranger and future all-new Ford Bronco. (Ford)

  • Ford will add 3,000 jobs, invest $1.45 billion at two of its key Southeast Michigan manufacturing sites with support from the Michigan Strategic Fund
  • Expansions expected to result in significant opportunities for suppliers and communities across Michigan
  • New vehicle modification center will be the first of its kind for Ford, will complete Ford’s first autonomous vehicles starting in 2021

Lansing, MI -- Governor Gretchen Whitmer announced a decision by Ford Motor Company to expand at two if its key facilities and establish a new vehicle modification center in southeast Michigan, creating more than 3,000 well-paying and skilled trades jobs for Michigan workers.

With support approved by the Michigan Strategic Fund, Ford is investing approximately $750 million and adding 2,700 new direct jobs at its manufacturing facility in Wayne, Mich. during the next three years. Ford will install new equipment to support production of the all-new Ford Bronco and Ford Ranger, as well as create a new vehicle modification center at that location where Ford’s first autonomous vehicles will be completed starting in 2021.

Posted by: AT 01:11 pm   |  Permalink   |  Email
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.

Posted by: AT 11:20 am   |  Permalink   |  Email
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.”

Posted by: AT 09:56 am   |  Permalink   |  Email
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.
"OSR’s decision to expand in Indiana continues a long-standing tradition of Japanese manufacturers choosing our state for growth," Indiana Secretary of Commerce Jim Schellinger said. "We're proud of and grateful for our strong cultural and economic ties with Japan. Indiana is home to more than 290 Japanese business facilities that support thousands of quality jobs across the state, and we look forward to continued growth as companies like OSR grow and create even more career opportunities for Hoosiers."

Posted by: AT 12:14 pm   |  Permalink   |  Email
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.

Posted by: AT 09:27 am   |  Permalink   |  Email
Friday, September 07 2018
Groundbreaking ceremony welcomes Pfaff Subaru to Guelph

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.”

Posted by: AT 11:46 am   |  Permalink   |  Email
Wednesday, September 05 2018

Company brings approximately 100 jobs to Greenville, S.C.
Columbia, SC — JTEKT North America (JTEKT), a subsidiary of global automotive and industrial supplier JTEKT Corporation, has completed a $5.8 million expansion of its headquarters on the campus of the Clemson University International Center for Automotive Research (CU-ICAR). The expansion project began in 2017 to accommodate the new jobs JTEKT has and will continue to create in Greenville, totaling 100 positions, all of which will be filled by 2020.
JTEKT manufactures steering systems, driveline components, bearings technologies and precision machine tools, all critical to the state's automotive industry. The company employs more than 6,000 associates at 24 sites across North America, including four manufacturing facilities located in South Carolina. In 2015, JTEKT strengthened its presence in the state by announcing the consolidation of a portion of its headquarters to CU-ICAR in Greenville.

Posted by: AT 09:44 am   |  Permalink   |  Email
Tuesday, December 06 2016

Automotive supplier investing $29 million and creating 480 jobs in Spartanburg County
Columbia, SC -- Magna International, a leading global automotive supplier, is constructing a new seat manufacturing plant in Spartanburg County. Representing its fourth manufacturing plant in South Carolina, the company is projected to invest $29 million in the facility, creating 480 new jobs over the next five years.

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.

Posted by: AT 10:55 am   |  Permalink   |  Email
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. 

Posted by: AT 11:19 am   |  Permalink   |  Email
Wednesday, August 31 2016
Alabama auto industry adds jobs, investment in communities big and small

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.

Posted by: AT 11:23 am   |  Permalink   |  Email
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.

Posted by: AT 10:29 am   |  Permalink   |  Email
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