BUSINESS REPORT: Alabama – Donghee America Plans $48-Million Fuel Tank Plant In Auburn
By Jonathan Sanders
From the July/August 2013 issue
Alabama Gov. Robert Bentley has announced that auto supplier Donghee America Inc. plans to invest $48 million to open an Auburn manufacturing plant, creating 80 jobs.
‚ÄúAlabama has a strong workforce and a positive business climate, and that helps us recruit well-paying jobs for the people of this state,‚ÄĚ Gov. Bentley said. ‚ÄúAlabama‚Äôs role in the automotive industry continues to grow.‚ÄĚ
Donghee America will produce fuel tanks to serve the nearby automotive industry, which includes a Hyundai assembly plant in Montgomery and a Kia operation just across the state line in West Point, GA. The company‚Äôs highly sophisticated manufacturing process will require it to employ a large number of engineers, Alabama officials said. The hiring of key members of the operation already has started.
‚ÄúWe are working with state and local economic developers for more good opportunities, and this announcement is a great example of what a strong economic development program can accomplish,‚ÄĚ Bentley added. ‚ÄúWe welcome Donghee America to Auburn and look forward to working with company leaders to help them succeed and even expand their business here in Alabama.‚ÄĚ
Donghee America will locate at the corner of Innovation Drive and Riley Street in the Auburn Technology Park West. Site preparation for the project began in early March. Construction of the 117,000-square-foot manufacturing facility is scheduled to be complete later this year.
Alabama officials said the commitment by Donghee America will further strengthen the region‚Äôs growing automotive industry.
‚ÄúI am truly convinced that Alabama is the most business-friendly state in the nation, and Donghee America‚Äôs decision to invest in Auburn proves just that,‚ÄĚ said Alabama House Speaker Mike Hubbard, R-Auburn. ‚ÄúOur pro-business, pro-private sector focus has paid off and is exemplified by Alabama‚Äôs steady growth in the automobile industry.‚ÄĚ
The Auburn-Opelika area has had considerable success in landing auto parts supplier projects recently. Last year, Germany-based RAPA said it was putting a production facility and its North America headquarters in Auburn, ultimately creating 105 jobs. An existing supplier Seung Chang Airtech expanded, pushing its job total to more than 200 and its investment to $16.8 million. In Opelika, Mando recently announced a $35 million expansion that will create 67 jobs.
‚ÄúOnce again, we‚Äôre thankful for our great relationship with Gov. Bentley and the State of Alabama and all that they do to benefit Alabama‚Äôs economy,‚ÄĚ Auburn Mayor Bill Ham Jr. said. ‚ÄúDonghee America is a great fit for Auburn‚Äôs industrial community and will bring innovation and high-tech jobs to our economy.
Chairman D.H. Lee of Donghee Group said the company‚Äôs Alabama location will allow Donghee America to better serve its customers, Hyundai and Kia.
‚ÄúI appreciate the support from the State of Alabama under the leadership of Gov. Bentley,‚ÄĚ Chairman Lee said. ‚ÄúWe are looking forward to a prosperous and successful partnership between the State of Alabama and the Donghee Group. Soon, we will be able to say, ‚ÄėMade in Alabama!‚ÄĚ
Earlier this year, Donghee America completed the site selection process by executing a memorandum of understanding with the City of Auburn.
‚ÄúOur special gratitude goes out to Mayor Ham and the leadership at the City of Auburn. The general conditions we find in the City of Auburn will allow for the necessary support that Donghee America will require moving forward with our state-of-the-art manufacturing operation,‚ÄĚ said Gyung-Soo Kim, President of Donghee America.
HUNTSVILLE, AL ROCKET PLANT IS AIMING FOR THE MOON
Moon Express, Inc., a lunar resource company, has announced the opening of a Propulsion Development Facility in Huntsville, AL that will be key to landing the world‚Äôs first commercial spacecraft on the Moon. The announcement was made by rocket pioneer Tim Pickens, who joined Moon Express as the company‚Äôs chief propulsion engineer earlier this year.
Moon Express already has successfully met several milestones, including successfully test firing a ‚Äúgreen‚ÄĚ 400 pound demo rocket engine, demonstrating the new test facility checkout, as well as testing engine performance, deep throttling and efficiency.
The company is developing new mono-prop and bi-prop propulsion systems for its lunar lander, and it is setting up remote hot-fire test capabilities for its ‚ÄúGreen‚ÄĚ propulsion systems.
Pickens was the lead propulsion designer for SpaceShipOne, the world‚Äôs first private manned spaceship that won the $10 million Ansari X PRIZE in 2004 and led to Richard Branson‚Äôs Virgin Galactic enterprise. ‚ÄúTim is an avid inventor, entrepreneur, innovator, engineer and educator,‚ÄĚ said Moon Express CEO Bob Richards. ‚ÄúWe‚Äôre thrilled to have Tim leading our propulsion efforts.‚ÄĚ
Moon Express will benefit from proximity to the NASA Marshall Space Flight Center and the historic Redstone Arsenal. The company‚Äôs Propulsion Development Facility will bring new jobs and innovation to Huntsville, known as ‚ÄúRocket City‚ÄĚ because of its core contributions of rocket technology to the U.S. space program.