Automotive | Business Facilities - Area Economic Development, Site Selection & Workforce Solutions

Automotive parts producer Hyundai TRANSYS will create 678 jobs at a new 620,000-square-foot manufacturing facility in the West Point, GA area.


https://businessfacilities.com/2020/12/hyundai-transys-investing-over-240m-in-georgia-expansion/
Automotive parts producer Hyundai TRANSYS will create 678 jobs at a new 620,000-square-foot manufacturing facility in the West Point, GA area.

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Latest: Hyundai TRANSYS Investing Over $240M In Georgia Expansion - Automotive parts producer Hyundai TRANSYS will create 678 jobs at a new 620,000-square-foot manufacturing facility in the West Point, GA area.

Hyundai TRANSYS Investing Over $240M In Georgia Expansion

Automotive parts producer Hyundai TRANSYS will create 678 jobs at a new 620,000-square-foot manufacturing facility in the West Point, GA area.

Gestamp To Invest Over $94M In Tennessee Expansion

The automotive OEM supplier will create 260 new jobs as it expands operations at its Hickory Valley Road and Ferdinand Piech Way plants in Chattanooga, TN.

GM To Invest Nearly $2B To Build EVs In Tennessee 

Fully electric vehicles, including the Cadillac LYRIQ, will be built at the Spring Hill, TN plant, General Motors’ largest facility in North America.

GM’s Detroit-Hamtramck Plant Named Flagship Facility For EV Production

General Motors will invest $2.2 billion to transform its Detroit-Hamtramck Assembly Center into an all-electric vehicle assembly plant, dubbed Factory ZERO.

Rolls-Royce Investing $13.9M In Minnesota Expansion

The multi-phase expansion will add production lines, testing capabilities, and manufacturing jobs at the company's Mankato, MN Power Systems business unit. 

Eight Companies Investing $71M In Huntsville Metro

The eight new economic development projects in 2020 will bring 510 new jobs to the Huntsville, AL area.

Porsche Expanding North American HQ In Georgia

The multi-million dollar project will add a service center, restoration facility, and experience center adjacent to the company's North American Headquarters near Hartsfield-Jackson International Airport.

Midwest Truck & Auto Parts To Create 150 Jobs In Indiana

Automotive and truck parts supplier Midwest Truck & Auto Parts has selected a 125,000-square-foot facility in Lake County, IN for its Midwest expansion.

Wheel Pros Expanding In Alabama 

The aftermarket wheel supplier acquired the assets of an aluminum wheel manufacturing facility in Auburn, AL and plans to open a second U.S. operation there.

Torc Robotics Will Create 350 New Jobs In Virginia

The self-driving vehicle pioneer will invest $8.5 million to expand software development operations in Blacksburg, VA.

Mazda Toyota Manufacturing Investing Another $830M In Alabama 

MTM will add cutting-edge manufacturing technologies to its production lines and provide enhanced training to employees at its Huntsvillle, AL facility. 

Continential Investing $4M To Expand Indiana R&D Operations

Germany-based vehicle technology company Continential will create more than 45 new jobs with an expansion of its ContiTech Vibration Control business unit in DeKalb County, IN.

VW Opens Tradepoint Atlantic Vehicle Terminal At Port Of Baltimore

The new terminal will import and process 120,000 Volkswagen, Audi, Lamborghini, and Bentley vehicles annually, create approximately 100 jobs.

$1B Tesla Gigafactory Headed For Austin

Tesla's newest Gigafactory will generate $1 billion in capital investment and bring at least 5,000 new jobs to Travis County, TX. 

Navistar Virtually Breaks Ground On $250M Texas Manufacturing Facility

Navistar is building a commercial truck and bus manufacturing facility in San Antonio, bringing 600 jobs to the area. Vehicle production will begin in early 2022.

Alcorta Forging Group Investing $15M In Ohio Expansion

The Spanish auto supplier's Marysville, OH location will be its first manufacturing operations and regional headquarters in the U.S., and will create 50 new jobs. 

Ameri-Kart Investing More Than $10M In Indiana Expansion

The rotational molder and thermoformer will consolidate its Michigan and Indiana operations and create up to 210 jobs in Elkhart County, IN by the end of 2022.

Automotive Supplier Creating 75 New Jobs In Ohio

Marelli is building a new manufacturing plant in Bowling Green, OH, with construction expected to be complete in early 2021.

The Automotive Sector: Adding Some Torque To Growth

Upheaval in supply chains is likely to increase in the short term, a trend that may be exacerbated by changing patterns of supply and demand, consumer-driven connectivity and alternative powertrain systems.

March / April 2020 Issue (Volume 53, Number 2)

The March / April 2020 Issue features the manufacturing and automotive industries. Plus, a look at biotech, food processing, and sustainable development.

Hoosier Energy: Power To The People

Since 1989, partnerships with local communities and Hoosier Energy’s 18 member systems have resulted in more than $11.5 billion in new investments creating 50,000 new jobs.

FCA To Produce Face Masks For First Responders, Healthcare Workers

Fiat Chrysler Automobiles will join the battle against the coronavirus pandemic by manufacturing and donating more than 1 million face masks per month.

Auto Industry Giants Enhancing COVID-19 Protections For Workers

UAW, GM, Ford, and FCA are forming a COVID-19/Coronavirus Task Force to implement enhanced protections for manufacturing and warehouse employees at all three companies.

South Korean Auto Supplier Investing $5M In Alabama Expansion

Seoyon E-Hwa Interior Systems will expand its industrial operation in Selma’s Craig Industrial Park, creating 60 jobs in Dallas County.

Borbet Investing $24M In Alabama Expansion

The German automotive industry manufacturer will create 25 news jobs at its Auburn, AL operation. 

Subaru Investing $158M In Indiana Expansion

The automotive company plans to create up to 350 new jobs at its Lafayette, IN manufacturing operations by the end of 2023.

Silver Award: 2019 Economic Development Deal Of The Year

Commerce, GA will be the home of SK Innovation’s lithium battery plant, which will build advanced batteries for hybrid and fully electric vehicles for VW and other OEMs.

January / February 2020 Issue (Volume 53, Number 1)

The January / February 2020 Issue features our State of the Year and Deal of the Year winners. Plus, a look at energy, aerospace, exports and data centers.

2019 Economic Development Deal Of The Year

We received nominations for projects in nearly two dozen states for our 2019 Deal of The Year awards. Our all-star panel of judges has spoken, so it’s time to reveal their picks for our top three prizes (and nine honorable mentions).

Continental To Build $110M Manufacturing Plant In Texas 

The company’s second automotive manufacturing location in Texas will retain nearly 450 jobs and bring an additional 130 jobs to New Braunfels.

Michigan Strategic Fund Projects Will Create More Than 740 Jobs

Business expansions, community revitalization projects will spur economic growth and extend Michigan’s leadership in automotive manufacturing and future mobility solutions.

China-based Minth Group To Invest $87M In Tennessee

Over the next five years, the auto parts manufacturer will create 254 new jobs in Lewisburg, TN. 

Toyota Announces Additional $700M Investment In Indiana

Toyota Motor Manufacturing Indiana will complete the modernization project at its Princeton operations, and add 150 more new jobs.

Adient Investing $23.5M In Tennessee Expansion

The automotive seating maker will create approximately 330 jobs as it expands its Lexington, TN manufacturing facility for the second time since 2018. 

Fiat Chrysler To Invest $400M In Indiana Transmission Plant II

The global auto manufacturer will expand and retool its Kokomo, IN manufacturing operations for production of a new engine.

Two Projects Will Add Up To 80 Jobs In Lawrence County, AL

CCI Manufacturing USA Corp. will invest $21.5 million to construct an advanced production facility and Progressive Pipe Fabricators has broken ground on a new 82,000-square-foot facility in Lawrence County.

Michigan’s Fiat Chrysler Expansion Is BF’s Deal Of The Year

Michigan Economic Development Corp. has been awarded BF’s 2019 Deal of the Year Gold Award for Fiat Chrysler Automobiles' (FCA) expansion

MKDA Investing $20M In Georgia

Japan-based Mitsui Kinzoku Die-Casting Technology America, Inc. will build a new automotive parts manufacturing facility, creating more than 30 jobs in Spalding County, GA.

GM Investing $1.5B In Missouri Expansion

The auto company's investment will retain 4,000 jobs at its Wentzville, MO plant, where it will build its next generation mid-size trucks.

Freightliner Custom Chassis Expanding In South Carolina

The vehicle chassis manufacturer will invest more than $13.9 million and create 193 new jobs in Cherokee County, SC.

Business Facilities & COVID-19

Nice-Pak To Create More Than 300 Jobs In Arkansas

The wet wipe maker will increase manufacturing capacity at its Jonesboro, AR facility to meet the unprecedented need for its products due to the the COVID-19 pandemic.

$590M Loan Will Help ApiJect Make Vaccine Devices In North Carolina

In response to COVID-19, the U.S. International Development Finance Corporation will loan the company $590 million to build a facility in Research Triangle Park.

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