Automotive Supplier to Build New Assembly Plant in Alabama
OPELIKA, AL—Yongsan Automotive, a South Korean manufacturer of automotive interior parts, will invest more than $5.5 million to open a new assembly plant here. The facility is expected to employ 150 people in three years.
A supplier to Hyundai Motor Manufacturing of Alabama, Yongsan produces interior parts such as sun visors, seat parts and luggage trim. The new facility plant is expected to begin operations in mid-April.
Greg Canfield, secretary of the Alabama Department of Commerce, said Yongsan’s arrival in Opelika coincides with a period of strong activity in the state’s auto supply chain. The sector comprises more than 200 companies that employ more than 25,000 workers.
“Alabama is ideally situated at the center of the growing Southeastern automotive cluster,” Canfield says. “As Alabama’s auto industry continues to build toward critical mass, Yongsan and other suppliers coming to the state will find skilled workers and the support they need to be successful.”