BESSEMER, AL—Automotive supplier Valeo North America will invest $5 million to open a new assembly plant here, creating 70 jobs.

Valeo will occupy an existing building in early 2021 with the goal of being at full production by the second quarter.

Valeo already runs 11 production sites and three development centers in North America, with nearly 5,000 employees.

The announcement is another win for Jefferson County. In November, auto supplier Mobis announced plans to open a $15.8 million assembly plant near Birmingham, creating 120 jobs.