South Korea-based Mando America Corp., one of the world’s largest auto parts suppliers, plans to invest $19 million in its manufacturing operation in Opelika, Alabama. The company expects to hire 32 new workers to support the expansion.
The company has its North American headquarters based in Opelika, where it makes brake components, suspension modules and steering systems for U.S. industry customers. As part of the expansion, Mando will add new equipment and make improvements over the next three years to its facility in the Northeast Opelika Industrial Park. Once the project is complete, Mando’s Alabama investment will surpass $220 million and its workforce will number more than 700.
Opelika Mayor Gary Fuller said Mando’s additional investment underscores the manufacturer’s confidence in its Opelika operation. “Mando is very important to Opelika,” Fuller said. “They are one of our largest manufacturing employers, and we understand this continued investment is a testament to the success they have had in Opelika.”
“Alabama’s auto sector recorded a banner year in 2015, and it continues to gain momentum through expansion projects like Mando’s in Opelika,” said Greg Canfield, Secretary of the Alabama Department of Commerce. “When world-class automotive companies repeatedly expand their operations in the state, the industry gets another reminder that ‘Made in Alabama’ translates into success.”
“Mando’s new expansion project in Opelika is a sign of the strong partnership bond that Alabama has developed with this international manufacturer,” Governor Robert Bentley said. “Creating good jobs for Alabamians is the top priority of my administration, and Mando’s continued growth in Opelika is a welcome development. “We’re committed to helping this world-class company expand its Alabama base,” he added.
Source : areadevelopment.com