Skip to Content
Download Image
Manufacturing

Shinhwa Group to invest $42 million to open Auburn manufacturing plant

 AUBURN, Alabama The Shinhwa Group, an automotive parts manufacturer, plans to establish a manufacturing operation in Auburn to serve the region’s vibrant auto sector, Governor Kay Ivey announced today.

“Shinhwa’s decision to invest $42 million and create 95 jobs in Auburn is great news for Alabama,” Governor Ivey said. “Alabama has become an important player in a changing automotive industry, and Shinhwa’s plans to open its first U.S. plant in Auburn is proof of our success.”

Alabama is home to an rapidly growing automotive cluster that produces around 1 million vehicles a year and provides an estimated 40,000 direct jobs at companies within the sector.

Shinhwa’s high-level automation and innovative solutions to technological challenges represent an important new resource for existing automotive companies in the area.

Download Image
Enterprise

Alabama trade mission team travels to United Arab Emirates

Stay connected to what's happening in Alabama now.

  • Enter your email address to receive periodic updates on the evolution of business in Alabama.

Ready to start your company's next chapter in Alabama?

Alabama may be small in size, but its ability to accommodate businesses seeking success is vast. See why companies like Mercedes, Airbus, Hyundai, and Honda have decided to call Alabama home.

Find A Site Learn More About Alabama