AUBURN, Alabama — Shinhwa Auto USA Corp. plans to add a second auto parts manufacturing facility in Auburn as part of a $78 million growth project that will create 42 jobs over the next three years, Governor Kay Ivey announced this morning.
Shinhwa will build the new 400,000-square-foot factory across from its existing location in Auburn Technology Park West to expand output of aluminum parts and meet future demands stemming from electric vehicle production.
“This is a great example of the constant innovation and advancements in manufacturing — particularly in the automotive sector — right here in Alabama,” Governor Ivey said. “With this expansion, Shinhwa will have invested over $190 million and created more than 185 well-paying jobs since choosing Auburn as their first U.S. location.
“Congratulations to Shinhwa on another successful expansion,” she added.