HS Automotive Alabama Inc. will invest $12 million to expand its facility in Enterprise, Alabama, adding 100 new jobs in the region. As part of its expansion the company will build a 65,000-square-foot manufacturing facility, which will be located in the second phase of the Yancey Parker Industrial Complex, directly across from HSAA’s current facility.
The company is a Tier I automotive supplier for the Hyundai plant in Montgomery, Alabama. HSAA produces weather stripping, tubing and automotive high- and low-pressure hoses for Hyundai, as well as Kia and Chrysler. HSAA in Enterprise, the first facility of Korean-based Hwaseung Rubber and Automotive to be located in North America, already employs a workforce of more than 270.
“HSAA knows what makes Alabama so successful in economic development: Alabama has the best employees in the world with a work ethic that is second-to-none,” Gov. Robert Bentley said. “We have a positive business climate, and that helps companies like HSAA expand and create more new jobs.”
This is the second time HSAA has expanded its Enterprise operations. The company broke ground on its original facility in August of 2003 and announced its first expansion in 2006.
“I am proud to see another Alabama business add good-quality, high-paying new jobs to help put our people back to work,” Lt. Governor Kay Ivey said. “Alabama has made great strides, particularly in the last two years, to improve the economic climate so that businesses can develop and grow. HSAA is a solid economic partner, and I congratulate the company on 10 years of success.”
House Speaker Mike Hubbard said; HS Automotive Alabama is a “true Alabama success story and serves as proof that our state continues to be a great place to do business.” He added: “Our pro-business focus and successful efforts to reduce red tape make it possible for announcements like today, when a business has not only chosen to call Alabama home but can continue to expand its investment and create even more jobs for the people of our state.”