Auto supplier Hwashin America Corp. plans to expand its manufacturing operation in Greenville, Alabama. The company will invest $26 million in new equipment and expects to create 50 new jobs in Butler County.
Hwashin, a Tier 1 supplier for Hyundai's assembly plant in Montgomery, produces body components for Hyundai’s Alabama auto assembly plant. The operation began in 2003 with a 150,000-square-foot facility and 200 workers. Today, the company’s 650,000-square-foot plant is staffed with more than 750 workers.
“Companies have a choice regarding where they locate and expand. We appreciate the confidence Hwashin has shown in Greenville and Butler County since 2003,” said David Crenshaw, Chairman of the Butler County Commission for Economic Development (BCCED).
To facilitate the company’s latest expansion, the Greenville City Council granted statutory tax abatements at a Nov. 5 meeting. The expansion is projected to boost payroll by $1 million and increase property tax revenue to the Butler County School System by more than $500,000 over 10 years.
“We are excited about the new jobs and investment Hwashin has committed to Greenville,” said Mayor Dexter McLendon. “Great things happen when city and county governments work together toward a common goal.”