Sewon America, Inc., the largest supplier for Kia Motors Manufacturing Georgia's plant, will invest an additional $10 million in its LaGrange, Georgia, manufacturing facility, with plans to hire 150 more employees.
Sewon America, a subsidiary of Korean-based Sewon Group, produces stamped chassis and body components as well as some decorative trim pieces, supplying Kia Motors Manufacturing Georgia and Hyundai Motor Manufacturing Alabama.
"Sewon Group is celebrated for its high-quality automotive parts and we will continue our tradition of excellence here," said Chairman and CEO Moon-Ki Kim. "We are looking forward to continued success in working with LaGrange, Troup County and Georgia. We would not be successful without our dedicated team members. We appreciate them and we are excited about our future as one family."
Sewon said it grew to 700 workers by the end of 2010 in response to a rapid increase in business. Its latest expansion will bring its total workforce to 850 employees and its total investment over the last four years to $180 million.
"We congratulate Sewon on its continued growth and are honored that the company has thrived in Georgia's pro-business environment," Gov Nathan Deal said. "Working toward becoming the No. 1 place to do business, we have taken aggressive steps to prepare a trained workforce that global companies such as Sewon require."
Expansion at Sewon's current facility will begin immediately and is scheduled for completion by the end of 2012. Assistance with the expansion was handled by E Jane Caraway, regional project manager for the Georgia Department of Economic Development's Existing Industry team. In addition, as an incentive, the company will continue to use the services of Georgia Quick Start for its workforce training, in partnership with West Georgia Technical College.
"As Kia Motors continues to grow and expand in Georgia, so will its suppliers," said Commissioner of the Georgia Department of Economic Development Chris Cummiskey. "This is a great example of the long-term economic benefit a company's location brings to a region."
"Sewon America is an outstanding company and an excellent corporate and community partner in LaGrange and Troup County," said Development Authority Executive Director Bobby Carmichael. "We are pleased that they continue to be successful and choose to grow in our area."